M&A Deal Summary

KSL Capital Partners Acquires Palisades Tahoe

On January 1, 2010, private equity firm KSL Capital Partners acquired leisure company Palisades Tahoe

Acquisition Highlights
  • This is KSL Capital Partners’ 6th transaction in the Leisure sector.
  • This is KSL Capital Partners’ 4th transaction in the United States.
  • This is KSL Capital Partners’ 3rd transaction in California.

M&A Deal Summary
Date 2010-01-01
Target Palisades Tahoe
Sector Leisure
Buyer(s) KSL Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Palisades Tahoe

Olympic Valley, California, United States
Palisades Tahoe is a mountain resort located near Lake Tahoe in Northern California, offering 4,000 acres and 2,850 vertical feet of skiing and riding spanning six peaks of the Sierra Nevada Mountains. It boasts incomparable outdoor recreational amenities that attract both local residents and visitors from around the globe. Palisades Tahoe was founded in 1949 and based in Olympic Valley, California.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

KSL Capital Partners

Denver, Colorado, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 18.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

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 6 of 49
Sector (Leisure) 6 of 42
Type (Buyout (LBO, MBO, MBI)) 5 of 20
State (California) 3 of 8
Country (United States) 4 of 36
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-20 Orion Expedition Cruises Pty.

North Sydney N.S.W, Australia

Orion Expedition Cruises is the premier luxury expedition cruise line serving pristine destinations in Australia, New Zealand, the South Pacific and Antarctica.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-17 La Costa Resort and

Carlsbad, California, United States

La Costa Resort and Spa boasts the 43,000 square-foot Spa at La Costa, 474 spacious and well-appointed guestrooms and suites, 136 deluxe one, two and three-bedroom villas, a Clubhouse with a fitness center, two acclaimed restaurants - Legends and BlueFire Grill, two championship golf courses, a world class tennis facility, over 50,000 square feet of indoor meeting space and over 50,000 square feet of outdoor function space. La Costa Resort and Spa was founded in 1926 and is based in Carlsbad, California.

Buy -
Mergr

Product

Company

Legal