KKR and KSL acquire Apple Leisure Group.

KKR and an affiliate of KSL Capital Partners, private equity companies have agreed to acquire Apple Leisure Group, a leading hospitality company, from Bain Capital Private Equity. Financial terms were not disclosed. "We are pleased to be partnering with KKR and KSL for our next phase of growth. They share our commitment to the vision of Apple Leisure Group as we continue to deliver great results to travelers, guests and hotel owners. We are extremely appreciative of Bain Capital Private Equity's partnership and support in executing our growth mission and helping us strengthen our leadership position over the past four years." Alex Zozaya, Apple Leisure Group Chief Executive Officer.