M&A Deal Summary

BHC Acquires Charleston Place

On October 1, 2021, BHC acquired leisure company Charleston Place from KSL Capital Partners

Acquisition Highlights
  • This is BHC’s 1st transaction in the Leisure sector.
  • This is BHC’s 1st transaction in the United States.
  • This is BHC’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2021-10-01
Target Charleston Place
Sector Leisure
Buyer(s) BHC
Sellers(s) KSL Capital Partners
Deal Type Add-on Acquisition

Target

Charleston Place

Charleston, South Carolina, United States
Charleston Place Hotel is with 433-key luxury hotel includes over 40,000 square feet of meeting space, six food and beverage outlets, in additional to a spa, fitness center and indoor pool. The first floor of the hotel is home to the Shops at Belmond Charleston Place, a premier shopping destination in Charleston with tenants such as Gucci and Louis Vuitton. Charleston Place was founded in 1986 and is based in Charleston, South Carolina.

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Buyer(S) 1

Buyer

BHC

Charleston, South Carolina, United States

Category Company
Founded 2021
Sector Restaurants
DESCRIPTION

BHC is a company that seeks out world class hotel, restaurant and entertainment investment opportunities throughout the Southeast. BHC was founded in 2021 and is based in Charleston, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

KSL Capital Partners

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 23.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

KSL Capital Partners 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 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 25 of 29
Sector: Leisure M&A 25 of 28
Type: Add-on Acquisition M&A Deals 19 of 20
State: South Carolina M&A 1 of 1
Country: United States M&A 22 of 24
Year: 2021 M&A 5 of 6
PREVIOUS DEAL
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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-06 Four Points

Sydney, Australia

Four Points is a hotel that features 297 guest rooms, including 45 suites. Amenities include a bar, restaurant, fitness center, 50 dedicated car parking spaces and over 500 sqm of conference and meeting space. Four Points was opened in 2018 and is based in Sydney, Australia.

Buy -