Entertainment Cruises has received Gananoque Boat Line (GBL), a Gananoque, Ontario-based tour boat operator in the Thousand Islands.
No financial terms have been disclosed. The dealers had been Harry Clarke and Chris McCarney. The enterprise will preserve to function independently below the existing GBL emblem and continue to be based regionally.
Entertainment Cruises, a Chicago-primarily based eating, and sightseeing cruise organization, stated the deal, which follows remaining yr’s acquisition of Toronto-primarily based Mariposa Cruises, extends its Canadian presence and grows its portfolio to fifty-three vessels.
Entertainment Cruises is a portfolio organisation of PPC Partners, a U.S. Mid-market private fairness company.
Entertainment Cruises Acquires Gananoque Boat Line
Expanding Canadian Presence with Dining and Sightseeing Cruises at the St. Lawrence River
CHICAGO, May 2, 2019,/CNW/ — Entertainment Cruises, the nation’s main dining, and sightseeing cruise enterprise, today confirmed the purchase of 1000 Islands operator, Gananoque Boat Line (“GBL”). The of the entirety of the transaction similarly extends the company’s presence in Canada, in which it already owns Toronto-based totally Mariposa Cruises and expands its portfolio to 53 vessels serving upwards of two.6 million visitors across 12 places in North America.
“Gananoque Boat Line is greater than just a boat organization; it’s far a cornerstone of the local community,” stated Kenneth Svendsen, CEO of Entertainment Cruises. “As an employer, Entertainment Cruises prides itself on our involvement in, and partnership with, the communities we serve, so the bringing collectively of our companies felt like a natural healthy. The acquisition of Gananoque Boat Line marks any other thrilling step in our agency’s growth approach and is a sign of our persisted commitment to the cruises and events industry.”
“The a thousand Islands location, with its limitless beaches and superb herbal beauty, is a place best explored on water,” stated Paul Sanett, Vice President Marketing & Growth of Entertainment Cruises. “We are excited to have observed such an attractive opportunity on the idyllic St. Lawrence River, and together, look ahead to extending our imparting and offer remarkable reviews to our visitors in this marketplace.”
Gananoque Boat Line is the 1000 Islands biggest hospitality cruise operator. Its fleet of all-aluminum, triple-decker vessels provide scenic eating, sightseeing, unique events or personal charter cruises for up to 500 guests from its Gananoque base, which is positioned, some 3 hours from Toronto, 2 hours from Ottawa, and 3 hours from Montreal. The city is likewise simply 15 minutes from the border crossing into New York State through the one thousand Islands Bridge.
“Gananoque Boat Line has come an extended way given that 1951 whilst 3 Gananoqueans started out running the Lindas at the St. Lawrence,” stated Harry Clarke and Chris McCarney, owners of GBL. “The enterprise’s fulfillment over the past 68 years is due, in no small element, to the support of the town and those of Gan. As a part of industry-main Entertainment Cruises, the boat line, its crew, the humans and metropolis will advantage from an engaged associate that understands the importance of network, is dedicated to protecting the waterways on which it sails and may convey a stage of scale and scope that secures the boat line’s future for many years to return. This is a bittersweet day, however, we sense excited for Gananoque Boat Line below their management.”
Going ahead, Kenneth Svendsen, CEO of Entertainment Cruises will lead the newly merged business enterprise. Neil McCarney, currently Operations Manager of Gananoque Boat Line, can be promoted to General Manager. Given its longstanding and fashionable heritage, the enterprise will maintain to perform underneath the Gananoque Boat Line brand and could remain centered at its Gananoque base. It is expected that there may be no effect to current operations at this time, with each groups operating independently for the foreseeable future.
Today’s assertion reaffirms Entertainment Cruises’ endured confidence inside the area in which it now owns and operates a portfolio of nine exclusive, award-prevailing dining cruise, sightseeing, private charter and water taxi manufacturers in coveted destinations together with Alexandria VA, Baltimore, Boston, Chicago, National Harbor, Norfolk VA, Philadelphia, New York, Weehawken NJ, Washington D.C., Toronto, and now Gananoque, Ontario.
Over the ultimate 5 years, Entertainment Cruises has invested over $50 million in its fleet, technology, and guest stories, and currently released Odyssey Chicago River, a pricey glass-enclosed dining cruise vessel with an entirely new 360-diploma panoramic angle. The employer has also just finished an iciness application of innovative upgrades and upgrades across a couple of vessels in a force to end up even extra visitor-centric, unveiling a multi-million dollar transformation of Odyssey III, its highly-priced Washington, D.C. Flagship eating vessel last month.