Spanos Barber Jesse & Co. Completes an Investment in Under Canvas Inc.
November 28, 2017
Spanos Barber Jesse & Co. (“SBJ”), a private investment firm with offices in the San Francisco Bay Area and Dallas, is pleased to announce that it has completed a recapitalization of Under Canvas Inc. (“Under Canvas”), one of the fastest growing adventure-hospitality brands in America that provides travelers with luxury canvas tent accommodations and an authentic outdoor experience. Terms of the transaction were not disclosed.
Under Canvas currently operates four specialized campsites near national parks in Zion, Moab, Yellowstone and Glacier. Guest accommodations include safari-inspired private canvas tents, luxury beds and linens, the option for ensuite bathrooms and showers, and guest services including curated adventures, outdoor dining options, daily housekeeping, and communal events.
“We are excited to be investing with Co-founders Sarah and Jacob Dusek, so they can deliver amazing outdoor experiences to even more guests at new camps across the U.S.,” said Tom Barber, Managing Director at SBJ. “Today’s consumers crave memorable experiences and staying with Under Canvas combines pristine landscapes, innovative tent design and hotel-like guest service to create a truly unique and unforgettable family vacation,” added Ben Landis, Principal at SBJ.
Co-founder and CEO Sarah Dusek added, “We are excited to partner with SBJ as we build and expand the Under Canvas brand. Our team looks forward to continued growth with new camps near Great Smoky Mountains, Grand Canyon and Mount Rushmore, amongst others, in the years to come.”Back to Press