Aspen Heads $1.5 Billion Venture and Combines Squaw Valley Holdings, Intrawest and Mammoth Resorts The new joint venture of KSL Capital Partners and Henry Crown and Company, the Crown family own Aspen Skiing CO. (SkiCo), announced yesterday that the $1.5bn purchase of Intrawest Resort Holdings and of Mammoth Resorts is now complete, reports sierrasun.com. The sale consolidates Squaw Valley Ski Holdings, KSL, Intrawest and Mammoth Resorts as one company with 12 mountains and 6m annual skier […] Industry News Steven Agar | August 1, 2017 15 Comments
KSL Capital Partners & Aspen Skiing To Acquire Intrawest For Nearly $1.5 Billion According to Nasdaq, Aspen Skiing and KSL Capital Partners, owners of Squaw Valley Alpine Meadows, are expected to acquire Intrawest Resort Holdings for about $1.5 billion, including debt. Intrawest stockholders are expected to receive $23.75 in cash for each share of Intrawest common stock, which adds up to the $1.5 billion purchase price, including debt. The compensation of $23.75 per share […] Industry News SnowBrains | April 10, 2017 1 Comment
Industry Expert: 32% of Ski Resorts Won’t Last Ski industry executives met this week at The Assembly 2015, a one-day forum that took place on the first day of the SIA Snow Show held at the Colorado Convention Center. They discussed challenges facing the industry, including climate change, an aging customer base and aging infrastructure. The most shocking news came from Bill Jensen, former Vail Resorts exec and CEO of Intrawest. Jensen astounded the crowd when he said he believes 150 ski areas are in “the sunset […] Industry News ameliatraynor | February 3, 2015 6 Comments
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