M&A Deal Summary |
|
|---|---|
| Date | 2021-08-15 |
| Target | Apple Leisure Group |
| Sector | Leisure |
| Buyer(s) | Hyatt |
| Sellers(s) |
KSL Capital Partners
KKR |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.7B USD |
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Hyatt is a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, and other properties. Hyatt House hotels offer apartment-style suites with full kitchens, living areas, and more, including a 24-hour gym, and in-house laundry. Hyatt was founded in 1957 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 9 |
| Sector (Leisure) | 5 of 6 |
| Type (Add-on Acquisition) | 6 of 8 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 7 of 8 |
| Year (2021) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-17 |
Ventana Big Sur
Big Sur, California, United States Ventana Big Sur is a luxury coastal CA resort near Monterey, offers luxury accommodations and unique experiences along the dramatic California coastline's set among 160 sprawling acres of rolling meadows and towering redwoods, the intimate 59-room property is undergoing a multimillion-dollar resort-wide renovation. Ventana Big Sur was founded in 1975 and is based in Big Sur, California. |
Buy | $148M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-02 |
Dream Hotel Group
New York, New York, United States Dream Hotel Group is a hotel brand and management platform acquisition, bringing a vibrant portfolio of lifestyle hotel brands – including Dream Hotels, The Chatwal and Unscripted Hotels. Dream Hotel Group was founded in 1986 and is based in New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 18.0B USD |
| Size | Mega |
| Type | Sector Focused |
KSL Capital Partners LLC is a specialist private equity firm that makes investments in travel and leisure businesses. Areas of interest include hospitality, recreation, clubs, real estate and travel services. KSL is a hands-on investor, with a strong interest in pursuing under-managed or under-capitalized businesses where the firm can unlock hidden value. KSL Capital Partners is the successor investment vehicle to KSL Recreation Corporation, a former portfolio company of KKR. KSL Capital Partners LLC was founded in 2005 and is based at Denver, Colorado with additional offices in New York, New York and London, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 18 |
| Sector (Leisure) | 16 of 18 |
| Type (Add-on Acquisition) | 12 of 13 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 14 of 15 |
| Year (2021) | 2 of 4 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-05 |
Mission Hill Hospitality
Denver, Colorado, United States Mission Hill Hospitality is a balanced portfolio of high quality, select service and extended stay hotels diversified by location, brand, and demand. Mission Hill Hospitality is a company created to invest in the select service and extended stay hotel sector, focuses on value-add and development projects that present significant opportunity given market and economic conditions. drivers. Mission Hill Hospitality was founded in 2019 and is based in Denver, Colarado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-23 |
Margaritaville Hollywood Beach Resort
Hollywood, Florida, United States Margaritaville Hollywood Beach Resort is the flagship property to an internationally recognized brand synonymous with a casual-luxe lifestyle, is located on 6.2 oceanfront acres, along 450 linear feet of direct beach frontage, and is the focal point of the famous Hollywood Beach Broadwalk. Margaritaville Hollywood Beach Resort was founded in 2015 and is based in Hollywood, Florida. |
Sell | $270M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 510.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 155 of 173 |
| Sector (Leisure) | 1 of 2 |
| Type (Add-on Acquisition) | 54 of 61 |
| State (Pennsylvania) | 3 of 3 |
| Country (United States) | 71 of 81 |
| Year (2021) | 11 of 16 |
| Size (of disclosed) | 14 of 38 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-22 |
Sol Systems
Washington, District of Columbia, United States Sol Systems combines renewable energy development, delivery, asset management, and environmental commodity management into one unique infrastructure and impact offering. The company's approach is specifically designed to enable customers to procure renewable energy and invest in sustainable infrastructure while creating dedicated income streams for under-resourced communities and communities disproportionately impacted by climate change. It enables many large institutional, corporate and municipal partners to invest in and procure renewable energy while making a positive community impact. Sol Systems was formed in 2008 and is based in Washington, DC. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-24 |
Arbor Pharmaceuticals
Atlanta, Georgia, United States Arbor Pharmaceuticals is a specialty pharmaceutical company with a diversified portfolio of branded products across multiple therapeutic areas for the cardiovascular, pediatric, and hospital markets as well as generic products through its Wilshire division. Arbor Pharmaceuticals is based in Atlanta, Georgia. |
Sell | - |
