Silverleaf Resorts said Thursday, February 3rd that it has agreed to be acquired by SL Resort Holdings Inc., an affiliate of Cerberus Capital Management L.P.

Upon completion of the transaction, Silverleaf will become a private company, wholly-owned by Cerberus.  Silverleaf Resorts engages in marketing and selling vacation intervals in the US. The company develops and acquires timeshare resorts; and markets and sells one-week annual and biennial vacation intervals to new owners.

For further information on how this will impact your Silverleaf time share ownership, please contact your home resort.