Lindblad Expeditions Acquires Majority Stakes in DuVine Cycling + Adventure Co. and Off the Beaten Path
March 9, 2021
Lindblad Expeditions Holdings, Inc. acquired majority stakes in DuVine Cycling + Adventure Co. and Off the Beaten Path to broaden its land-based experiential travel platform and capture growth in luxury cycling and U.S. national-park focused active travel. The founders of both companies will retain ownership stakes and continue to lead their businesses while leveraging Lindblad’s scale, marketing and cross-selling capabilities to accelerate growth.
- Targets
- DuVine Cycling + Adventure Co., Off the Beaten Path LLC
- Industry
- Restaurants & Hospitality
- Location
- United States
- Transaction Type
- Buyout
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