Apple Leisure Group

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Apple Leisure Group - overview

Established

1969

Location

-, PA, US

Primary Industry

Travel & Leisure

About

Based in Pennsylvania, US, and founded in 1969, Apple Leisure Group operates as a provider of travel and tourism services. The company which was founded as Atkinson & Mullen eventually got investment from Bain Capital in 2012, establishing Apple Leisure Group. In December 2016, KKR and KSL Capital Partners acquired the company from Bain Capital, and in August 2021, Hyatt Hotels Corporation agreed to acquire Apple Leisure Group, the transaction is expected to close in the fourth quarter of 2021. As of September 2021, the company is being led by Alejandro Reynal, as its CEO.


Apple Leisure Group operates as a holding company of Apple Hill-related brands. The company's brands offer travel packages and tourism services, including brands such as Apple Vacations, Cheap Caribbean, Blue Sky Tours, Travel Impressions, Southwest Vacations, Funjet Vacations, United Vacations, and Beachbound. Apple Leisure Group offers brand-management and marketing services through its affiliate, AMResorts®, which comprises a portfolio of resorts including Secrets® Resorts & Spa, Dreams® Resorts & Spas, Breathless® Resorts & Spas, Zoetry® Wellness & Spa Resorts, etc. The company’s travel distribution business, ALG Vacations®, provides charter flights and various vacation packages to Mexico, Dominican Republic, Jamaica, and the Caribbean, and its brand portfolio includes Apple Vacations, BeachBound, Blue Sky Tours, CheapCaribbean, Funjet Vacations, Funway Holidays, United Vacations, Travel Impressions, and Southwest Vacation.


Additionally, the firm offers destination services and products to individuals, groups, corporations, tour operators, and meeting planners, through Amstar® DMC, and furthermore provides leisure travel technology solutions through its brand Trisept Solutions®.


Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Travel & Tourism

Website

www.appleleisuregroup.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Apple Leisure Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedApple Leisure Group-
Trade SaleAnnouncedApple Leisure Group-
Secondary BuyoutCompletedApple Leisure Group-
Add-onCompletedCheapCaribbean.com-
Add-onCompletedTravel Impressions-

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