April 7, 2022
Translink Corporate Finance in France supported the Bordeaux group SIBLU in the takeover of the outdoor hotel group Holding New Aire (“HNA”). This transaction allows the European leader in open-air accommodation and the French leader in the sale of mobile homes to owner-occupiers to increase its total capacity by 3,500 pitches, i.e., an increase of 25%.
Financial advisor to SIBLU in this external growth, Translink CF France was able to take advantage of the sector expertise of Jacques-Henri Rieme, active in this sector since 2016.
The operation was financed by a capital increase subscribed by all the shareholders, led by Naxicap Partners, as well as the use of unitranche financing set up by Arcmont in December 2019.
Based in Seignosse, Holding New Aire (“HNA”) operates 7 campsites in France totalling approximately 3,500 pitches on the Atlantic coast and the Mediterranean coast:
– Camping La Pointe in Capbreton (40) – 404 pitches
– Camping Les Oyats in Seignosse (40) – 505 pitches
– Mimizan Plage campsite in Mimizan (40) – 617 pitches
– Mimizan Lac campsite in Mimizan (40) – 459 pitches
– Camping Le Pipiou in Parentis-en-Born (40) – 396 pitches
– Camping Les Embruns in Cap-Ferret (33) – 695 pitches
– Le Marisol campsite in Torreilles (66) – 377 pitches
Five of the seven campsites operated by HNA are under public service delegation contracts or long-term administrative leases, which the Group founded by Marc Dauliach had successfully made a specialty of. Siblu intends to continue operating these sites in accordance with their respective specifications. Through this operation, Siblu is betting on the revival of the outdoor hotel business, a trend accelerated by covid, and signs one of the largest acquisitions in the outdoor hotel industry.
Simon Crabbe, President of the SIBLU Group says, “this acquisition of the HNA Group is a significant moment in the history of Siblu and I would like to thank our financial partners Naxicap Partners, Arcmont and Schröder, for their support”.
Thanks to very high-quality, high-investment infrastructure and the complementarity of the locations between the Atlantic coast and the Mediterranean rim of this new acquisition, the Siblu group is accentuating its leading position.
Contact our Team Members advising in this transaction:
Headquartered in the city of lights, Paris, and with an office in the beautiful port city of Bordeaux, Translink CF France, formerly Financière Monceau CF, is an independent mid-market M&A boutique. Founded 10 years ago by finance entrepreneurs aged under 30, Translink CF France puts the emphasis on its entrepreneurial DNA when it comes to advising its clients.