M&A Deal Summary

Viad Acquires HBSME

On June 29, 2011, Viad acquired leisure company HBSME

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

M&A Deal Summary
Date 2011-06-29
Target HBSME
Sector Leisure
Buyer(s) Viad
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

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 3 of 14
Sector (Leisure) 2 of 5
Type (Add-on Acquisition) 3 of 13
State (Montana) 2 of 4
Country (United States) 3 of 10
Year (2011) 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.

Buy -
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.

Buy -
Mergr

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