M&A Deal Summary |
|
|---|---|
| Date | 2015-03-09 |
| Target | The Royal Palm |
| Sector | Leisure |
| Buyer(s) | Chesapeake Lodging Trust |
| Sellers(s) | KSL Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 278M USD |
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| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Real Estate |
| Employees | 13 |
| Revenue | 597M USD (2018) |
Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations in the United States. Chesapeake Lodging Trust was founded in 2009 and is based in Annapolis, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Leisure M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: Florida M&A | 2 of 2 |
| Country: United States M&A | 6 of 6 |
| Year: 2015 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-09 |
Royal Palm South Beach Miami
Miami Beach, Florida, United States Royal Palm South Beach Miami is an oceanfront oasis ideally located on Collins Avenue steps from Ocean Drive. Royal Palm South Beach Miami offers hotel guests superb resort amenities, including two pools, direct beach access, and an assortment of restaurants. Royal Palm South Beach Miami was founded in 1939 and is based in Miami Beach, Florida. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 23.0B USD |
| Size | Mega |
| Type | Sector Focused |
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 | 13 of 29 |
| Sector: Leisure M&A | 13 of 28 |
| Type: Add-on Acquisition M&A Deals | 10 of 20 |
| State: Florida M&A | 2 of 3 |
| Country: United States M&A | 11 of 24 |
| Year: 2015 M&A | 2 of 4 |
| Size (of disclosed) | 4 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-09 |
Royal Palm South Beach Miami
Miami Beach, Florida, United States Royal Palm South Beach Miami is an oceanfront oasis ideally located on Collins Avenue steps from Ocean Drive. Royal Palm South Beach Miami offers hotel guests superb resort amenities, including two pools, direct beach access, and an assortment of restaurants. Royal Palm South Beach Miami was founded in 1939 and is based in Miami Beach, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-17 |
St. Regis Aspen Resort
Aspen, Colorado, United States St. Regis Aspen Resort is a luxury resort consisting of 179 guestrooms. Amenities include the award-winning 12,000-square foot Remed Spa, four food & beverage outlets, 20,000 SF of meeting space, an outdoor pool, and a ski concierge. St. Regis Aspen Resort was founded in 1992 and is based in Aspen, Colorado. |
Buy | - |
