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Platinum to buy Wyndham European vacation rentals business

  • Region:

    United States of America

  • Sector:

  • Deal Size:

    $1.3 billion

  • Buy Side Company:

    Platinum Equity
  • Sell Side Company:

    Wyndham Worldwide Corporation
  • Target Company:

Wyndham Worldwide Corporation has announced the successful completion of its previously announced sale of its European vacation rentals business to an affiliate of private equity firm, Platinum Equity, LLC. The price of the deal was approximately $1.3 billion, according to PE Hub. Deutsche Bank and Goldman Sachs served as financial advisors, and Kirkland & Ellis International LLP and Dechert LLP served as legal advisors to Wyndham Worldwide on the transaction.

Tags:

PE Deals,private equity,private equity deals