Jump to content
Sign in to follow this  
BoddaH1994

Great Wolf Lodge Resorts acquired by Blackstone

Recommended Posts

A few weeks old, but not posted yet.

Blackstone to acquire a controlling 65% interest in GWL, forming a new partnership company along with Centerbridge Partners LP. 
 

https://www.wsj.com/articles/blackstone-to-acquire-65-controlling-interest-great-wolf-resorts-11570018212

Fun fact: Blackstone came very close to purchasing Paramount Parks in 2006, but were outbid by Cedar Fair.

Another fun fact: Apollo Global Management (who owned GWL through a leveraged buyout before they were sold to Centerbridge) attempted to acquire Cedar Fair for pennies on the dollar (another leveraged buyout + debt acquisition) but the company was saved by a firm out of Texas called Q Investments that prevented Kinzel and company from shorting their unit holders   in favor of their own golden parachutes.

  • Like 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...