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Group of investors led a $85m funding round in Lindblad Expeditions.

Synopsis

A group of investors including MSD Partners, Durable Capital, Headlands Capital, Deep Field Asset Management and Declaration Capital led a $85m funding round in Lindblad Expeditions, an expedition travel company. "Since the global Covid-19 pandemic began, we have taken a variety of proactive measures to ensure that Lindblad is sufficiently capitalized to withstand this downturn and emerge in a position of strength. I am happy to report that we have secured $85m of additional capital from this outstanding, diversified group of experienced long-term investors," Sven-Olof Lindblad, Lindblad Expeditions President and CEO.

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