Highest-materiality recent filing
PRSU annual meeting reelects directors; Jill Bright receives 20.5% against votes
Joshua Schechter reelected with 23.7M for (95.0%), 1.2M against.
Pursuit Attractions extends Flyover sale closing deadline to July 31, 2026
Amendment to Purchase Agreement extends outside date from May 21, 2026 to July 31, 2026.
Revenue rose 37.4% to $51.6M; net loss improved to $24.9M from $31.1M in Q1 2025.
Record revenue of $452.4M in FY2025, up 23.4% YoY; Adjusted EBITDA of $117.1M.
Pursuit Attractions and Hospitality agrees to sell Flyover flying theater business for $78.4M
Purchase price of $78.4M in cash, subject to post-closing adjustments for debt, cash, working capital.
Pursuit Attractions adopts executive severance plan, amends bylaws
New Executive Severance Plan replaces prior plans; CEO David Barry gets 24 months base salary + prorated bonus on qualifying termination.
Pursuit reports record Q3 revenue $241M (+32% YoY), raises FY2025 EBITDA guidance
Revenue $241M, up 32.2% YoY; net income $73.9M vs $48.6M; diluted EPS $2.60 vs $1.65.
Pursuit Attractions increases revolving credit facility by $100M to $300M, extends maturity to 2030
Revolving commitments increased by $100M to a total of $300M.
Pursuit Q2 Adjusted EBITDA up 49%; raises FY2025 guidance to $108-118M
Revenue $116.7M (+15.4% YoY); Adjusted EBITDA $29.7M (+49.2% YoY).
Pursuit Attractions acquires Tabacón Thermal Resort in Costa Rica for $111M cash
Acquired all shares of Inversiones Turísticas Arenal, S.A., owner/operator of Tabacón Thermal Resort & Spa in Costa Rica.
Pursuit Attractions appoints Michael Bosco as CAO, shareholders approve all proposals
Michael Bosco appointed SVP, Chief Accounting Officer, effective July 1, 2025; succeeds Leslie Striedel.
Pursuit Q1 revenue up 0.9% to $37.6M, net loss widens; reaffirms FY2025 adjusted EBITDA $98-108M
Revenue $37.6M (+0.9% YoY); net loss attributable to Pursuit $31.1M vs $25.1M; adjusted net loss $26.9M vs $25.4M.
Pursuit completes GES sale for $535M; guides 2025 adjusted EBITDA $98-108M
Q4 revenue $45.8M (+8.5% YoY); full-year revenue $366.5M (+4.6%); net loss from continuing ops of $57.1M.
Pursuit completes sale of GES business for $535M; enters new $200M revolver
Sold GES to TL Voltron Purchaser for $535M total consideration ($510M base + $25M deferred payable one year post-close).
Pursuit (fka Viad) closes $23.7M CAD acquisition of Jasper SkyTram; trades as PRSU
Closed acquisition of Jasper SkyTram in Jasper National Park on Dec 31, 2024 for $23.7M CAD (~$17M USD).
Viad completes $535M GES sale, relaunches as Pursuit (PRSU); Barry named CEO
Completed sale of GES business to Truelink Capital for $535M ($510M at close plus $25M deferred).
Viad appoints new CFO effective upon 10-K filing and GES closing; CAO also departing
Michael 'Bo' Heitz appointed CFO, effective upon filing 2024 10-K and contingent on GES closing.
Viad Corp to convert all Preferred Stock into common on Dec 31; eliminates $8M annual dividend
All 135,000 shares of 5.5% Series A Convertible Preferred Stock to be converted into ~6.7M shares of common stock on Dec 31, 2024.
Revenue $455.7M (+24.5% YoY); net income $48.6M (+17.8%); adjusted diluted EPS $2.01 vs $1.49 YoY.
Viad Corp sells GES business for $535M, rebrand as Pursuit, change ticker to PRSU
Sale of GES to Truelink Capital for $535 million in cash, closing expected by end of 2024.
Viad Corp sells GES/Spiro for $535M; CEO Moster steps down, Barry named successor
Viad to sell GES and Spiro businesses for $535M ($510M base + $25M deferred) to TL Voltron Purchaser.
Viad Corp posted investor presentation on its website on September 12, 2024
Viad Corp posted an investor presentation at www.viad.com on September 12, 2024.
Viad appoints Jill Bright to Board as Preferred Director under Crestview agreement
Jill Bright appointed to Viad Corp Board by Crestview Partners IV GP, effective August 12, 2024.
Viad Q2 beats: EPS $0.97 vs $0.33 YoY; raises GES outlook, Jasper wildfire clouds Pursuit
Revenue $378.5M (+18.2% YoY); net income $29.3M vs $11.0M; diluted EPS $0.97 (adj. $0.97).
All team members and guests of Pursuit's Banff Jasper Collection evacuated safely; six lodging properties not reached by wildfire.
Wildfire entered Jasper townsite July 24; all Pursuit team members and guests safely evacuated.
Crestview Parties notified Viad board on July 17, 2024 of intent to remove LaValley as director, effective immediately.
Viad Corp acquires Jasper SkyTram for ~$18M US (7x EBITDA); July close
Acquisition price $25M Canadian (~$18M US); adjusted EBITDA buy-in multiple ~7x.
Derek P. Linde appointed President of GES, expands Viad COO role; Moster steps down as GES President
Linde named President of GES effective June 3, 2024, while retaining Viad COO role.
Viad posts investor presentation for May 2024 meetings; no financial details disclosed.
Investor presentation posted on May 23, 2024, for investor meetings.
Viad Corp shareholders re-elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting
Directors Richard H. Dozer and Virginia L. Henkels re-elected with ~23.3M and ~23.1M votes for, respectively.
Viad Q1 revenue up 5% to $274M, adjusted EBITDA grows 27%; maintains FY guidance
Net loss attributable to Viad $25.1M vs $20.9M loss in Q1 2023; adjusted net loss improved to $21.7M.
Viad Corp reduces term loan rate by 0.75% to SOFR+4.25% via Fourth Amendment
April 26, 2024 amendment lowers applicable rate on existing term loans by 75 bps to SOFR+4.25%.
Viad launches repricing of $400M Term Loan B; reaffirms FY2024 outlook within prior ranges
Initiates process to reprieve credit spread on $400M Term Loan B ($320M outstanding at March 31, 2024).
Viad Corp posts March 2024 investor presentation; no specific material updates from filing text
Filing reports Regulation FD disclosure of investor presentation posted on company website on March 13, 2024.
Viad Corp Reports 2023 Fourth Quarter and Full Year Results
Full year revenue of $1.24 billion, up 9.9% year-over-year, driven by Pursuit and GES growth.
Viad Corp posts investor presentation on website for upcoming investor meetings
Presentation posted on November 15, 2023, on Viad's website under the Investor Relations section.
Viad Q3 adj EBITDA $86.3M (+$4.3M YoY); raises FY guidance low end
Pursuit Q3 revenue $186.9M (+14.1% YoY), adj EBITDA $91.8M (+$16.7M) – record quarter.
Viad boosts revolver by $70M, uses proceeds to prepay higher-cost Term Loan B
Revolving commitments increased by $70M to $170M total; $10M CAD swing line added.
Viad Q2 revenue flat at $320M; net income falls to $11M; raises FY guidance on GES strength
Q2 revenue $320.3M (flat YoY); net income attrib. $11.0M vs $19.8M; adj. EBITDA $42.9M vs $47.5M.
Viad shareholders reelect directors, ratify auditor, approve say-on-pay at annual meeting
Directors Mace and Schechter reelected with ~22.9M votes each; 1.1M broker non-votes.
Viad Q1 revenue up 47% to $260.8M, raises full-year guidance
Revenue $260.8M vs $177.4M YoY; net loss improved to $20.9M from $29.0M.
Viad Corp amends credit agreement, sets minimum interest coverage ratio at 2.00x
Second Amendment to Credit Agreement dated March 28, 2023.
Audit Committee concludes unaudited Q3 2022 financials should no longer be relied upon due to error in accounting for Sky Lagoon finance lease in Iceland.
Viad Corp announces Q4 and full year 2022 results; no specific financial figures provided in filing
Press release issued on February 9, 2023, announcing earnings for Q4 and full year ended December 31, 2022.
Viad sells audio-visual unit ON Services for ~$30M to fund Pursuit growth
Closed sale of ONS assets for ~$30M subject to working capital adjustments.
Viad Corp Announces David W. Barry to Resume as President of Pursuit
David W. Barry will resume his role as President of Pursuit on or about November 28, 2022.
Viad Corp reports Q3 2022 earnings; no financial details in furnished exhibit
Issued press release and posted investor presentation for Q3 2022 results on Nov 3, 2022.
President of Pursuit David Barry takes medical leave; Derek Linde appointed Interim President
David W. Barry, President of Pursuit, began medical leave effective Oct 7, 2022.
Pursuit President David Barry to take medical leave; Derek Linde named interim President
David Barry diagnosed with medical condition requiring surgery and temporary leave of several months.
Mr. Bosco will succeed Leslie Striedel, Chief Accounting Officer of the Company, who, as previously disclosed, is stepping down from her role at the Company, effective as of June 30, 2025.
On May 22, 2025, the Board of Directors (the “Board”) of Pursuit Attractions and Hospitality, Inc. (the “Company”) appointed Michael Bosco to serve as the Company’s Senior Vice President, Chief Accounting Officer, effective July 1, 2025 (the “Effective Date”).
Transaction-Related Compensation and Executive Departures In connection with the Transaction, Derek P. Linde, Chief Operating Officer of the Company and President
David W. Barry, the current President of Pursuit, to serve as the Company’s President and Chief Executive Officer, contingent upon and effective as of the closing of the Transaction.
Steven W. Moster, President and Chief Executive Officer of the Company, who will step down from his role at the Company, contingent upon and effective as of the closing of the Transaction.
On August 12, 2024, Jill Bright was appointed to the Board of Directors (the “Board”) of Viad Corp (the “Company”).
On July 17, 2024, Crestview Partners IV GP, L.P. and affiliated entities (the “Crestview Parties”) notified the Board of Directors (“Board”) of Viad Corp (the “Company”) of their intent to remove Sung-Chul Patrick T. LaValley as a member of the Board, effective immediately.
In connection with Mr. Linde’s appointment as President of GES, Mr. Moster stepped down from that role.
On May 31, 2024, the Board of Directors of Viad Corp (the “Company”) appointed Derek P. Linde as Chief Operating Officer of the Company and President of GES, with such appointment to be effective June 3, 2024.
Derek Linde, who assumed the role of Interim President of Pursuit during Mr. Barry’s absence, will continue in his role of Chief Operating Officer, General Counsel and Corporate Secretary, effective as of the date of Mr. Barry’s return.
David W. Barry will resume his role as President of Pursuit on or about November 28, 2022
Derek Linde, the Company’s Chief Operating Officer, General Counsel and Corporate Secretary, has assumed the additional role of Interim President of Pursuit
Max materiality 1.00 · Median 0.60 · Most common event earnings