Pursuit Attractions & Hospitality, Inc.

Pursuit Attractions and Hospitality, Inc. operates immersive entertainment experiences through its Flyover brand portfolio, which includes attractions in Canada, Chicago, Las Vegas, and Iceland. The company specializes in creating innovative, technology-driven visitor experiences that combine motion simulation, 4D effects, and cinematic storytelling to transport guests to iconic destinations and natural wonders.

The business operates through multiple reportable segments corresponding to its geographic locations. Flyover Canada represents a significant portion of the company's revenue and operates in British Columbia. Flyover Chicago and Flyover Las Vegas serve major U.S. metropolitan markets with high tourist traffic. Flyover Iceland extends the brand's international presence in a growing tourism market. Each location features proprietary motion-based theater technology and custom-developed content designed to appeal to both domestic and international visitors.

The company's core competitive advantages include its proprietary technology platform developed in partnership with Brogent Technologies, Inc., a Taiwan-based technology company that serves as guarantor under this transaction. The Flyover attractions utilize patented motion simulation systems and immersive visual experiences that create differentiated entertainment offerings compared to traditional theme park attractions or passive viewing experiences.

Pursuit Attractions and Hospitality operates as a subsidiary within the broader Pursuit portfolio of tourism and hospitality businesses. The company generates revenue through admission fees, with additional revenue streams from ancillary services and merchandise. The business model relies on consistent visitor traffic from both local residents and international tourists, with seasonal variations typical of attraction-based businesses.

This equity purchase agreement dated January 21, 2026, represents the acquisition of Pursuit's Flyover attractions business by Flyover Attractions B.V., a Netherlands corporation, with Brogent Technologies providing guarantees for the transaction. The transaction values the business at a base purchase price of $78.4 million, subject to working capital and other customary adjustments. The acquisition includes all equity interests in the operating entities across the United States, Canada, and Iceland, along with associated intellectual property, contracts, and operational assets necessary to continue the attractions' operations.