Ergon Capital Partners Acquires French Looping Group

Yesterday, the mid-market investment company Ergon Capital Partners, based in Brussels, announced that it has reached an agreement with private equity fund H.I.G. Capital for the acquisition of Looping Group. The transaction is expected to close in March this year. France’s Looping Group was founded in 2011, following the acquisition of seven amusement parks from Compagnie des Alpes Group (cf. EAP News from February 16, 2011). Today, the French operator group’s portfolio includes eleven parks located in several European countries.

“We are delighted to work alongside Ergon to further implement our pan-European growth strategy and are convinced that the strong buy-and-build culture of Ergon will allow us to accelerate our development. We thank H.I.G. for their help and support over the past years,” Looping Group’s CEO Laurent Bruloy comments. And Wolfgang de Limburg, Managing Partner of Ergon, adds: “We are pleased to have the opportunity to partner with Laurent and his team in this new phase of development for Looping. Looping is Ergon’s second investment in France and we are determined to provide its management team with the necessary support to accelerate its growth and its expansion plan in Europe.” (eap)