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Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.

Interstate Hotels to Merge With Aimbridge Hospitality

Paul, Weiss is representing leading independent multinational hotel operator Interstate Hotels & Resorts in its merger with Aimbridge Hospitality, North America’s largest independent hotel management firm, creating a global leader in third-party hotel management services. Interstate is a portfolio company of Kohlberg & Company, LLC. The combined company will manage a portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries. Terms of the transaction were not disclosed.

The Paul, Weiss team representing Kohlberg and Interstate includes corporate partners Angelo Bonvino and Thomas de la Bastide and counsel Julie Martinelli and Bruce Gruder; litigation partner Aidan Synnott; tax partner Lindsay Parks; intellectual property partner Chuck Googe; real estate partner Meredith Kane; employee benefits counsel Reuven Falik; antitrust counsel Marta Kelly; international trade counsel Richard Elliott; and environmental counsel William O’Brien.

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