Τελευταία νέα
HomeHotels & LodgingCenterbridge Partners completes acquisition of Great Wolf Resorts, Inc.
Hospitality

Centerbridge Partners completes acquisition of Great Wolf Resorts, Inc.

The acquisition was announced in March 2015.

MADISON, WIS. – Great Wolf Resorts, Inc., North America’s largest family of indoor waterpark resorts, announced that affiliates of Centerbridge Partners, L.P., a leading private investment firm, have completed their acquisition of Great Wolf Resorts from funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated affiliates, “Apollo”). The acquisition was announced in March 2015.

“This marks an exciting new chapter for Great Wolf Resorts,” said Kimberly K. Schaefer, Chief Executive Officer of the Company. “All of us are very excited about partnering with Centerbridge and what this means for our next phase of growth, as well as the benefits it offers to our employees and our guests. Centerbridge’s proven investment track record and access to capital will facilitate our continued expansion as a premier family vacation brand. With the help of our dedicated team, we will continue to offer our guests the superior experience that they have come to expect from a Great Wolf Lodge. We also want to thank Apollo Global Management for their strong support and contributions to Great Wolf’s success during the past three years.”

William D. Rahm, Senior Managing Director of Centerbridge said, “We are very excited to have completed the acquisition of Great Wolf and we look forward to supporting Kim Schaefer and her talented management team in further strengthening the Great Wolf brand and expanding the Company into new markets. We feel very fortunate to have the opportunity to continue the Company’s commitment to provide the very best in family destination resorts.”

Great Wolf Resorts was advised by its financial advisors, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. and its legal counsel, Akin Gump Strauss Hauer & Feld LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Centerbridge was advised by its financial advisors, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Macquarie Capital (USA) Inc., and Nomura Securities International, Inc. and its legal counsel, Simpson Thacher & Bartlett LLP.

Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

02/02/2023
01/02/2023
31/01/2023
30/01/2023
27/01/2023
26/01/2023