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

Hornblower Group Acquires Journey Beyond

February 15, 2022

Restaurants & Hospitality

Hornblower Group has acquired Australian experiential travel operator Journey Beyond, expanding Hornblower's portfolio of travel experiences and strengthening its presence in Australia. Journey Beyond—headquartered in Adelaide and owner of multiple iconic trains, tours, lodges and marine operations—will join Hornblower's global offerings to deepen its capabilities in luxury and experiential tourism.

Searchlight Capital Partners Makes Strategic Investment in Celestyal Cruises

November 29, 2021

Transportation

Funds managed by Searchlight Capital Partners have agreed to make a strategic investment in a new holding company, Celestyal Holdings, supporting Celestyal Cruises' global growth, brand amplification and fleet renewal. The Louis Group remains a shareholder in the new holding company and Celestyal will continue to operate from its offices in Piraeus under the current management team.

Strategic Value Partners Acquires Revelyst for $1.125 Billion

January 7, 2025

Consumer Products

Strategic Value Partners (SVP) completed an all-cash acquisition of Revelyst for an enterprise value of $1.125 billion. Under the deal Revelyst stockholders received $20.12 per share and Revelyst common stock ceased trading on the NYSE; SVP said it will invest in the company's transformation and growth of its outdoor recreation brands.

Strategic Value Partners Acquires Remaining Stake in IPC for Full Ownership

January 9, 2024

Telecommunications

Strategic Value Partners (SVP) has acquired the remaining 40% stake in IPC, resulting in full ownership of the mission-critical trading communications and network services provider. SVP — which had owned 60% since 2021 after leading a debt-reduction and recapitalization — cited confidence in IPC’s growth plan and will work with management to support the company’s next stage of growth.

Crestview Partners Acquires Tailwind Hospitality

February 2, 2026

Restaurants & Hospitality

Crestview Partners has acquired Tailwind Hospitality, an airport concessions operator, from Palladin Consumer Retail Partners. Crestview is investing alongside AltitudeX Aviation Group and members of Tailwind’s management; Tailwind will remain led by CEO Jeff Switzer and will pursue further organic and acquisition-driven expansion across U.S. airports.

Vision Marine Technologies Acquires Nautical Ventures Group

June 23, 2025

Retail

Vision Marine Technologies (NASDAQ: VMAR) acquired Nautical Ventures Group, a Florida-based recreational boat dealership, marina, and service provider operating nine retail locations. The acquisition gives Vision Marine direct retail and service distribution for its E-Motion high-voltage electric propulsion systems and expands the company's direct-to-consumer sales, installation, and aftermarket service capabilities.