Led by the Hospitality and Leisure team, Goodwin advised AutoCamp on the closing of its strategic capital partnership deal and $115 million in equity commitments to fund a rapid national expansion.
The investment supports AutoCamp’s aggressive near-term national expansion plan that includes California and the East Coast, as well as other travel destinations across North America. With properties in Santa Barbara and Napa/Sonoma Wine Country, the company will open its newest location in May 2019 near Yosemite National Park, which will feature more than 100 luxurious custom Airstreams, tents, ADA suites, and other accommodations.
AutoCamp is a leading outdoor lodging brand that makes it easy for people to connect with the great outdoors by providing modern and stylish accommodations. The company’s unique properties are known for beautiful modern Airstream suites, and luxurious tents. AutoCamp has revolutionized alternative lodging by blending the traditional outdoor experience with the service and design of a boutique hotel.
The team was led by partner Ben Tschann and counsel Ann Lee with invaluable assistance from partner Kelsey Lemaster.
For additional details on the agreement, please read the press release.