BikePark Wales

Adam Street Advisers is pleased to announce that it has advised the management of Beic Parcio Cymru Limited, trading as BikePark Wales, on the sale to a group of private investors.

BikePark Wales is the world’s largest, year-round, mountain bike only resort, designed by riders for riders. The south-wales company is the market leader in the UK mountain bike destination sector and has become one of the most successful venues worldwide.

Andrew Barnsley, Managing Partner at Adam Street Advisers, said of the deal:
“When we met Martin and Rowan, it was clear that they had built a very successful business. Together we identified that with additional capital and support from investors, they could create significantly more value. We ran a very competitive process and received offers from a number of UK private equity investors. We advised on the terms of each offer and helped the shareholders reach their final decision.”

Martin Astley, co-founder of BikePark Wales, said:
“ASA’s expertise, advice and insights were critical in reaching a successful outcome for all shareholders. We thoroughly enjoyed working with the ASA team.”