M&A Deal Summary

KSL Capital Partners Acquires Marram

On May 22, 2022, private equity firm KSL Capital Partners acquired leisure company Marram for 79M USD

Acquisition Highlights
  • This is KSL Capital Partners’ 48th transaction in the Leisure sector.
  • This is KSL Capital Partners’ 8th largest (disclosed) transaction.
  • This is KSL Capital Partners’ 41st transaction in the United States.
  • This is KSL Capital Partners’ 3rd transaction in New York.

M&A Deal Summary

Date 2022-05-22
Target Marram
Sector Leisure
Buyer(s) KSL Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 79M USD

Target

Marram

Montauk, New York, United States
Marram a truly unique oceanfront experience located in the heart of Montauk in the Hamptons, Marram is a ninety-six room boutique resort hotel, offering barefoot luxury and essential experiences that invite you to focus on life’s simple pleasures. Marram was founded in 2019 and is based in Montauk, New York.

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Buyer(S) 1

Buyer

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 54 of 55
Sector: Leisure M&A 48 of 49
Type: Buyout (LBO, MBO, MBI) M&A Deals 26 of 27
State: New York M&A 3 of 3
Country: United States M&A 41 of 42
Year: 2022 M&A 3 of 4
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 The Pig Hotels

Hampshire, United Kingdom

Pig Hotels is an operator of a rural boutique hotel with acclaimed restaurants built. The Pig is a personal collection of small boutique hotels where the focus is on authenticity and informality of design, food, and service. Each Pig hotel has approximately 30 bedrooms housed in a historic building complete with a garden-inspired restaurant, a kitchen garden, and land for animals, serving food that is either grown on the property or locally sourced. Pig Hotels was founded in 2011 and is based in Hampshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Sheraton Kauai Coconut Beach Resort

Kapaa, Hawaii, United States

Sheraton Kauai Coconut Beach Resort is a 314-room Hawaiian oceanfront resort overlooking Waipouli Beach on the island of Kauai. Ideally situated to take advantage of the wonders of Kauai, the Property is located seven miles from the international airport in Lihue and approximately half-way between the resort communities of Poipu in the south and Princeville in the north. Sheraton Kauai Coconut Beach Resort was founded in 1978 and is based in Kapaa, Hawaii .

Buy -