M&A Deal Summary

Crestview Partners Acquires Hornblower Group

On January 1, 2018, private equity firm Crestview Partners acquired leisure company Hornblower Group

Acquisition Highlights
  • This is Crestview Partners’ 1st transaction in the Leisure sector.
  • This is Crestview Partners’ 27th transaction in the United States.
  • This is Crestview Partners’ 2nd transaction in California.
Investment Fate
  • Hornblower Group was sold to a consortium of financial buyers in 2024.

M&A Deal Summary

Date 2018-01-01
Target Hornblower Group
Sector Leisure
Buyer(s) Crestview Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Hornblower Group

San Francisco, California, United States
 Hornblower Group provides experiences and transportation services under two premier experience divisions: City Experiences, its land- and water-based experiences as well as ferry and transportation services; and Journey Beyond, Australia's leading experiential travel group. The group's portfolio of international offerings includes water-based experiences (dining and sightseeing cruises), land-based experiences (walking tours, food tours, and excursions), overnight experiences (cruises and railways), and ferry and transportation services. Hornblower Group was founded in 1980 and is based in San Francisco, California.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Crestview Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Crestview Partners is a private equity firm focused on challenging investment situations. Crestview targets opportunities across a broad range of industries, with a special interest in asset management, media, healthcare and financial service companies. The Firm looks to commit $100 to $250 million of equity capital in transactions valued between $500 million and $3 billion. Crestview Partners was formed in 2004 and is based in New York, New York.


DEAL STATS #
Overall 35 of 55
Sector: Leisure M&A 1 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 13 of 14
State: California M&A 2 of 8
Country: United States M&A 27 of 44
Year: 2018 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Venerable

West Chester, Pennsylvania, United States

Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with the patient, long-term capital. Venerable was founded in 2017 and is based in West Chester, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-06 ATC

Oklahoma City, Oklahoma, United States

ATC is a re-manufacturer of transmissions, engines, advanced battery packs, and related components for light, medium- and heavy-duty vehicles. ATC Drivetrain’s services include process and salvage engineering, warranty root cause analysis and testing, machining for repair and salvage of components, and recycling of n on-reclaimable material. ATC was founded in 1994 and is based in Oklahoma City.

Buy -