Pursuit Attractions and Hospitality, Inc. announced that it has completed the acquisition of Inversiones Turísticas Arenal, S.A. $(ITA)$, the owner and operator of Tabacón Thermal Resort and Spa in Arenal, Costa Rica. The transaction, finalized on July 1, 2025, involved the purchase of all issued and outstanding shares of ITA for $111 million in cash. The final purchase price is subject to post-closing adjustments related to indebtedness, deferred revenue, and working capital, as well as amounts retained in an escrow account to secure post-closing indemnification claims. The acquisition was financed through borrowings under Pursuit Attractions and Hospitality's revolving credit facility.
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