A group of investors have closed the acquisition of Jackson Hole Mountain Resort (JHMR), an iconic mountain destination in Teton Village, Wyoming. The investors, which include JHMR Board Members Eric Macy, Mike Corbat, their families and a small, select group of co-investors, take over for the Kemmerer family after 31 years of ownership. Financial details of the private transaction will not be disclosed.
Latham & Watkins LLP represented the buyer group in all aspects of the transaction with a corporate deal team led by partners Tad Freese and Saad Khanani, with associates Danny Nordstrom, Madisson Goorman, and Ben Bouwman; an equity and real estate team led by partners Rachel Bates and Nadia Sager, with associates Dylan Carroll, Cristian Kelly, Jonathan Kashani, and Shreya Patel; and a debt team led by partner Kenneth Askin, with associates Yesenia Barberena and Kendall Ota. Advice was also provided on tax matters by partner Pardis Zomorodi; on benefits matters by partner Julie Crisp with associate Julia Lee; on environmental matters by partners Chris Norton and Marc Campopiano; on employment matters by partner Joe Farrell; on intellectual property matters by counsel Arielle Singh, with associate Ryan Sanders; on data privacy matters by Houston counsel Robert Brown, with associate Priyanka Shridhar Krishnamurthy; and on antibribery and anticorruption matters by partner Erin Brown Jones. Members of the Latham team are based in Latham’s California, Chicago, Houston, and Washington, D.C. offices.