M&A Deal Summary

Viad Acquires Glacier Raft

On March 24, 2022, Viad acquired business services company Glacier Raft

Acquisition Highlights
  • This is Viad’s 5th transaction in the Business Services sector.
  • This is Viad’s 10th transaction in the United States.
  • This is Viad’s 4th transaction in Montana.

M&A Deal Summary
Date 2022-03-24
Target Glacier Raft
Sector Business Services
Buyer(s) Viad
Deal Type Add-on Acquisition

Target

Glacier Raft

West Glacier, Montana, United States
website
Glacier Raft is a provider of guided river rafting trips operating in the heart of Pursuit’s West Glacier, Montana operations. Glacier Raft Company also owns 13 log cabins, a lodge, and a wedding venue located on 50 acres with views into Glacier National Park. Glacier Raft was founded in 1976 and is based in West Glacier, Montana.

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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 14 of 14
Sector (Business Services) 5 of 5
Type (Add-on Acquisition) 13 of 13
State (Montana) 4 of 4
Country (United States) 10 of 10
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-29 FlyOver Canada

Vancouver, British Columbia, Canada

FlyOver Canada is a virtual flight ride attraction that showcases some of Canada’s most awe-inspiring scenery from coast to coast. The state-of-the-art, multi-sensory experience combines motion seating, spectacular media and special effects, including wind, scents and mist, to provide a true flying experience for guests.

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