M&A · Financials · Buyer's industry: Real Estate Agents & Managers (For Others)
Marriott Vacations Worldwide Corp to acquire Welk Resorts
Announced Jan 26, 2021 · Closed Apr 1, 2021 · Private target
Deal value$430M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$122.15 per share
Transaction
- Acquirer
- Marriott Vacations Worldwide Corp (VAC)
- Target
- Welk Resorts
- Buyer type
- Strategic
- Offer price per share
- $122.15
- Enterprise value
- —
- Status
- Closed Apr 1, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- JPMorgan
- To the target
- BofA Securities
Classification
- Sector
- Financials
- Buyer's industry
- Real Estate Agents & Managers (For Others)