Bison Capital V, LP Announces Sale of Aqua Expeditions

Santa Monica, CA (January 16, 2025): Aqua Expeditions PTE. LTD. (“Aqua” or the “Company”), a portfolio company of Bison Capital Partners V, LP (“Bison Capital”), has announced the sale of Aqua to Ponant Explorations Group (“Ponant”), a subsidiary of Artémis Group (“Artémis”). Aqua is an award-winning small ship expedition company renowned for its exceptional river and ocean cruises in South America, Southeast Asia, and beyond. Bison Capital invested in Aqua in November of 2018.

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About Aqua Expeditions:

A recognized global leader in luxury small-ship expeditions, Aqua Expeditions explores the world’s most biodiverse and culturally significant destinations aboard best-in-class vessels of stylish contemporary design. Expect tailored five-star itineraries, a highly exclusive 1:1 crew-to-guest ratio with personalized service, world-class dining, and small group expert-guided activities and excursions, with a maximum of 16-40 guests per ship. Aqua Expeditions currently operates river explorations in the Peruvian Amazon and the Mekong Delta (Cambodia and Vietnam), and coastal yacht voyages in East Indonesia — Komodo National Park, Ambon and the Spice Islands, Raja Ampat, and Asmat — and the Galapagos Islands.

ABOUT BISON CAPITAL

Bison Capital is a Los Angeles based private equity firm that makes growth capital investments in middle-market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses. www.bisoncapital.com