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October 10, 2019
Ergon Capital to sell Looping Group to its management team alongside Mubadala Capital

Ergon Capital (“Ergon”), the pan-European mid-market private equity investment company, and Bpifrance, the French national investment bank, announce today that they contemplate to sell Looping Group (“Looping” or the “Group”) to its management team alongside Mubadala Capital (“Mubadala”), the financial investment arm of Mubadala Investment Company, one of the world’s leading sovereign wealth funds. Laurent Bruloy (Founding CEO) and Stéphane Da Cunha (General Manager) would jointly control the Group alongside Mubadala and the rest of the management team.

Created in 2011, Looping is a leading operator of regional amusement parks in Europe. The Group consists today of 15 parks located in France, the UK, Germany, Switzerland, the Netherlands, Spain and Portugal, and counts around 4.6 million visitors per annum for a turnover in excess of

€110 million.

Wolfgang de Limburg, Managing Partner of Ergon, comments on the transaction: “We are very pleased with our successful partnership with Looping’s management team. Over the life of this investment, Ergon supported the Group’s significant expansion in new geographies through acquisitions of flagship parks and significant investments in infrastructures and a new accommodation activity, while keeping a constant focus on operational excellence and safety. We trust that Looping and its outstanding management team will succeed in further creating value in the future and are convinced that Mubadala will be an excellent partner for the Group’s next phase of growth”.

Laurent Bruloy, Founding CEO of Looping, adds: “We would be delighted to welcome Mubadala to further implement our pan-European growth strategy and are convinced that their support will allow us to further accelerate our development. This operation would provide us the opportunity to further reinforce our position in the Group’s shareholding and to jointly control Looping alongside our new partner. We thank Ergon Capital for their help and support over the past years”.

Stéphane Da Cunha, General Manager of Looping, complements: “Mubadala would be the perfect partner, sharing our long term vision and ambitions, to develop our Group through our three strategic pillars: strengthen the attractiveness of our sites, leverage our concept of immersive and exclusive accommodations at a larger scale in our wildlife parks and accelerate our buy- and-build strategy, being the natural consolidator of the European regional leisure parks market”.

Adib Mattar, Head of Private Equity at Mubadala Capital, adds: “Mubadala Capital is pleased to announce its prospective acquisition of a significant stake in Looping Group, alongside Laurent Bruloy and Stéphane Da Cunha. This investment is in line with our strategy of partnering with strong, founder-led businesses with high growth potential”.

The relevant employee representatives of Looping will be informed and consulted in respect of the contemplated transaction, the completion of which would be subject to antitrust approval in Germany.

For more information, please contact:

Looping Group Els Neirynck, CFO

Tel: +33 1 86 95 48 02 / Email: els.neirynck@looping-group.com

Ergon Capital

John Mansvelt, CFO

Tel: +32 2 213 60 90 / Email: jm@ergoncapital.com


Nathalie Police, Head of Media Relations

Tel: +33 1 41 79 95 26 / Email: nathalie.police@bpifrance.com

Mubadala Capital

Nadine Saleh Ibrahim Hassan, Head of Communications – Alternative Investments & Infrastructure Tel: +971 2 413 0042 / Email: nhassan@mubadala.ae

About Looping

Created in 2011, Looping is a leading operator of regional amusement parks in Europe. The Group consists today of 15 parks located in France, the UK, Germany, Switzerland, the Netherlands, Spain and Portugal, and counts around 4.6 million visitors per annum for a turnover in excess of

€110 million.

For more information on Looping, visit looping-group.com.

About Ergon Capital

Ergon is a mid-market private equity investment company with in excess of €1.0 billion of assets under management from select European institutional investors and family offices, including Groupe Bruxelles Lambert, through its fully owned subsidiary Sienna Capital, as cornerstone investor. Ergon is a disciplined and discreet value investor, which provides “patient and friendly capital” to entrepreneurs and managers, who need capital and industrial solutions to accelerate the development of their companies. Ergon makes equity investments from €25 million up to €75 million in leading companies with a sustainable competitive position in attractive niche markets located in the Benelux, France, Germany, Italy and Iberia. Ergon is advised by Ergon Capital Advisors which has offices in Brussels, Paris, Munich, Milan and Madrid. Since its inception in 2005, over successive investment programs, Ergon has raised approximately €1.6 billion, invested in 23 companies (of which 7 in the Benelux, 3 in France, 3 in Germany, 8 in Italy and 2 in Spain) and completed 46 add-on acquisitions for a total aggregate transaction value in excess of €4.0 billion. Ergon’s current portfolio consists of 12 companies across its target sectors.

For more information on Ergon, visit ergoncapital.com.

About Bpifrance

Bpifrance is the French national investment bank: it finances businesses – at every stage of their development – through loans, guarantees, equity investments and export insurances. Bpifrance also provides extrafinancial services (training, consultancy) to help entrepreneurs meet their challenges (innovation, export, etc.).

For more information, please visit: www.bpifrance.fr and presse.bpifrance.fr – Follow us on Twitter: @Bpifrance – @BpifrancePresse.

About Mubadala Capital

Mubadala Capital was established in 2011 as the financial investment arm of Mubadala Investment Company PJSC, operating six integrated businesses that include private equity, public equity, venture capital and credit, in addition to a Brazil-focused investment business and certain sovereign investment partnerships. The various businesses invest globally across the capital structure in both public and private securities, whether directly or through third-party managed funds. In addition to managing its own balance sheet investments, Mubadala Capital manages third-party capital on behalf of institutional investors in four of its businesses, including three private equity funds, two early stage venture funds, a public fund and a number of managed co- investment vehicles in Brazil. Mubadala Capital is based in the Abu Dhabi Global Market.

For more information on Mubadala, visit mubadala.com.

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