In 2002, Sun Capital bought the four UK CenterParcs for £465 million after a fire destroyed the main complex at the Elveden site. The Parcs were leased to the operator of CenterParcs with an innovative capex facility which enabled an investment programme for rebuilding the Elveden site and construction of new villas and facilities at all four of CenterParcs’ sites.

CenterParcs was acquired by Blackstone in 2006.