Jump Xtreme, one of the UK’s leading trampoline park operators, have secured a significant seven figure equity investment from leading North West based Investment Managers, Seneca Partners.
The investment will enable Jump Xtreme to accelerate its schedule of new park openings across the UK, and ensure it maintains a strong leadership position within this high growth leisure sector.
Cliff Nicholls, MD of Jump Xtreme commented, “We are absolutely delighted that we have been able to secure this investment from Seneca Partners, who are perfectly aligned with our strategy that involves a plan for rapid expansion in carefully chosen locations across the UK. The initial investment secured, together with ongoing access to debt finance, will enable us to accelerate our expansion pace and provides increased flexibility in being able to consider both freehold and leasehold site opportunities as they become identified.”
Tim Murphy of Seneca Partners added, “We have been looking for some time for the right opportunity to get involved in the burgeoning trampoline park sector, a key growth segment within the buoyant leisure market. We view it as offering excellent potential for significant growth and investment returns for our investors, and in Jump Xtreme believe we have aligned ourselves with a leading, professional operator who will be one of the key shapers of this market sector moving forward.”
See the press release in full here – Jump Xtreme – June 2016