intrawest resorts holdings
Affiliates of KSL Capital Partners and Henry Crown and Company Complete Transactions to Combine Three Major Resort Companies
Squaw Valley Ski Holdings | July 31, 2017
DENVER--July 31, 2017--The new joint venture formed by affiliates of KSL Capital Partners, LLC ("KSL") and Henry Crown and Company ("HCC") today announced the completion of their previously announced acquisition of Intrawest Resorts Holdings, Inc. (NYSE: SNOW) ("Intrawest") and Mammoth Resorts. Through these transactions, Squaw Valley Ski Holdings ("SVSH"), previously owned by affiliates of KSL, Intrawest and Mammoth Resorts are now combined as one company. This new entity boasts 12 four-season mountain resorts with approximately six million skier visits, 20,000 skiable acres and significant land available for real estate development, a...
Intrawest Resorts Holdings, Inc. to Be Acquired by Affiliates of Aspen Skiing Company and KSL Capital Partners
Intrawest Resorts Holdings, Inc. | April 11, 2017
ASPEN,Colo. & DENVER--April 11, 2017--Intrawest Resorts Holdings, Inc. (NYSE: SNOW), a leading North American mountain resort and adventure company, today announced that it has entered into a definitive agreement to be acquired by a newly-formed entity controlled by affiliates of the Aspen Skiing Company, L.L.C. ("Aspen") and KSL Capital Partners, LLC ("KSL"). Under the terms of the merger agreement, Intrawest stockholders will receive $23.75 in cash for each share of Intrawest common stock, representing a total valuation of approximately $1.5 billion including debt obligations to be assumed or refinanced net of cash at closing. The...
