NATIONAL OFFICE – BKD Capital Advisors (BKDCA) is pleased to announce that DVC Companies has executed a growth recapitalization with Xyresic Capital, a private equity firm based in Chicago, Illinois. BKDCA served as the exclusive financial advisor to DVC Companies on this transaction.
DVC Companies is a collection of entities serving the financing, rental and disposition needs of Disney Vacation Club members, which own interests in the timeshare program operated by The Walt Disney Company.
DVC Companies sought a capital advisor to help fulfill expanding client service opportunities and broaden its service offering and target markets, all while meeting certain shareholder objectives. BKDCA assessed the broad service portfolio that the combined DVC Companies entities provided, and advised the ownership teams of each entity that a coordinated marketing approach may be well-received by the investor community. Through a highly planned and organized process designed to clarify and articulate DVC Companies’ success and planned expansions, BKDCA initiated dialogue with a select group of candidate investors.
After advanced discussions and negotiations, Xyresic was chosen to be the ideal partner to help drive DVC Companies’ exciting future alongside management, which retained a significant equity interest in the transaction. This complex transaction closed in a landscape where most travel and leisure transactions hit a standstill due to the uncertain market conditions amid the COVID-19 pandemic.
For more information about the transaction, please contact Tim Trostle at 317.383.4014 or ttrostle@BKD.com.