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)