Project West Wind – Destination Services and Tour Operations Platform

The Company is an established destination services and tour operations platform serving Western Canadian tourism markets. With more than a decade of operating history, it delivers contracted visitor programs, guided visitor experiences, private group experiences, and related travel services through coordinated operating, partner, and digital channels. A majority contracted revenue base, experienced team, longstanding industry relationships, and scalable systems support continued growth.

• Contracted and diversified revenue model: A majority of revenue is generated through recurring visitor-program arrangements, complemented by multiple direct and intermediary channels.
• Scalable service delivery: Internal capabilities, partner relationships, and digital booking infrastructure support growth without significant fixed-capital requirements.
• Experienced operating team: Established executive and functional coverage supports the business with limited reliance on shareholders.
• Demonstrated financial performance: FYE2025 revenue was between CAD $8.0M and $9.0M, with normalized EBITDA between CAD $1.25M and $1.50M.
• Attractive sector exposure: The Company operates within a large Canadian touroperator market supported by enduring demand for curated experiences.
• Multiple growth pathways: Geographic expansion, direct booking, price optimization, broader inventory, and adjacent guest services offer actionable upside.

Investment Highlights

• Resilient contracted base: Recurring program relationships support revenue visibility and seasonal planning.
• Proven growth and profitability: Revenue increased by more than 80% from FYE2022 to FYE2025, and normalized EBITDA exceeded CAD $1.25M in each of FYE2024 and FYE2025.
• Capital-efficient model: Partner-supported delivery and limited fixed-asset intensity enhance flexibility and scalability.
• Established market position: Long-standing tourism relationships, operating know-how, and multiple distribution channels create a differentiated platform.

Summary of Historical Performance in CAD

The Company generated FYE2025 revenue between CAD $8.0M and $9.0M, with normalized EBITDA between CAD $1.25M and $1.50M and a normalized EBITDA margin of approximately 15% to 17%.

Revenue increased by more than 80% from FYE2022 to FYE2025, representing a compound annual growth rate above 20%. Normalized EBITDA exceeded CAD $1.25M in each of FYE2024 and FYE2025. FYE2025 includes the initial operating period following a recent channel expansion, with no separate normalization for launch-related activity.

Growth Opportunities

• Expand contracted programs and regional coverage through additional visitor-industry relationships and carefully selected markets.
• Increase independent and direct bookings through targeted marketing, stronger conversion, and continued development of direct and intermediary sales channels.
• Optimize pricing, yield, and experience inventory using demand patterns, product mix, capacity, channel economics, selected partnerships, and complementary products.
• Develop adjacent guest services and ancillary sales channels that leverage existing customer access, operating relationships, and scalable systems.

Sale Information

• Type of Sale: Share Sale on a cash-free and debt-free basis, subject to normal working capital.
• Ideal Buyer Profile: Best suited to a strategic acquirer in tourism, transportation, travel distribution, or destination services; a private equity platform; or an experienced operator seeking a scalable Western Canadian platform.
• Reason for Sale: Ownership succession and lifestyle planning, with a focus on preserving service quality and supporting future growth.
• Facilities & Operations: Leased operating premises, supported by partner-based service delivery, experienced personnel, and digital booking infrastructure.
• Revenue & Client Mix: A majority contracted revenue base, complemented by independent traveller, private group, direct, intermediary, commission, and ancillary sales channels.
• Process & Next Steps: Qualified parties may request the Process Letter and execute a Non Interference and Non-Disclosure Agreement before receiving identifying or additional confidential information.