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High materiality8/10

Pursuit sells Flyover for $75 million to refocus capital on core growth

Jul 31, 2026, 6:05 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Cash proceeds enhance balance sheet and enable buybacks/growth capex; aligns with Vision 2030, reducing non-core exposure and potentially lifting valuation.

AI summary

What happened, with direct paths to the underlying reporting

Pursuit completed the Flyover sale to Brogent for $75 million, down from $78.4 million, with adjustments. The company frames the deal as refinements to its Vision 2030 strategy, enabling greater investment in core attractions, strategic acquisitions, and buybacks. The step sharpens Pursuit’s growth trajectory by reallocating capital to high-return opportunities.

  • Pursuit sells Flyover to Brogent for $75 million, subject to adjustments.
  • Deal implies ~14.5x Flyover’s 2025 Adjusted EBITDA contribution.
  • Original price was $78.4 million; reduction offset by closing-period earnings.
  • Flyover delivered 1.4 million visitors in 2025 across four locations.
  • Pursuit will reinvest in core attractions, acquisitions, and opportunistic share repurchases.

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