Park Resorts’ holiday parks are dotted along the British coastline, from the Isle of Wight to Ayrshire. The resorts have more than 19,000 pitches, as well as static caravan holiday homes. GI Partners purchased the company in a £440m tertiary buyout from ABN Amro in 2007. In September, a tribunal accepted three former directors’ claims of unfair dismissal, but rejected their allegation that GI had lied to Park Resorts’ lenders. Sales reached £162.1m in 2008. The company recently agreed a financial restructuring with its lenders.
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