Public Company Transportation & Logistics

Lindblad Expeditions Holdings

New York, New York, United States

Formerly known as Lindblad Expeditions Holdings, National Geographic Lindblad Expeditions, National Geographic-Lindblad Expeditions

Global operator of expedition cruises and land-based adventure travel brands, focused on experiential and conservation-minded travel (including Lindblad Expeditions and Natural Habitat).

Focus Areas
Expedition cruises, Expedition travel, Adventure travel
Website
expeditions.com

Tracked deals

3

3 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

Lindblad Expeditions Holdings Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Lindblad Expeditions Holdings. 1 2021 ~2 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Lindblad Expeditions Acquires Echo Charlie to Build an Aviation-Based Experiential Travel Brand
    September 15, 2026
    Buyer
    Lindblad Expeditions Holdings, Inc.
    Target
    Echo Charlie
    Industry
    Consumer Products
    Location
    United States
    Type
    Buyout

    Lindblad Expeditions Holdings also acquired a majority stake (alongside White Desert) in Echo Charlie, a new aviation travel brand focused on specialized access to unique destinations. The acquisition supports development and growth of the Echo Charlie brand as part of Lindblad’s expanding experiential travel portfolio.

  • Lindblad Expeditions Acquires Majority Stake in White Desert to Expand Luxury Antarctic Travel
    September 15, 2026
    Buyer
    Lindblad Expeditions Holdings, Inc.
    Target
    White Desert Antarctica
    Seller
    Patrick Woodhead (Founder and Chairman of White Desert)
    Industry
    Consumer Products
    Location
    United States
    Type
    Buyout

    Lindblad Expeditions Holdings acquired a 60% majority stake in White Desert, the luxury Antarctic travel company founded by Patrick Woodhead. The cash purchase price was approximately $61 million, plus about $6 million for cash on the balance sheet, with customary working-capital and true-up adjustments.

  • Lindblad Expeditions Acquires Majority Stakes in DuVine Cycling + Adventure Co. and Off the Beaten Path
    March 9, 2021
    Buyer
    Lindblad Expeditions Holdings, Inc.
    Target
    DuVine Cycling + Adventure Co., Off the Beaten Path LLC
    Industry
    Restaurants & Hospitality
    Location
    United States
    Type
    Buyout

    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.

Related Acquisition Pages

Consumer Products Buyers & Acquisitions 2 tracked deals by Lindblad Expeditions Holdings. Restaurants & Hospitality Buyers & Acquisitions 1 tracked deal by Lindblad Expeditions Holdings.

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