M&A Deal Summary

Viad Acquires Banff International Hotel

On March 7, 2012, Viad acquired leisure company Banff International Hotel

Acquisition Highlights
  • This is Viad’s 5th transaction in the Leisure sector.
  • This is Viad’s 1st transaction in Canada.
  • This is Viad’s 1st transaction in Alberta.

M&A Deal Summary
Date 2012-03-07
Target Banff International Hotel
Sector Leisure
Buyer(s) Viad
Deal Type Add-on Acquisition

Target

Banff International Hotel

Banff, Alberta, Canada
The Banff International Hotel is a hotel property with 162 guest rooms. It features full-service accommodations, including a restaurant and recreation facilities, and is within walking distance of restaurants, museums and shopping.

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Buyer(S) 1

Buyer

Viad

Scottsdale, Arizona, United States
Category Company
Founded 1926
Sector Business Services
Employees1,697
Revenue 1.2B USD (2023)
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 6 of 14
Sector (Leisure) 5 of 5
Type (Add-on Acquisition) 6 of 13
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-19 Denali Backcountry Lodge and Denali Cabins

Alaska, Alabama, United States

Denali Backcountry Lodge and Denali Cabins, With 42 guest rooms on six acres, the property features full-service accommodations, including dining and recreation facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-17 Blitz Communications Group Limited

Elstree, United Kingdom

Blitz provides AV services across the live events spectrum, including corporate events, trade shows and select consumer events. Key products and services include: equipment for video, audio and lighting; creative graphic services focused on high-quality, creative transformation of digital content; digital media content and communications solutions; set building; and equipment and creative technical solutions catered to theater production.

Buy -
Mergr

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