Lindblad Acquires The vast majority Stakes in Two Tour Corporations

Lindblad Expeditions Holdings Inc. declared it has obtained the vast majority stakes in DuVine Cycling + Adventure Co., a luxury cycling and journey enterprise, and Off the Crushed Path LLC, an energetic vacation operator that specializes in U.S. Countrywide Parks.

Lindblad explained the acquisitions broaden its system of upscale item offerings in journey travel sectors, which include the speedily rising cycling tourism and domestic expedition market.

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Lindblad explained it plans to speed up the advancement of these worthwhile firms and capitalize on the escalating need for genuine and immersive adventure vacation.

DuVine, an worldwide luxury cycling and adventure firm based in Somerville, Mass., operates journeys that are tailor-made to riders of all capabilities with emphasis on fantastic food items and wine encounters, along with boutique accommodations. DuVine also at this time runs a range of amazing excursions that blend sail and biking ordeals, which will be further expanded as element of Lindblad.

Started in 1996 by Andy Levine, DuVine’s offerings include things like little-group and personal customized excursions to destinations throughout Europe, the United States, Latin America, Asia and Africa. Levine will retain an possession fascination in DuVine and will continue on as president and CEO of the new Lindblad subsidiary.

Off the Beaten Route, dependent in Bozeman, Mont., presents energetic small-team and non-public customized journeys all around the globe, with a extensive-standing concentration on U.S. National Parks. Cory Lawrence, Off the Crushed Path’s president and CEO, will retain an possession desire and go on in this position for the new Lindblad subsidiary.

“Bringing DuVine and Off the Beaten Path into our portfolio of brand names will allow for us to better provide a broader primarily based clientele that has a assorted set of journey pursuits,” stated Sven Lindblad, president and CEO of Lindblad Expeditions. “The high amount of high quality and integrity of both these firms helps make them best partners in our tactic of increasing our system of experiential offerings. Our confirmed ability to leverage our platform and correctly cross-market results in the possibility to speed up advancement across our full portfolio, and we will continue to look for added chances to broaden and deepen our adventure journey offerings, both equally organically and by means of acquisitions, to aggregate larger sized audiences and generate greater life span benefit from our faithful friends.”