Bain Capital Private Equity to sell Apple Leisure Group to KKR, KSL

KKR and KSL Capital Partners have agreed to buy Apple Leisure Group from Bain Capital Private Equity. Financial terms weren’t announced. Philadelphia-based Apple Leisure is a hospitality company that sells all-inclusive vacation packages. Credit Suisse and Kirkland & Ellis LLP served as advisors to Bain Capital Private Equity. Simpson Thacher & Bartlett LLP and Dentons served as advisors to KKR and KSL.

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