Simpson Thacher represented KSL Capital Partners (“KSL”) in connection with its acquisition of Invited Clubs (“Invited”) from Apollo-managed funds.
KSL is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL invests across three primary strategies through its equity, credit and tactical opportunities funds.
Since 1957, Invited has brought people together through private clubs that foster belonging and deliver first-class amenities, exceptional service, and industry-leading benefits. Today, Invited is the largest owner and operator of private clubs in North America, with all clubs united by a shared commitment to quality, connection, and local character.
The Simpson Thacher team included Atif Azher, Fred de Albuquerque, Sherry Shen, Sarika Pandrangi, Abby Kieker, Winnie Lam and Shahrukh Hameed (M&A); Krista Miniutti, Emily Rosenthal, Kate Reinertson, Tara Martin-Chen, Kathleen Joo and Selena Fortich (Real Estate); Tom Wuchenich, Leor Moaddel, Ben Kaminoff and Peter Gutman (Funds); Christopher Brown, Young Bin “Peter” Bang, Andrew Won, Alexandra Cullen, Jordon Pollard, Ryan Lin and Jamie Zhang (Credit); Mimi Cheng and Jackson Sullivan (Fund Finance); Benjamin Rippeon and Shareef Salfity (Tax); Greg Grogan, Harry Hudesman, Matias Botto and Margaret Wang (ECEB); Peter Guryan, Kelly Karapetyan and Richard Jamgochian (Antitrust); Caroline Geiger, Chandler Gerard-Reimber and Priscilla Kim (Intellectual Property); William Brentani, Dan Webb and Barry Lau (Capital Markets); and Steven DeLott (Insurance). Summer Associate Alissa Caldwell also provided valuable assistance.