Simpson Thacher represented KSL Capital Partners in connection with its acquisition of a minority investment in Orange Lake Resorts. Financial terms of the transaction were not disclosed.
Orange Lake Resorts, a leader within the vacation ownership industry with more than three decades of proven success, operates Holiday Inn Club. Orange Lake Resorts encompasses 28 resorts and 7,600 villas in the U.S., with more than 350,000 timeshare owners and 5,000+ employees.
The Simpson Thacher Team included Atif Azher, Usman Arain, Mark Myott, Sangitha Palaniappa and Megan Whitman (M&A); Krista Miniutti, Aryeh Goldman and Brendan Galloway (Real Estate); Jennifer Levitt, James Doyle, Janet Nadile, Mimi Cheng, Kate Bai, Richard Eldridge and Alex Joseph (Credit); Jonathan Lindabury (Derivatives); Sarah Katz (Tax); Tristan Brown and Annie Kim (ECEB); Tim Mulvihill (Environmental); and Marcela Robledo (IP).