Coppergreen

Headquartered in Sheffield, Coppergreen is the owner and operator of four British-based holiday parks. The company focuses on providing high-quality accommodation for long stay or short-break holidays in simply stunning surroundings, with all four of its parks found in areas of natural beauty.
 

A tale of scale

For Woodland Lakes, Coppergreen’s original park, the clue to its surroundings is in its name. It was this 54-lodge development in North Yorkshire that piqued the interest of private growth capital provider, BGF, who spotted great potential for Coppergreen’s expansion.

BGF – formerly Business Growth Fund – specialise in growing businesses and look to support the scaling of entrepreneurial companies with more than just funding. They look to inspire business leaders and innovators, fostering long-term partnerships with them to build strong and sustainable companies.

It was BGF’s £20m investment into Coppergreen – in stages, with an initial cash injection in 2016 – that saw the holiday park operator expand from one site to four, via both acquisition and the development of greenfield sites.

In turn, this increased the total number of luxury rental lodges from 54 to 370 across all parks and seen the business take on nearly 350 new employees.

And for a sector so heavily affected by the coronavirus, Coppergreen has firmly bounced back. With BGF’s unwavering support throughout the pandemic, and it’s continuing guidance going forward, the business has significant potential for further growth. This is through more development planned at its existing parks – namely, c200 further plots – as well as a healthy pipeline for more greenfield sites.

This expansion was further realised in December 2021, when Coppergreen was purchased by Away Resorts. Away Resorts is supported by CVC Capital Partners will include Coppergreen as a key part of the plan to build the UK’s largest staycation provider.

“BGF have been fantastic partners – in their initial and follow-on investments, as well as their unwavering support of our vision for Coppergreen. Over the past two years, we’ve had to adapt our plans and have benefitted hugely from a supportive, minority investor with a long-term outlook.”

David Copley, CEO, Coppergreen Leisure Resorts

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