M&A Deal Summary

Diamond Resorts Acquires Intrawest Resort Club Group

On November 25, 2015, Diamond Resorts acquired leisure company Intrawest Resort Club Group from Intrawest for 85M USD

Acquisition Highlights
  • This is Diamond Resorts’ 2nd transaction in the Leisure sector.
  • This is Diamond Resorts’ largest (disclosed) transaction.
  • This is Diamond Resorts’ 1st transaction in Canada.
  • This is Diamond Resorts’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2015-11-25
Target Intrawest Resort Club Group
Sector Leisure
Buyer(s) Diamond Resorts
Sellers(s) Intrawest
Deal Type Divestiture
Deal Value 85M USD

Target

Intrawest Resort Club Group

Vancouver, British Columbia, Canada
Intrawest Resort Club Group is a vacation club business services.

Search 196,117 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Diamond Resorts

Las Vegas, Nevada, United States

website


Category Company
Founded 1996
Sector Leisure
Revenue 874M USD (2015)
DESCRIPTION

Diamond Resorts is a provider of hospitality and management services. The company operates in two segments, Hospitality and Management Services, and Vacation Interest Sales and Financing. Diamond Resorts with its network of more than 420 vacation destinations located in 35 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia, and Africa, provides guests with choice and flexibility to let them create their dream vacation, whether they are traveling an hour away or around the world. Our relaxing vacations have the power to give guests an increased sense of happiness and satisfaction in their lives, while feeling healthier and more fulfilled in their relationships, by enjoying memorable and meaningful experiences that let them Stay Vacationed. Diamond Resorts was founded in 1996 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 2 of 2
Sector (Leisure) 2 of 2
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2015) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-19 Gold Key Resorts

Virginia Beach, Virginia, United States

Gold Key Resorts LLC manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations for Life at over 330 managed and affiliated properties and cruise itineraries.

Buy -

Seller(S) 1

SELLER

Intrawest

Denver, Colorado, United States

website


Category Company
Founded 1976
Sector Leisure
Employees2,900
Revenue 587M USD (2015)
DESCRIPTION
Entrance to Intrawest's corporate headquarters in downtown Dever, Colorado.
Entrance to Intrawest's corporate headquarters in downtown Dever, Colorado.

Intrawest is a North American mountain resort and adventure company that delivers vacation and travel experiences. Intrawest owns interests in seven four-season mountain resorts geographically diversified across North America’s major ski regions with more than 11,000 skiable acres and over 1,140 acres of land available for real estate development. Intrawest also operates an adventure travel business, a heli-skiing adventure company in North America that provides helicopter accessed skiing, mountaineering, and hiking. Intrawest was founded in 1976 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1