Apollo Global Management $2.2 billion acquisition of Diamond Resorts

29/6/2016
Private acquisition

$ 2.2 billion

Completed

29/6/2016


Overview:

  • Apollo Global Management has acquired Diamond Resorts in a $2.2 billion deal.
  • The price comes to $30.25 per Diamond share.
  • The deal follows Apollo's acquisition of security provider ADT in February.
  • Paul Weiss Rifkind Wharton & Garrison (Taurie Zeitzer, Greg Ezring, Brian Kim) advised Apollo.
  • Gibson Dunn & Crutcher (Barbara Becker, Aaron Adams) advised the Diamond strategic review committee.
  • DLA Piper (Roger Meltzer, Sidney Burke, Nickie Cheney) was special counsel to Diamond.
  • Katten Muchin Rosenman was anti-trust counsel for Diamond.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Consumer goods and services


Firms:

Party: Diamond Resorts (Target)


Party: Diamond Resorts (Target)


Party: Diamond Resorts (Target)


Party: Apollo Global Mangement (Acquirer)

Lawyer: Gregory Ezring