The Pleasurewood Hills amusement park near Lowestoft in Suffolk has been sold for an undisclosed sum by owners Compagnie des Alpes (CDA).

The site is one of seven sold on the same day by CDA to private equity fund H.I.G. Capital France (HIG), the others being Bagatelle Park, the Grand Aquarium Saint Malo, the Parc des Mini Châteaux and the Aquarium du Val de Loire, all in France; the Aquapark Le Bouveret in Switzerland; and the Avonturenpark Hellendoorn in the Netherlands. The deal established a market value for the group of €29m (£24.8m) and HIG will now proceed with a five-year, €20m (£17m) expansion programme across all the sites.

Between them, the parks saw nearly 1.6m visitors in FY 2009/2010, earning €28.3m (£24.2m) in sales and €4.9m (£4.2m) in EBITDA over the same period. Created in 1993, HIG specialises in small and mid-sized companies in both Europe and the United States, with over €7bn (£6bn) under management.