O’Melveny has advised Nolan Capital., the family office of Peter Nolan, on its acquisition of a majority stake in Ortega National Parks, a hospitality organisation serving national, state and county parks across the country.
Nolan Capital has ownership interests in retail, endeavours restaurant operations, manufacturing and real estate investments.
Ortega specialises in retail and hospitality industries managing commerce in several national, state and county parks across the United States through retail stores, concessions, restaurants and lodging. Ortega also works to uphold historical preservation at every site with environmental responsibility.
The O’Melveny deal team representing Nolan Capital was led by corporate partners David Smith and Robert Graffum with assistance from counsel Sarah Hoffner and associate Cliff Wen.
“Everything about Nolan Capital matches what ONP has stood for and built the business on,” says Frank Pikus, ONP Chief Executive Officer. “We are excited about how the team at Nolan Capital can help us continue to grow and diversify our business, while staying true to the Ortega family roots.”
Peter Nolan, Chairman of Nolan Capital, says: “We are extraordinarily proud to partner with the Ortega family in this investment. ONP has had a long history of service and it is our mission to continue as a responsible steward of our park partner’s assets and resources. We are committed to serving our guests and visitors while respecting the environment and furthering the mission of these great public assets.”
