Natixis Partners advised Antin Infrastructure partners in the exclusive negotiations with family-owned diversified group Caravelle to acquire Belambra, a French leader in leisure infrastructure that owns and operates a diverse portfolio of holiday clubs

Founded in 1959 and owned since 2014 by CARAVELLE, Belambra is a leading French operator of all-inclusive holiday clubs. Its holiday clubs benefit from large infrastructure and common areas, and provide a full-service offering including accommodation, food, childcare, activities and sports. The group owns and operates a portfolio of 44 premium sites and generated revenue of €254m in 2025. Antin’s investment aims at accelerating Belambra’s growth, while increasing asset ownership and pursuing further growth avenues such as new site openings, in line with its track record of scaling companies. This investment would be the ninth by Antin’s €2.2bn Mid Cap Fund I. Antin’s Mid Cap strategy focuses on investments in established infrastructure companies in Europe and North America.