KPC completes new investment in

RCN

KPC completes new investment in

RCN

KPC has co-invested with funds managed by Blackstone to acquire RCN Vakantieparken ('RCN'), an operator of 18 holiday parks across the Netherlands, France and Germany.

RCN's parks are situated in scenic locations, ranging from forest retreats to lake and beachside destinations, and attract a broad customer base, from families with young children to retirees seeking proximity to nature and comfort. Its accommodation offering includes villas, mobile homes, glamping tents and camping pitches, complemented by on-site hospitality, recreational facilities and entertainment programmes.

KPC will work closely with RCN's management to support the business’s continued growth and transformation, both through investment in the existing estate, and the expansion of RCN's portfolio through selective acquisitions.

RCN is the second investment in KPC’s latest Fund III.