The issue with private equity (PE) at Center Parcs UK (CPUK) is that the debt that was used to buy CPUK is being serviced by the company itself. The PE used deb

The issue with private equity (PE) at Center Parcs UK (CPUK) is that the debt that was used to buy CPUK is being serviced by the company itself. The PE used debt they're not paying to pay for them getting to profit off something. If CPUK was just spun off and IPOed, the money from the sale of shares, and/or loans with shares as collateral, could have been used for the capital investments needed. Instead, there's a private equity firm providing nothing of note, taking profit and saddling the actually productive enterprise with debt for the privilege. For another popular example from the UK, check Manchester United. That's the other big issue with PE, other than the fatal short-termism.