People are spending their leisure time and their money in ever-changing ways. Strongly cash-generative and with useful asset bases (creating opportunities to restructure debt), well-managed leisure investments are very much on Candover’s radar.
Deregulation of gambling in the UK (and online) is a major theme: we are exposed through our stake in Gala and are examining European gaming opportunities. Bar and restaurant businesses also offer good opportunities to roll out brands or expand by acquisition.
Candover’s latest leisure investment is Parques Reunidos, operating 24 amusement, animal and water parks, across six countries.
Parques Reunidos, Spain
Gala Group, UK
