Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

The Wave Group

The Wave Group

Vintage: May 2022

Sector: Consumer Goods & Services

Location: Bristol

Type: Development Capital

Souter Role: Co-investor

Souter Director: No

Status: Current

The Wave Group is a UK based, leading inland surf park operator and a first mover in this highly attractive leisure vertical.

The business opened its first 70 acre site in Bristol in 2019 which alongside providing an unmatched surfing experience for all abilities offers a breath of premium amenities to enhance customer experience.

Souter Investments was part of a Sullivan Street led syndicate that invested in The Wave Group in Mat 2022. Over the next 5 years the Business aims to open several new sites across the UK and potentially overseas, leveraging its partnership with surf technology provider WaveGarden.