This former investment banker now runs a $2b caravan park business
Grant Wilckens spent his early career raising capital for clients. Now he’s the CEO of the holiday parks company he founded, G’Day Group.
Grant Wilckens presides over G’Day Group, a holiday parks company that owns $2 billion of property and is the largest provider of regional accommodation in the country. RoyVPhotography
In 2008, Grant Wilckens owned a four-year-old caravan park business, supported by $15 million of equity and $40 million of debt.
It was the wrong time to be heavily geared. The global financial crisis hit that year and investment bank Lehman Brothers collapsed, leaving his company, now known as G’Day Group, struggling to stay afloat.
Sally PattenBOSS editorSally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
