Pursuit Attractions publishes presentation on C$24 million Eagle Wing Tours acquisition
PRSU•Eagle Wing Tours acquisition presentation
Pursuit Attractions and Hospitality acquired Eagle Wing Tours for C$24 million at an effective adjusted EBITDA multiple of about 7x.
The deal adds a market-leading whale-watching operator in Victoria, British Columbia, expanding Pursuit’s Canadian attractions portfolio.
First full-year adjusted EBITDA is expected at C$3 million to C$4 million, with margin accretion anticipated.
The business serves about 50,000 guests annually with a fleet of five vessels.
Limited Inner Harbour dock access is cited as a supply constraint in the Victoria market.
