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