The French infrastructure investor Antin is muscling in on the booming curiosity in marina property because it nears a deal to purchase the British firm Aquavista.
Aquavista has been owned by LDC, the non-public fairness arm of Lloyds Banking Group, since 2018.
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The corporate operates greater than 5,000 marina berths throughout its portfolio, making it one of many largest such corporations in Britain.
Sources stated the sale, if accomplished, would worth the corporate at effectively over £150m.
The unique talks have emerged simply days after Boatfolk, a competitor, was bought to Premier Marinas, which is backed by the Wellcome Belief.
Aquavista has bulked up lately by means of a collection of acquisitions, together with the acquisition of Citadel Marinas, which owned the house of the Crick Boat Present in addition to the Birdham Pool Marina at Chichester Harbour.
The newest offers within the UK marinas sector come amid a flurry of company exercise involving US-based friends.
Earlier this 12 months, Blackstone, the non-public fairness large, paid $5.6bn to purchase Secure Harbor Marinas, America’s greatest marina group.
LDC has been contacted for remark, whereas Antin declined to remark.
