Hornblower Group Acquires Journey Beyond

Strategic Value Partners to Acquire Majority of Hornblower Group; Crestview Retains Minority

February 21, 2024

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Funds managed by Strategic Value Partners (SVP) will acquire majority ownership of Hornblower Group and provide $121 million of new equity while Crestview Partners will retain a significant minority stake and take sole ownership of Journey Beyond. The transaction is part of a broader financial restructuring that includes $300 million of DIP financing, approximately $720 million of debt reduction and the planned sale or wind-down of Hornblower’s American Queen Voyages unit to focus the business on core land- and water-based experiences.

Emerald Holding Acquires This is Beyond

May 2, 2025

Media & Entertainment

Emerald Holding, Inc. (NYSE: EEX) has completed its acquisition of This is Beyond, a London-based luxury travel events business. The deal, first announced March 14, 2025 and approved April 30, 2025, expands Emerald's presence in the global luxury travel market and adds curated, sustainable luxury travel events to its B2B events portfolio.

Bold Orange Company Acquires Journey 121

July 31, 2024

Marketing & Advertising

Bold Orange Company (a Mountaingate Capital portfolio company) has acquired Journey 121, a SaaS marketing platform that supports multi-location brands with turnkey, personalized marketing programs. The acquisition expands Bold Orange's marketing technology and analytics capabilities, enabling brands and their local distribution networks (franchisees, dealers, affiliates) to deliver hyper-local, personalized promotions—Great Clips is cited as a notable Journey 121 customer.

Averroes Capital Completes Buyout and Growth Investment in Journey Hospitality

November 7, 2024

Cloud & SaaS

Averroes Capital has completed a buyout and growth capital investment in Journey Hospitality, a Cheltenham-based provider of ecommerce and software solutions for hotels (including the onejourney platform). Averroes will support product development, strengthen the executive team, scale sales and operations, and help internationalise Journey's customer base while the founder and management remain in leadership.

Mobeus Backs Management Buyout of Distant Journeys

May 16, 2024

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Mobeus has invested £15.2 million to support a management buyout of Distant Journeys, a UK-based specialist in long-haul escorted tours. The funding will support geographic expansion into new destinations and operational improvements (sales and customer engagement systems), with MD Simon Whittle remaining in place and several experienced industry executives joining the management team and board.

Kelsian Group Acquires All Aboard America! Holdings, Inc.

June 2, 2023

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Australia’s Kelsian Group has completed the acquisition of 100% of All Aboard America! Holdings, Inc., a large US passenger motorcoach operator serving corporate, government, education, LNG and tourism customers across multiple states. The deal gives Kelsian an established multi-state US platform and a pipeline of contract and charter opportunities in the American market.