M&A Deal Summary

Pursuit Attractions and Hospitality Acquires HBSME

On June 29, 2011, Pursuit Attractions and Hospitality acquired leisure company HBSME

Acquisition Highlights
  • This is Pursuit Attractions and Hospitality’s 2nd transaction in the Leisure sector.
  • This is Pursuit Attractions and Hospitality’s 3rd transaction in the United States.
  • This is Pursuit Attractions and Hospitality’s 2nd transaction in Montana.

M&A Deal Summary

Date 2011-06-29
Target HBSME
Sector Leisure
Buyer(s) Pursuit Attractions and Hospitality
Deal Type Add-on Acquisition

Target

HBSME

St. Mary, Montana, United States
HBSME, Inc. is a privately held company operates a resort and provides lodge accommodation for travelers, as well as accommodation for groups and tours.

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Buyer(S) 1

Buyer

Pursuit Attractions and Hospitality

Denver, Arizona, United States

Category Company
Founded 1926
Sector Business Services
Employees1,500
Revenue 366M USD (2024)
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 Denver, Arizona.


DEAL STATS #
Overall 3 of 14
Sector: Leisure M&A 2 of 5
Type: Add-on Acquisition M&A Deals 3 of 13
State: Montana M&A 2 of 4
Country: United States M&A 3 of 10
Year: 2011 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-06 Grouse Mountain Lodge

Whitefish, Montana, United States

Grouse Mountain Lodge is a 145 room, four-season resort hotel located in Whitefish, Montana. The hotel is situated adjacent to the Whitefish Lake Golf Club and in close proximity to Glacier National Park and Whitefish Mountain Resort, a year-round mountain resort destination offering downhill skiing, snowboarding and an alpine slide during the winter season and mountain biking, a zip line course and canopy tour in the summer and shoulder seasons.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-30 St. Mary Lodge & Resort

Columbia Falls, Montana, United States

St. Mary Lodge and Resort is an upscale full-service lodge situated just outside Glacier National Park’s east entrance in St. Mary, Montana. With 115 guest rooms spread among six facilities, the property features accommodations ranging from luxury lodge rooms and suites to rustic and relaxing cottages and motel rooms.

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