Latham & Watkins is advising Awaze, Europe’s leading managed vacation rentals group, on its definitive agreement to sell its Landal GreenParks unit to Roompot.
Landal GreenParks is fully integrated holiday parks owner, operator and exclusive franchisor in continental Europe, with a portfolio that includes approximately 100 holiday parks in Belgium, Denmark, Germany, Great-Britain, Hungary, the Netherlands, Austria, Czech Republic and Switzerland. Roompot's portfolio currently consists of over 200 parks and holiday locations in Central and Southern Europe, namely in Belgium, Germany, France, the Netherlands and Spain.
Awaze is a portfolio company of Platinum Equity, which acquired the business in 2018. Roompot is a portfolio company of KKR.
The Latham team was led by London corporate partner Tom Evans, with associates Maarten Overmars, Antonina Semyachkova, and Zaal Cama. Advice on tax matters was provided by London partner Karl Mah and associate Ed Moberly; on antirust matters by Brussels partner Sven Völcker and associate Sebastian Sohn; and on data & technology matters by London partner Deborah Kirk and associate Victoria Wan.