Vail Resorts Acquires Seven Springs, Hidden Valley and Laurel Mountain Ski Areas
December 31, 2021
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.
- Buyers
- Vail Resorts, Inc.
- Targets
- Seven Springs Mountain Resort, Hidden Valley Resort, Laurel Mountain Ski Area
- Sellers
- Seven Springs Mountain Resort, Inc. and its affiliates
- Industry
- Restaurants & Hospitality
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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