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Syke Holiday Cottages acquires LDC’s Pure Cottages Group

Sykes Holiday Cottages, a UK-based independent holiday home provider, has agreed a deal to acquire Pure Cottages Group from private equity investor LDC for an undisclosed sum. The Pure Cottages Group is a collection of five luxury holiday rental agencies, created following LDC’s investment in Lakelovers in December 2017 and its support of the business’ acquisitive growth strategy. Sykes Holiday Cottages was advised by Springboard Corporate Finance and Hill Dickinson. LDC and shareholders of Pure Cottages Group were advised by KPMG (Corporate Finance and Transaction Services) and DLA.