M&A
confidence high
sentiment positive
materiality 0.60
Lindblad Expeditions closes $30M acquisition of Tanzania safari operator WTA
LINDBLAD EXPEDITIONS HOLDINGS, INC.
- Aggregate purchase price $24M cash plus $6M in Lindblad common stock (682,593 shares) for WTA and Tanzanian Companies.
- Acquisition includes Thomson Safaris (40+ years), Gibb's Farm lodge, and Nature Discovery.
- Deal closed July 31, 2024; expands land-based experiential travel portfolio.
- Lindblad agreed to file Form S-1 registration statement within three business days post-closing.