LDC has exited its investment in Zip World, a prominent UK adventure park operator, in a deal valuing the company at over £100 million. This transaction marks a significant milestone for Zip World as it secures a majority investment from Dolphin Capital, which will support the company's ambitious growth plans for 2025 and beyond. Dolphin Capital's investment comes alongside Zip World founder Sean Taylor.

During LDC's six-year partnership with Zip World, the company saw a remarkable 95% increase in turnover and a 200% growth in headcount. LDC initially invested in December 2018 to help Zip World expand its operations. Since then, the company has grown from three sites in North Wales to eight locations across Wales and England, introducing new attractions and diversifying into accommodation options like hotels and luxury lodges.

Zip World is known for its thrilling offerings, including the world’s fastest zip line, Velocity, and various other adventure activities. The company has also made significant investments in its workforce, systems, and amenities, enhancing the overall visitor experience. An independent report from North Wales Tourism highlighted that Zip World has contributed £941 million to the Welsh economy over the past decade. Additionally, it achieved B Corp Certification, joining a select group of adventure tourism companies recognized for their social and environmental performance.

Andrew Hudson, CEO of Zip World, expressed pride in the company's achievements, especially in light of challenges faced during the pandemic. He thanked LDC for their support, which helped the company remain resilient and reach its goals.

The transaction was managed by LDC partners Dewi Hughes, Rob Schofield, and Vera Kuehne. Hughes praised Zip World as a dynamic business that has thrived under the leadership of its management team, navigating both opportunities and challenges effectively.

Dolphin Capital's investment is part of a broader strategy to enhance Zip World's offerings. The company is set to open its newest site, Zip World London, at the Queen Elizabeth Olympic Park in February 2025, with plans for another location in Elterwater, Cumbria, later that year. Zip World is also awaiting planning approval for a new attraction at Penrhyn Quarry, which aims to be the largest of its kind globally.

Further developments include new restaurant facilities at Zip World Llechwedd and plans for additional adventures at the Heaton Park site in Manchester. Zip World is actively seeking new locations and partnerships across the UK to expand its unique adventure offerings.

Hudson expressed excitement about partnering with Dolphin Capital, noting that their shared enthusiasm and resources will help propel Zip World's growth plans. He emphasized the importance of investment in both new sites and enhancing existing locations, reaffirming that North Wales remains central to the company's identity and future endeavors.

Dolphin Capital, with its expertise in the hospitality and leisure sector, will support Zip World’s management team in executing its growth strategy and financing further acquisitions. Richard Cook, a partner at Dolphin Capital, expressed confidence in Zip World’s operational capabilities and expansion plans, highlighting the positive impact of their investment.