The Firm represented ClubCorp Holdings, Inc. (“ClubCorp”), a portfolio company of KSL Capital Partners, LLC, and a selling stockholder affiliated with KSL Capital Partners, LLC (the “Selling Stockholder”), in connection with a secondary offering of common stock. The Selling Stockholder sold 13,800,000 shares of common stock in the offering, including shares that were sold pursuant to the exercise of the underwriters’ option, and received all of the proceeds from the offering. The shares of ClubCorp are listed on the New York Stock Exchange under the ticker symbol “MYCC.”
ClubCorp is a membership-based leisure business and a leading owner-operator of private golf and country clubs and business, sports and alumni clubs in North America.
Jefferies LLC, Goldman, Sachs & Co., BofA Merrill Lynch, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Wells Fargo Securities acted as joint bookrunners in the offering. J.P. Morgan, Stifel, CRT Capital Group LLC and Nomura Securities International, Inc. acted as co-managers in the offering.
The Simpson Thacher team included Bill Brentani, Ryan Coombs, Karen Reyes and Duncan Taylor (Capital Markets);and Noah Metz (Tax).