Freshfields advises CVC Capital Partners VIII on the acquisition by Away Resorts of Aria Resorts
Freshfields Bruckhaus Deringer (‘Freshfields’), together with Mills & Reeve (‘M&R’), is advising CVC Capital Partners VIII, part of one of the world’s leading private equity and investment advisory firms, on the acquisition by leading British holiday park operator, Away Resorts (‘Away’), of Aria Resorts (‘Aria’). This acquisition follows CVC’s investment in Away in June 2021 on which Freshfields and M&R also advised.
The newly formed group will welcome over 750,000 holiday-markers a year and be one of the largest holiday resort brands in the UK with over 20 high quality holiday park resorts and one award-winning luxury boutique hotel across attractive coastal and country locations. Away and Aria bring a clear focus on guest experience, and the delivery of new and innovative products and services. The combined group has ambitious investment plans to continue to develop the existing estate as well as grow its footprint to enhance its market leading position.
The Freshfields team is being led by Charles Hayes, Alex Mitchell and Andy Robinson.