Ergon Capital Completes Acquisition of Looping Group

In January this year, it was announced that the Belgian mid-market investment company Ergon Capital Partners signed an agreement with the US-based private equity firm H.I.G. Capital for the acquisition of the French theme park operator Looping Group (cf. EAP News from January 28, 2016). Recently, the two companies completed the transaction.

Currently, Looping Group operates eleven parks located in France, Spain, Switzerland, the Netherlands and the UK. Looping Group's management team led by Managing Director Laurent Bruloy will remain at the helm of the company. “We thank H.I.G. for their contribution to our company’s growth over the past years. Our partnership, founded on trust and sharing, has been a resounding success and has played a crucial role in the creation and development of our Group. We look forward to working with Ergon to further implement our growth strategy,” Bruloy says. (eap)