Private equity firms KKR & Co. (NYSE: KKR) and KSL Capital Partners LLC have teamed to purchase vacation hospitality company Apple Leisure Group from Bain Capital Private Equity. Terms of the deal were undisclosed.

Apple Leisure is a Newtown Square, Pennsylvania-based travel and hospitality group that focuses on all-inclusive packaged travel and hotel management in Mexico and the Caribbean. The conglomerate’s collection of travel and leisure businesses include destination management and travel distribution brands such as: AMResorts, Amstar, Apple Vacations, Travel Impressions, Unlimited Vacation Club, CheapCaribbean.com and Worldstar DMC.

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