Eight Advisory carried out the financial and IT due diligence on behalf of PAI Partners for the acquisition of the Looping Group
Eight Advisory has advised French private equity fund PAI Partners on its €600 million acquisition of Looping Group, the European operator of 18 theme parks, zoos and aquariums. With this acquisition, the private equity fund strengthens its expertise in the tourism and leisure sector.
Looping was founded in 2011 and operates no less than eighteen parks in eight European countries. The group receives just over 6 million visitors a year and has a turnover of 190 million euros in 2022.
Previously owned by Mubadala, the sovereign wealth fund of Abu Dhabi, and the public investment bank Bpifrance, the Looping Group was acquired by the French private equity fund PAI Partners for more than 600 million euros.
“By accompanying PAI Partners in this transaction, Eight Advisory is pleased to have participated in the opening of a new chapter for the Looping Group, which aims to become the European leader in regional theme parks. This alliance will allow the group to accelerate its organic growth and further complete its portfolio of theme parks,”
said Christian Berling, Partner Transaction Services at Eight Advisory.
Eight Advisory’s participation in this transaction:
Financial Due Diligence
- Christian Berling – Partner – Transaction Services
- Baptiste Piasentin – Director – Transaction Services
IT Due Diligence
- Jean-Christophe Fuzzati – Partner – Technology Transformation
- Jean Verley – Senior Manager – Technology Transformation