Simpson Thacher is representing Apple Leisure Group in connection with its announced agreement to combine with The Mark Travel Corporation. Financial terms of the transaction, which is subject to regulatory approvals and customary closing conditions, were not disclosed.
Apple Leisure Group is a leading seller of all-inclusive vacation packages, with capabilities and expertise to deliver exceptional value to travelers, as well as distribution reach and resort management expertise for hotel owners. Mark Travel is a recognized leader of owned and managed vacation brands, including Funjet Vacations. Trisept Solutions, a sister company of Mark Travel widely recognized as providing industry-leading leisure travel technology, will also be part of the combined company.
The Simpson Thacher team includes Marni Lerner, Michael Reeves and Nina Bakhtina (M&A); Christine Marshall (Credit); Tristan Brown and Alexander Ellebracht (Executive Compensation and Employee Benefits); Sophie Staples (Tax); Peter Guryan, Ellen Frye, Kelly Karapetyan, Kenneth Ehrhard and Karen Horvitz Hunt (Antitrust); Marcela Robledo and Marissa Lambert (Intellectual Property); and Michael Isby and Louise Kruger (Environmental).