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Deer Valley Resort to be Acquired by Newly Formed Resort Company and Joined with Intrawest, Mammoth Resorts, and Squaw Valley Ski Holdings

Deer Valley | August 21, 2017

DENVER, Colo. & PARK CITY, Utah--August 21, 2017--The newly formed entity controlled by affiliates of KSL Capital Partners, LLC and Henry Crown and Company that in July joined Intrawest Resorts Holdings, Inc., Mammoth Resorts, and Squaw Valley Ski Holdings today announced, with Deer Valley Resort, that they have entered into a definitive agreement for the newly formed entity to acquire Deer Valley Resort. Financial terms of the transaction were not disclosed. The transaction is subject to certain closing conditions and is anticipated to close prior to the upcoming 2017/18 ski season. "Deer Valley Resort is one of the preeminent moun...

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...

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