Alterra Mountain Company Acquires Arapahoe Basin

Alterra Mountain Company Acquires Ski Butlers

September 8, 2022

Restaurants & Hospitality

Alterra Mountain Company has acquired Ski Butlers, a Park City–based ski and snowboard rental delivery service that operates in ~50 resort destinations across North America and Europe. The acquisition will keep Ski Butlers as a standalone business and aims to expand guest services and equipment delivery across Alterra's resort portfolio to enhance the guest experience.

Alterra Mountain Company Acquires Schweitzer Mountain Resort

August 22, 2023

Restaurants & Hospitality

Alterra Mountain Company has completed its acquisition of Schweitzer Mountain Resort in Sandpoint, Idaho, expanding Alterra’s portfolio of year-round mountain destinations to 17 properties. Schweitzer’s existing CEO Tom Chasse will remain in place, and the MKM Trust/Capital will retain non-ski real estate and development holdings while Alterra assumes resort operations.

Alterra Mountain Company Acquires Mike Wiegele Helicopter Skiing

April 25, 2024

Restaurants & Hospitality

Alterra Mountain Company has closed the acquisition of Mike Wiegele Helicopter Skiing (MWHS) in Blue River, British Columbia, adding the premier heli‑skiing operator to its portfolio to complement CMH Heli‑Skiing & Summer Adventures. The deal preserves the Wiegele legacy while enabling Alterra to invest in sustainability, guest experience enhancements, and deeper community and First Nation partnerships.

Vail Resorts Acquires Crans-Montana Mountain Resort (Switzerland)

November 30, 2023

Restaurants & Hospitality

Vail Resorts, Inc. agreed to acquire Crans-Montana Mountain Resort in Valais, Switzerland from CPI Property Group, taking an 84% stake in Remontées Mécaniques Crans Montana Aminona (CMA) SA, an 80% stake in SportLife AG, and full ownership of 11 restaurants. The acquisition expands Vail's European resort network and will include Crans-Montana on select Epic Pass products; Vail expects to invest in capital projects and grow EBITDA through network synergies and Epic Pass inclusion.

Undisclosed Private Buyer Acquires Arapahoe Fire Protection

January 16, 2020

Industrial Services

Arapahoe Fire Protection, a Colorado-based full-service fire protection company founded in 1989, was acquired by an undisclosed private entity. SDR Ventures served as exclusive sell-side advisor and owner James Gray commented that the buyer values the business and its team as the company enters a new growth phase.

Vail Resorts Acquires Seven Springs, Hidden Valley and Laurel Mountain Ski Areas

December 31, 2021

Restaurants & Hospitality

Vail Resorts, Inc. has closed its acquisition of Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pennsylvania from Seven Springs Mountain Resort, Inc. and affiliates for approximately $118 million. The deal adds three regional ski areas (including lodging and conference facilities) to Vail's portfolio and will make the resorts available on select Epic Pass products to expand Vail's presence in the Pittsburgh and surrounding markets.