Pursuit Attractions and Hospitality Inc. Acquires Tabacón Thermal Resort and Spa in $111 Million Deal

Reuters
09 Jul
Pursuit Attractions and Hospitality Inc. Acquires Tabacón Thermal Resort and Spa in $111 Million Deal

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pursuit Attractions and Hospitality Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-156629), on July 08, 2025, and is solely responsible for the information contained therein.

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