Resilient Capital Partners, LLC's Recapitalization of Suntex Marinas Investors, LLC

Winston & Strawn LLP represented Resilient Capital Partners, LLC, a private equity firm specializing in acquisitions and buyouts of lower middle-market special situation companies and recapitalization, in its recapitalization of Suntex Marinas Investors LLC (Suntex or the Company), a leading owner and operator of marina properties. The recapitalization was led by funds affiliated with Centerbridge Partners, L.P. (Centerbridge), and funds affiliated with Resilient Capital Partners, LLC (RCP), alongside key management members. Suntex, the largest standalone, pure-play owner of marinas in the United States, owns and operates 31 market-leading marinas that provide boat docking and storage as well as related services, across 11 states, with over two-thirds of earnings attributable to high-growth coastal markets. The recapitalization retains the Company's real estate investment trust structure and will provide the necessary capital to enable the Suntex team to accelerate its growth and sustain its position as the leading acquirer of high-quality marina properties around the country.