Press Release: H.I.G. Capital Completes Acquisition of Shore Excursions Group

Dow Jones
2025/12/16
SAN FRANCISCO, Dec. 16, 2025 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), 
a leading global alternative investment firm with $71 billion of capital 
under management, is pleased to announce that one of its affiliates has 
completed the acquisition of Shore Excursions Group, LLC ("Shore 
Excursions Group" or the "Company"), a leading provider of onshore tours 
and excursions for cruise passengers. 
 
 
 
   Founded in 2008 and headquartered outside of Fort Lauderdale, Florida, 
Shore Excursions Group is the world's largest independent shore 
excursions provider, having delivered more than five million tours 
across hundreds of ports globally. Led by a seasoned management team 
with deep cruise and travel industry expertise, Shore Excursions Group 
partners with vetted local operators to offer a curated portfolio of 
over 4,000 bespoke, small group experiences spanning all major cruise 
destinations. The Company reaches cruisers globally through thousands of 
travel agency partners as well as direct-to-consumer channels, supported 
by its proprietary booking platform and a commitment to award-winning 
service and value. As demand for more authentic, personalized travel 
continues to rise, Shore Excursions Group enables cruisers to access 
high-quality, competitively priced alternatives to traditional cruise 
line excursions. 
 
 
   Paul Kiritsy, CEO of Shore Excursions Group, said, "Shore Excursions 
Group provides cruise guests with more authentic, higher-quality 
experiences in the ports they visit around the world. We have built a 
trusted network of local partners, a broad portfolio of curated 
excursions, and a technology platform that enables us to deliver 
exceptional value to travelers and travel advisors alike. With H.I.G.'s 
support and expertise in scaling consumer and technology-enabled 
services businesses, we are well-positioned to enhance and expand our 
offerings and deepen our relationships across the travel ecosystem. We 
are excited for this next chapter of growth." 
 
 
   Tyler Levin, Managing Director at H.I.G., added: "Shore Excursions Group 
is a clear market leader with a compelling value proposition for 
travelers, travel advisors, and operator partners. We look forward to 
partnering with Paul and the entire Shore Excursions Group team to 
accelerate growth, invest in technology and product innovation, and 
continue delivering exceptional service to the Company's global customer 
base." 
 
 
   About Shore Excursions Group 
 
 
   Founded in 2008, Shore Excursions Group is the leading independent 
provider of curated shore excursions for cruise passengers worldwide. 
Today, the Company coordinates over 4,000 tours across hundreds of ports 
globally through a network of vetted tour operators and travel agency 
partners. Shore Excursions Group's customer-first culture is widely 
recognized by major travel publications for delivering high-quality, 
small-group experiences and seamless service, secured by the Company's 
Satisfaction, Low Price, and Return-to-Ship guarantees. To learn more 
about Shore Excursions Group, please visit shoreexcursionsgroup.com. 
 
 
   About H.I.G. Capital 
 
 
   H.I.G. Capital is a leading global alternative investment firm with $71 
billion of capital under management.* Based in Miami, and with offices 
in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and 
Stamford in the United States, as well as international affiliate 
offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, 
Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, 
H.I.G. specializes in providing both debt and equity capital to middle 
market companies, utilizing a flexible and operationally 
focused/value-added approach: 
 
 
   -- H.I.G.'s equity funds invest in management buyouts, recapitalizations, 
 
      and corporate carve-outs of both profitable as well as underperforming 
 
      manufacturing and service businesses. 
 
 
 
   -- H.I.G.'s debt funds invest in senior, unitranche, and junior debt 
 
      financing to companies across the size spectrum, both on a primary 
 
      (direct origination) basis, as well as in the secondary markets. H.I.G. 
 
      also manages a publicly traded BDC, WhiteHorse Finance. 
 
 
 
   -- H.I.G.'s real estate funds invest in value-added properties, which can 
 
      benefit from improved asset management practices. 
 
 
 
   -- H.I.G. Infrastructure focuses on making value-add and core plus 
 
      investments in the infrastructure sector. 
 
 
   Since its founding in 1993, H.I.G. has invested in and managed more than 
400 companies worldwide. The Firm's current portfolio includes more than 
100 companies with combined sales in excess of $53 billion. For more 
information, please refer to the H.I.G. website at hig.com. 
 
 
   *Based on total capital raised by H.I.G. Capital and its affiliates. 
 
 
   Contact: 
 
   Tyler Levin 
 
   Managing Director 
 
 
   tlevin@hig.com 
 
   H.I.G. Capital 
 
   One Sansome Street 
 
   37th Floor 
 
   San Francisco, CA 94104 
 
   P: 415.439.5500 
 
 
   hig.com 
 
 
 
 
 
    View original content to download 
multimedia:https://www.prnewswire.com/news-releases/hig-capital-completes-acquisition-of-shore-excursions-group-302642613.html 
 
 
 
   SOURCE H.I.G. Capital 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 16, 2025 09:33 ET (14:33 GMT)

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