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Kingswood

Investment August 2005

SectorConsumer and LeisureEducation and Training

Business Outdoor Education

Growth StrategyRoll-Out

Why we invested

Kingswood operates in an attractive market, driven by government initiatives to promote outdoor education, and the growing trend for teachers to outsource the organisation of school trips to professional operators. This was an opportunity to back an experienced management team to accelerate the growth of their business, by investing in the expansion of its existing centres, and by acquiring and developing new sites in complementary locations.

Increase in beds

710

The result

During the three years of our ownership, Kingswood successfully acquired, developed and opened four new sites across the UK, resulting in a 40% increase in capacity. In 2007, Kingswood merged with The School Travel Group, another Bowmark portfolio company, to form a business with a major presence in each segment of the educational travel market – activity and adventure, ski and educational tours.

In 2008, the merged group was sold to DLJ Merchant Banking Partners for £100 million.

We could not have undertaken the growth strategy without Bowmark’s experience and support. Paul Gilbert,Chief Executive

Read more about our Consumer and Leisure strategy

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