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PRINT THIS PAGE ABN AMRO Capital acquires holiday parks operator Roompot from Bencis Capital Partners11/07/2005. Source: AltAssets. 
 ABN AMRO Capital has acquired holiday parks operator Roompot in a secondary buy-out from Dutch private equity firm Bencis Capital Partners.
Financial terms of the transaction have not been disclosed but ABN AMRO described the deal as a 'typical mid-market transaction'. Bencis Capital Partners bought Roompot in March 2003. Following the transaction management will remain an important shareholder in the company.
Roompot owns 24 mainly seaside holiday parks and employs 750 staff. The company is expected to have a turnover of €125m in 2005, according to a statement issued by ABN AMRO Capital, Bencis Capital Partners and Roompot.
Marc Staal, managing director of ABN AMRO Capital in the Netherlands, said, 'Roompot is excellently positioned to further accelerate growth, given its scalable business model and track record as a leading consolidator in the Dutch holiday parks market.'
Jeroen Pit, managing partner at Bencis Capital Partners, added, 'The Roompot investment clearly demonstrates the Bencis approach to substantial value
creation. Together with management we have grown Roompot into the clear consolidator in the Dutch holiday parks market.'
ABN AMRO Capital, the global private equity business of ABN AMRO, has €2bn of total funds under management, of which €140m of capital is provided by international investors in ABN AMRO Capital managed funds in the UK and France. The firm is currently raising a new fund in Australia.
Bencis Capital Partners focuses on medium-sized companies in the Benelux region. The firm does not assume a managerial role but rather operates as an active shareholder through non-executive board positions. Bencis was established by its partners in 2004 after the spin-out of the NeSBIC Buyout team from NeSBIC Group. Bencis has total funds under management of €420m.
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