Alterra Raise $3 Billion
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The Alterra Mountain Company which was established in 2017 and run 17 of North America's leading ski areas including Mammoth, Deer Valley, Palisades, Steamboat and Tremblant, are reported to have raised a further $3 billion to invest in improvements at their resorts.
The investment comes from KSL Partners, a $21 billion private equity firm, and will be used to complete building projects and possibly buy more resorts.
The company is the main rival to Vail Resorts which now own more than 40 ski areas in the US, Canada, Australia and Switzerland and its Epic Pass, Alterera's version is the Ikon pass.
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Started by J2SkiNews in Ski News 05-Feb-2024 - 1 Reply
J2SkiNews posted 05-Feb
The Alterra Mountain Company which was established in 2017 and run 17 of North America's leading ski areas including Mammoth, Deer Valley, Palisades, Steamboat and Tremblant, are reported to have raised a further $3 billion to invest in improvements at their resorts.
The investment comes from KSL Partners, a $21 billion private equity firm, and will be used to complete building projects and possibly buy more resorts.
The company is the main rival to Vail Resorts which now own more than 40 ski areas in the US, Canada, Australia and Switzerland and its Epic Pass, Alterera's version is the Ikon pass.
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The Snow Hunter
J2SkiNews
reply to 'Alterra Raise $3 Billion' posted 07-Feb
And they've already announced they're buying resort 18, Arapahoe Basin.
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The Snow Hunter
Topic last updated on 07-February-2024 at 11:20