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Announced

TPG Capital and Canada Pension Plan Investment Board to invest $500m in Viking Cruises.

Financials

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Transaction Value£379m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cruise line

Acquisition

Pending

Private Equity

Cross Border

Friendly

Minority

Single Bidder

Private

United States

Marine Transportation

Synopsis

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Investment companies TPG Capital and Canada Pension Plan Investment Board agreed to invest $500m in Viking Cruises, a cruise line providing river, ocean, and expedition cruises. "We are excited to deepen our partnership with Tor and the entire Viking team. Viking is truly a special company that continues to set the standard for the industry. We know that Viking’s guests are eager to get back to safely exploring the world in comfort, and are confident that the company will continue to deliver a differentiated experience for its guests in the years to come," Paul Hackwell, TPG Capital Partner.

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