The Firm is representing KKR and KSL in connection with their announced agreement to acquire Apple Leisure Group. The transaction is expected to close during the first quarter of 2017, and is subject to regulatory approvals and customary closing conditions.
Apple Leisure Group is North America’s top seller of all-inclusive vacation packages, with a vertically integrated business model that leverages its capabilities and expertise to deliver exceptional value to travelers, and distribution reach and resort management expertise for hotel owners.
The Simpson Thacher team includes Marni Lerner, Chad Skinner, Michael Reeves, Isaac Gruber, Gabriela Botifoll, Ayal Bainvoll, Brandon Whittaker and Brandon Barton (M&A); Jason Vollbracht and Tanvi Mirani (Tax); Tristan Brown, Erin Murphy and Joo Hyun Lee (Executive Compensation and Employee Benefits); Krista Miniutti and Rachel Stein (Real Estate); James Cross and Christine Marshall (Credit); Marcela Robledo and Gabriel Weiner (Intellectual Property); Michael Isby and Louise Kruger (Environmental); and Michael Naughton and Ellen Frye (Antitrust).