CVC Credit Partners ("CVC Credit") announced today that CVC Credit’s European Private Debt Business has provided a term debt facility to Equistone Partners Europe Limited ("Equistone") to support their investment in Willerby.

Founded in 1946 and based in Hull, Willerby is the UK's leading manufacturer of single-width static caravans and twin lodges. The company is the clear leader in both the UK single-width holiday home market and the rapidly-growing twin lodges segment. Willerby offers 23 different product ranges, in over 70 different variations, to its key customers of holiday park operators and caravan dealers, with whom it has longstanding, entrenched and direct relationships.

Neale Broadhead, Managing Director & Portfolio Manager in CVC Credit Partners' direct lending business, said: "Willerby is the clear leader in the UK holiday home market with an exceptionally strong brand, broad and vibrant product range and enjoys scale advantage over its competitors. It has a very experienced and talented management team plus a skilled and dedicated workforce that consistently manufactures and delivers superior product.

"We are very pleased to be working alongside Equistone to support Willerby. Our financing will provide the Company with patient capital to support its continued impressive growth and product developments."