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  1. Deals Analysis
May 23, 2022

North America’s tourism & leisure industry saw a rise of 14.29% in deal activity during April 2022

By Carmen

North America’s tourism & leisure industry saw a rise of 14.29% in deal activity during April 2022, when compared with the last 12-month average, led by Infinite Reality’s $470m acquisition of ReKTGlobal, according to GlobalData’s deals database.

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A total of 24 tourism & leisure industry deals worth $955.7m were announced for the region in April 2022, against the 12-month average of 21 deals.

Of all the deal types, M&A saw most activity in April 2022 with ten transactions, representing a 41.7% share for the region.

In second place was private equity with seven deals, followed by venture financing deals with seven transactions, respectively capturing a 29.2% and 29.2% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in North America’s tourism & leisure industry with $599.06m, while private equity and venture financing deals totalled $343m and $13.67m, respectively.

North America tourism & leisure industry deals in April 2022: Top deals

The top five tourism & leisure deals accounted for 98.6% of the overall value during April 2022.

The combined value of the top five tourism & leisure deals stood at $942.06m, against the overall value of $955.7m recorded for the month.

The top five tourism & leisure industry deals of April 2022 tracked by GlobalData were:

1) Infinite Reality $470m acquisition deal with ReKTGlobal

2) The $293m private equity of 30% stake in OEG Attractions Holdings by Atairos Management and NBCUniversal Media

3) Better Collective $113.31m acquisition of Futbin

4) The $50m private equity of Bar Partners by Surge Private Equity

5) Remington Hotels $15.75m acquisition deal with Chesapeake Hospitality

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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