The business runs adventure experiences across three scenic locations in the iconic Snowdonia mountain range in North Wales. It offers multiple activities including ziplines, an alpine rollercoaster, treetop adventure courses and subterranean playgrounds equipped with high-rope walks and nets.
Its site in Penrhyn Quarry is home to the world’s fastest zipwire Velocity 2, on which riders can travel at speeds of up to 125mph, and it boasts Europe’s highest giant swing Skyride at its location in Fforest.
Zip World set to fly with LDC backing
In December 2018 Zip World secured a significant minority investment from LDC, supported by the company’s existing banking partner, HSBC. The deal values the business at £45m.
LDC’s investment will support Zip World’s ongoing growth strategy as it looks to add new attractions to its current sites and rollout its adventure experiences across the UK and beyond. The business is aiming to bring its exhilarating adventure experience to more customers with its ambition to double in size over the next three years.
LDC is backing Zip World’s ambitious management team, led by co-founder, Sean Taylor, and Managing Director David Stacey.
Shortly after the investment in February 2019, Zip World announced it was recruiting 100 additional staff and has submitted plans for an adventure park in a former coal mine in the South Wales Valleys, the first site for the business outside of North Wales.
In March 2019 Zip World appointed a new Chairman - Chief Executive of the Development Bank of Wales and Deliveroo founding investor, Giles Thorley. Thorley, 51, brings 25 years experience as management, investor and strategic adviser to the leisure sector to his new role at the fast-growing Welsh adventure tourism business.