Meridia Capital Partners launches WeCamp joint venture
Spanish alternative investment fund manager Meridia Capital Partners has created a joint venture called WeCamp, a platform offering camping accommodation in Spain and Portugal.
Meridia has a 25 per cent stake in WeCamp, while the company’s CEO Albert Montesinos, along with four other shareholders, will have a 75 per cent stake.
WeCamp will offer what it describes as “eco-friendly ‘glamping’ facilities” with avant-garde design and a special emphasis on nature. It is aiming to have up to 10 sites operating in the next two years.
Meridia has made the investment via its Meridia IV fund, which was launched last November with a target size of €250 million.
Meridia, which has €1 billion of assets under management, was founded in 2006 by its chairman Javier Faus (pictured).
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