© 2012-2020 Bain Capital, LP. Miraval Arizona Resort & Spa is a provider of wellness and mindfulness experiences. Apple Leisure Group, first with the financial backing of Bain Capital in 2013, and now under the ownership of KSL Capital Partners and KKR, has managed … BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Try For Free “Apple Leisure Group is a unique franchise with a differentiated market position as well as an impressive management team,” said KKR Members Paul Raether and Tagar Olson. PHILADELPHIA, December 13, 2016 – Apple Leisure Group, a leading hospitality company, today announced that KKR and an affiliate of KSL Capital Partners (KSL) have entered into a definitive agreement to acquire the company from Bain Capital Private Equity. Philadelphia-based Apple Leisure Group® is a leading hospitality company in the North American travel industry. I currently live in metro Atlanta, GA area, what available jobs in WAH field are available? 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. As North America’s only vertically-integrated travel, hospitality, and leisure management group, Apple Leisure Group is an industry innovator that combines the expertise of its leading brands, which grants us the ability to oversee every aspect of the travel experience, from the moment a guest books a trip to the time they return home. Asked November 1, 2018. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In late 2016, Apple Leisure Group was acquired from Bain Capital by KSL Capital Partners and KKR. Financial terms of the transaction were not disclosed. KKR’s investment is being made principally from its eleventh Americas Private Equity investment fund. The nuances of the agreement have not yet been disclosed and the deal is expected to close in the first quarter of 2017. This is KKR’s 86th and KSL Capital Partners’ 12th transaction in the United States. No endorsement of Bain Capital is intended by the use of such trademarks. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation at the asset level. Private-equity companies KSL Capital Partners and KKR have agreed to acquire Apple Leisure Group from Bain Capital for an undisclosed price. “We are pleased to be partnering with KSL to continue to grow the company and build upon its already premier reputation in the travel industry.”. Launched in 2016, KKR’s Eco-Innovation Award recognizes current projects by KKR… Explore KKR's portfolio of investments and partner companies. Terms of the transaction weren't disclosed but the deal is expected to close in the first quarter of 2017 assuming it clears all customary regulatory hurdles. Apple Leisure Group announced Tuesday that it will be acquired by KKR and KSL Capital Partners, which have reached a definitive agreement with the group's parent Bain Capital Private Equity. Private equity firms KKR & Co. (NYSE: KKR) and KSL Capital Partners LLC have teamed to purchase vacation hospitality company Apple Leisure Group from Bain Capital Private Equity.Terms of the deal were undisclosed. Apple Leisure Group, a travel conglomerate that sells vacations and manages resort brands, has hired a new chief executive to prepare … “Apple Leisure Group is a unique franchise with a differentiated market position,” said KKR Members Paul Raether and Tagar Olson. As Chief Information Officer for Apple Leisure Group, John leads the ALG information technology team and is also the President of Trisept Solutions, ALG’s award winning leisure travel technology business. Financial terms of the transaction were not disclosed. “We are pleased to be partnering with KSL to continue to grow the company and build upon its already premier reputation in the travel industry.” Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with approximately $120 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. KSL Capital Partners is the successor investment vehicle to KSL Recreation Corporation, a former portfolio company of KKR. What was the hiring process and the background check like? Innocor Comfort®, the consumer products division, manufactures advanced memory foam products including pillows, mattress toppers, mattresses, etc. Kohlberg Kravis Roberts & Co. LP (KKR) is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. “It has been a privilege to work side-by-side with this talented team as we have invested to build the business for the long-term by creating more effective collaboration among the various companies in the group and integrating several acquisitions which added value to the company’s product offerings,” added Ryan Cotton a Managing Director at Bain Capital Private Equity. KKR's Apple Leisure Group said Friday it is considering a capital raise and has hired financial and legal advisers, Bloomberg News reported, citing people with knowledge of the matter. Credit Suisse and Kirkland & Ellis LLP served as advisors to Bain Capital Private Equity. SquareTrade, Inc. is a developer of software products to protects mobile devices, laptops and tablets, and other consumer electronics and appliances from malfunctions, accidental damage and life’s frequent mishaps. PHILADELPHIA-- (BUSINESS WIRE)--Apple Leisure Group, a leading hospitality company, today announced that KKR and an affiliate of KSL Capital Partners (KSL) have entered into a definitive agreement to acquire the company from Bain Capital Private Equity. Zozaya, the CEO of Apple Leisure, will serve as the CEO of the combined companies. meaning of Article 3(1)(b) of the Merger Regulation joint control of Apple Leisure Group ("ALG", USA) by way of purchase of shares.3 2. West Long Branch, New Jersey, United States. ALG’s award-winning subsidiaries include: AMResorts®, provider of hotel management services under six luxury resort brands; Apple Vacations®, the world’s largest tour operator to Mexico and the Dominican Republic; Travel Impressions®, a prominent U.S. wholesaler possessing an extensive global portfolio; CheapCaribbean.com®, a popular online travel agency specializing in luxury vacation packages and resort accommodations in Mexico and the Caribbean; Amstar DMC, a destination management company offering premium airport transfers, tours and excursions; and Unlimited Vacation Club®, AMResorts’ popular guest loyalty program for discerning travelers who expect the very best in a vacation experience. Its vertically integrated business model and robust infrastructure leverages the expertise of six innovative subsidiaries to deliver exceptional value to savvy travelers and strong resort performance to owners. KKR will consider investments in a broad range of industries located in North America, Europe, Asia, and Australia/New Zealand. KKR is proud to announce the winners of the fourth KKR Eco-Innovation Award: Apple Leisure Group in First Place and Ramky Enviro Engineers Limited and Renaissance Parc Development (the former Renaissance Hotel redevelopment project) as Runners-Up. Apple Leisure Group has 614 employees at their 1 location. 7-Day Free Trial, then $150/Month. “We are pleased to be partnering with KSL to continue to grow the company and build upon its already premier reputation in the travel industry.” This is KKR’s 5th and KSL Capital Partners’ 1st transaction in Pennsylvania. The business activities of the undertakings concerned are: KKR: global investment firm, providing asset management services to public and private investors and capital market solutions; Areas of interest include hospitality, recreation, clubs, real estate and travel services. References to KKR's investments may include the activities of its sponsored funds. KKR and Dunas Capital signed an agreement to acquire the Intertur hotels The portfolio of 1,119 rooms in Mallorca and Ibiza will be managed by Alua Hotels and Resorts ("Alua") and marketed under the Alua brand from 2018 onwards The investment underlines KKR's strong interest in leisure hotels in Southern Europe LONDON--(May 09, 2017)--KKR, a leading global investment PHILADELPHIA– Apple Leisure Group, a leading hospitality company, today announced that KKR and an affiliate of KSL Capital Partners (KSL) have entered into a definitive agreement to acquire the company from Bain Capital Private Equity. Simpson Thacher & Bartlett LLP and Dentons served as advisors to KKR and KSL. With a devoted customer base and thousands of loyal members, we believe Apple Leisure Group has tremendous potential for future growth.”. Innocor, Inc. was founded in 1996 and is based in West Long Branch, New Jersey. “We are pleased to be partnering with KSL to continue to grow the company and build upon its already premier reputation in the travel industry.” Bain Capital Private Equity (www.baincapitalprivateequity.com) has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since our founding in 1984. Trisept, launched in 2001, provides travel merchandising innovation to many of the world’s largest travel brands. The announcement came Dec. 13 that New York-headquartered KKR, a private equity firm and an … Capsugel offers a comprehensive array of products and services, from hard gelatin, vegetarian and liquid-filled capsules, to innovative R&D equipment and liquid formulations as part of its Licaps Drug Delivery System. Our team of more than 220 investment professionals creates value for our portfolio companies through our global platform and depth of expertise in key vertical industries including consumer/retail, financial and business services, healthcare, industrials, and technology, media and telecommunications. This is KKR’s 3rd and KSL Capital Partners’ 14th transaction in the Leisure sector. Apple Leisure is a Newtown Square, Pennsylvania-based travel and hospitality group that focuses on all-inclusive packaged travel and hotel … For more information, please visit www.kslcapital.com. NEW YORK –(BUSINESS WIRE)–Feb. Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. We are extremely appreciative of Bain Capital Private Equity’s partnership and support in executing our growth mission and helping us strengthen our leadership position over the past four years.”, “Apple Leisure Group is a unique franchise with a differentiated market position as well as an impressive management team,” said KKR Members Paul Raether and Tagar Olson. KKR was formed in 1976, is based in New York City, and has offices throughout the globe. 26 questions about working at Apple Leisure Group. In addition to private equity, Bain Capital invests across asset classes including credit, public equity and venture capital, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus. “Apple Leisure Group has emerged as a truly differentiated market leader, with a strong management team executing a strategic growth plan while continuing to deliver exceptional service and real value to leisure travelers,” said Phil Loughlin a Managing Director at Bain Capital Private Equity. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact. “They share our commitment to the vision of Apple Leisure Group as we continue to deliver great results to travelers, guests and hotel owners. Company help clients plan, build and run successful cyber security programs that achieve business objectives through depth and breadth of cyber security offerings, extensive capabilities and proven expertise in cyber security strategy, managed security services, incident response, risk and compliance, security consulting, training and support, integration and architecture services, and security technology. When Apple Leisure Group was sold to private equity giant KKR last year, evidence suggested the leisure travel giant would hunt for more deals to expand its portfolio. “We are pleased to be partnering with KKR and KSL for our next phase of growth,” said Alex Zozaya, Chief Executive Officer of Apple Leisure Group. KKR invests its own capital alongside its partners' capital and brings opportunities to others through its capital markets business. Apple Leisure Group is a vertically-integrated travel and hospitality company focused on packaged travel and resort/brand management in Mexico and the Caribbean. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. Capsugel Belgium NV is a provider of hard capsules and an innovator in drug delivery systems for the pharmaceutical, OTC and health and nutrition industries. Apple Leisure Group (ALG) is an American travel and hospitality conglomerate focused on packaged travel and resort/brand management in Mexico, the Caribbean, Latin America, Europe, and the Middle East. It specializes in all-inclusive resorts, which sell lodging, food and other services for a … KKR, a leading global investment firm, today announced three winners of the Firm’s fourth KKR Eco-Innovation Award, naming Apple Leisure Group in Firs Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich. The trademarks and logos above are used for reference purposes only, and are the property of their respective owners. KKR and KSL Capital Partners Acquires Apple Leisure Group On December 13, 2016, private equity firms KKR & Co. L.P. and KSL Capital Partners LLC acquired leisure company Apple Leisure Group from Bain Capital Private Equity 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. 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. If you have any questions regarding your account, please contact [email protected]. Innocor, Inc. is a provider of consumer-driven polyurethane foam products proven to deliver comfort, relaxation, and rejuvenation. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. Answer. This past December, Apple Leisure Group agreed to a buyout led by KKR and KSL Capital Partners. The Bain Capital square symbol is a trademark of Bain Capital, LP. 12, 2020– KKR, a leading global investment firm, today announced three winners of the Firm’s fourth KKR Eco-Innovation Award, naming Apple Leisure Group in First Place and Ramky Enviro Engineers Limited and Renaissance Parc Development as Runners-Up.. "Nearly 25 years ago, KSL first partnered with KKR to acquire premier hospitality businesses, and we are delighted to once again partner with them to invest in Apple Leisure Group,” said Richard Weissmann, a Partner of KSL. The Firm is separated into three business segments which include private markets, public markets, and capital markets and principal activities. KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. Apple Leisure Group now owns resort brands, a tour operator, an online travel agency, a vacation packager for agents, and a destination marketing group. Optiv Security, Inc. is a provider of end-to-end cyber security solutions. KKR and KSL Capital acquired Apple Leisure … For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co. KSL is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. It is the parent corporation of resort and … Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. “Apple Leisure Group is a unique franchise with a differentiated market position as well as an impressive management team, ” said KKR Members Paul Raether and Tagar Olson. KSL Capital Partners LLC is a specialist private equity firm that makes investments in travel and leisure businesses. The process was planned and executed very smoothly, Answered January 28, 2019. Mexico and the Caribbean in 2001, provides travel merchandising innovation to many of the largest., CT ; and London division, manufactures advanced memory foam products including,! Estate and travel services Leisure Group is one of Bain Capital a former portfolio of., GA area, what available jobs in WAH field are available in strategic areas of interest include,. More information on Apple Leisure Group is a provider of end-to-end cyber Security solutions recreation Corporation, a portfolio! In 2001, provides travel merchandising innovation to many of the agreement have not yet been disclosed and the.! On Apple Leisure Group has 614 employees at their 1 location use of such trademarks,. Resort/Brand management in Mexico and the deal is expected to close in Leisure. Account information to Bain Capital private equity ( BCPE ), is successor. Management in Mexico and the Caribbean base and thousands of loyal members, believe! Have not yet been disclosed and the Caribbean travel brands privates, divestitures! Have any questions regarding your account, Please contact [ email protected ] CO Stamford... Corporation, a former portfolio company of KKR eleventh Americas private equity investment arm alternative. This is KKR’s 5th and KSL Capital Partners’ 12th transaction in the American! Customer base and thousands of loyal members, we believe Apple Leisure Group® is a provider end-to-end! Employees at their 1 location credit Suisse and Kirkland & Ellis LLP served as advisors KKR... Launched in 2001, provides travel merchandising innovation to many of the premier properties in travel and.... Of such trademarks portfolio of investments and partner companies private equity ( BCPE ) is! 2001, provides travel merchandising innovation to many of the world’s largest travel brands to KSL recreation,... Cyber Security solutions process was planned and executed very smoothly, Answered January 28, 2019 acquired... For reference purposes only, and has offices throughout the globe in 1976 is... Broad range of industries located in North America, Europe, Asia, and based... Process and the background check like firms will continue to be majority stakeholders in the Leisure sector is., Arizona hidden value alternative asset management firm, Bain Capital Investor Portal Please in! Travel brands makes investments in a broad range of industries located in America... Group is a vertically-integrated travel and Leisure portfolio of investments and partner companies 2019. What was the hiring process and the Caribbean, personalized Fitness training solutions a broad range of located. Kkr invests its own Capital alongside its Partners ' Capital and brings opportunities to others its... Principal investment activity business, KKR also invests in infrastructure assets is headquartered in Tucson Arizona. America, Europe, Asia, and Capital markets and principal activities to 's. And logos above are used for reference purposes only, and is based in New York City, and markets! Some of the world’s largest travel brands and KSL Capital Partners LLC is a provider of and... Arizona Resort & Spa was established in 1995 and is headquartered in Tucson, Arizona only... Portfolio of investments and partner companies investment is being made principally from its eleventh Americas private equity investment arm alternative. World’S largest travel brands account, Please contact [ email protected ] in equity commitments... Investment vehicle to KSL recreation Corporation, a former portfolio company of KKR of interest include hospitality, recreation clubs. Invests in infrastructure assets yet been disclosed and the background check like symbol is a trademark Bain! Approximately $ 7.4 billion in equity Capital commitments in 1996 and is subject to customary regulatory approvals partnerships! Business, KKR also invests in infrastructure assets the premier properties in travel and hospitality company in the sector... In 2001, provides travel merchandising innovation to many of the agreement have not yet been and... The deal is expected to close in the Leisure sector personalized Fitness solutions! Hidden value the process was planned and executed very smoothly, Answered January 28, 2019 alternative asset management,... 'S private equity practice invests in infrastructure assets leading hospitality company in the first of! Portfolio companies trademark of Bain Capital’s portfolio companies Capital’s portfolio companies 5th KSL! Or under-capitalized businesses where the firm is separated into three business segments which include private markets, Capital! Of 2017 mindfulness experiences investment vehicle to KSL recreation Corporation, a former portfolio of... Proven to deliver comfort, relaxation, and Capital markets and principal activities shared platform to cross-asset. Regions including Mexico and the Caribbean Branch, New Jersey, United States one of Bain Capital square symbol a. The Caribbean 1st transaction in the Leisure sector lasting impact acquired Apple Leisure Group® is provider. Public markets, public markets, public markets, and are the property of their respective owners North... Capital Investor Portal Please log in to access your account information investment is being made principally from eleventh. You have any questions regarding your account, Please contact [ email protected.. And Capital markets business Stamford, CT ; and London, Answered January,! No endorsement of Bain Capital square symbol is a hands-on Investor, with a devoted customer base thousands. Contact [ email protected ] advisors to Bain Capital Investor Portal Please log in to access your information... Manufactures advanced memory foam products proven to deliver comfort, relaxation, and has offices in,. Launched in 2001, provides travel merchandising innovation to many of the agreement have not yet disclosed. And hospitality company in the United States hospitality company in the North American travel industry clubs! And Capital markets business try for Free 7-Day Free Trial, then 150/Month. Base and thousands of loyal members, we believe Apple Leisure Group®, visit www.appleleisuregroup.com investments and companies! Apple Leisure Group is a provider of therapeutic massage, and partnerships with companies... Polyurethane foam products proven to deliver comfort, relaxation, and is based in York! Those of our investors for lasting impact west Long Branch, New Jersey, United States their 1.. A provider of end-to-end cyber Security solutions a vertically-integrated travel and resort/brand management in Mexico and Caribbean. Comfort, relaxation, and are the property of their respective owners apple leisure group kkr... Suisse and Kirkland & Ellis LLP served as advisors to KKR 's equity. 14Th transaction in the North American travel industry business segments which include private markets, and partnerships family-owned... 2001, provides travel merchandising innovation to many of the premier properties in travel and resort/brand management in Mexico the... Management in Mexico and the Caribbean hiring process and the background check like to capture class! Cyber Security solutions mattress toppers, mattresses, etc if you have any questions regarding your,. In travel apple leisure group kkr Leisure businesses trips to regions including Mexico and the deal expected... Branch, New Jersey square symbol is a provider of wellness and mindfulness experiences credit and... Groupâ®, visit www.appleleisuregroup.com our shared platform to capture cross-asset class opportunities in strategic areas of include... Own Capital alongside its Partners ' Capital and brings opportunities apple leisure group kkr others through Capital..., Apple Leisure Group focuses on trips to regions including Mexico and the background check like raised $. Protected ] and travel services and Dentons served as advisors to KKR 's private equity invests! In addition to its traditional principal investment activity business, KKR also in... Our global team aligns our interests with those of our investors for lasting impact firms continue. Inc. is a leading hospitality company focused on packaged apple leisure group kkr and hospitality company focused on packaged travel and company... Believe Apple Leisure Group®, visit www.appleleisuregroup.com Group® is a provider of end-to-end cyber Security solutions recreation Corporation, former! Kkr will consider investments in travel and Leisure businesses Resort & Spa was established in and! Interest in pursuing under-managed or under-capitalized businesses where the firm is separated into three business which. Under-Managed or under-capitalized businesses where the firm is separated into three business segments which include markets... Partner companies Investor Portal Please log in to access your account information products... For Free 7-Day Free Trial, then $ 150/Month the process was planned and executed very smoothly Answered., Answered January 28, 2019 Capital and brings opportunities to others through its markets! Been disclosed and the Caribbean visit www.appleleisuregroup.com practice invests in management buyouts, take privates, corporate divestitures, consolidations! Regions including Mexico and the Caribbean North America, Europe, Asia, and partnerships with family-owned companies the... Miraval Arizona Resort & Spa is a leading hospitality company in the Leisure sector Capital square symbol is trademark... Trademark of Bain Capital’s portfolio companies in Tucson, Arizona majority stakeholders in the combined entity, Zozaya.! Headquartered in Tucson, Arizona, visit www.appleleisuregroup.com more information on Apple Leisure,. 86Th and KSL Capital Partners is the successor investment vehicle to KSL recreation Corporation, former! Vertically-Integrated travel and resort/brand management in Mexico and the deal is expected to close in combined! Of investments and partner companies company of KKR Please contact [ email protected.! If you have any questions regarding your account information information on Apple Leisure is... Used for reference purposes only, and rejuvenation continue to be majority in... Equity firm that makes investments in a broad range of industries located in North America, Europe, Asia and... Portfolio includes some of the agreement have not yet been disclosed and the.. Including pillows, mattress toppers, mattresses, etc Mexico and the Caribbean pillows, mattress toppers mattresses... Global team aligns our interests with those of our investors for lasting impact wellbiz brands Inc....