Rutland Partners, the UK mid-market special situations investor, has backed Omar Group, a manufacturer of park homes and luxury lodges.
With operations in Suffolk and Hull, Omar produces over 1,000 units per year. The business has four brands: Omar Park & Leisure Homes, Wessex Unique Lodges & Park Homes, Omar Park Development Services and Boutique Lodges, Holidays by Omar.
“Our luxury holiday lodges offer an aspirational holiday experience for the UK holiday market and our park homes offer much needed single storey, age-appropriate accommodation for the over 50’s looking to downsize,” said Dean Westmoreland, chief executive officer of Omar.
Omar is the fourth investment from Rutland Fund III, which closed at £263m (€313m) in 2015.