M&A Deal Summary

Viad Acquires CIRI Alaska Tourism

On March 14, 2016, Viad acquired internet software and services company CIRI Alaska Tourism from CIRI Development

Acquisition Highlights
  • This is Viad’s 1st transaction in the Internet Software and Services sector.
  • This is Viad’s 8th transaction in the United States.
  • This is Viad’s 1st transaction in Alaska.

M&A Deal Summary
Date 2016-03-14
Target CIRI Alaska Tourism
Sector Internet Software and Services
Buyer(s) Viad
Sellers(s) CIRI Development
Deal Type Divestiture

Target

CIRI Alaska Tourism

Anchorage, Alaska, United States
website
CIRI Alaska Tourism Corp. is a provider of cloud based booking for land and marine sightseeing tours, accommodations and travel-planning services from Seward and Kenai Fjords National Park up to Talkeetna and into Denali National Park.

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Buyer(S) 1

Buyer

Viad

Phoenix, Arizona, United States

website

Category Company
Founded 1926
Sector Business Services
Employees1,697
Revenue 1.1B USD (2022)
DESCRIPTION

Viad operates through two businesses: Pursuit and GES. Pursuit is a collection of attractions, lodges and hotels, and sightseeing tours in iconic locations. GES is a full-service live events company serving 70% of the Fortune 1000 in 75+ countries. Viad was founded in 1926 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 11 of 14
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Alaska) 1 of 1
Country (United States) 8 of 10
Year (2016) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-24 N200

Watford, United Kingdom

N200 Ltd. a event registration and data intelligence firm with offices in the United Kingdom and the Netherlands. N200 has more than 20 years of experience delivering registration and data services to the live events market. Its scalable, web-based registration and ticketing application, Visit, allows interaction among event organizers, attendees and exhibitors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-11 On Event Services

Norcross, Georgia, United States

On Event Services LLC is specializes in corporate events and exhibitions, supporting more than 1,000 live events annually with production services, including audio, video, lighting, mapping and scenic design.

Buy -

Seller(S) 1

SELLER

CIRI Development

Anchorage, Alaska, United States
Category Company
Founded 2006
Sector Construction
DESCRIPTION

CIRI Development Corp. is a provider of construction services.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Alaska) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Mergr

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