M&A Deal Summary

Alterra Mountain Acquires Schweitzer

On June 1, 2023, Alterra Mountain acquired leisure company Schweitzer

Acquisition Highlights
  • This is Alterra Mountain’s 3rd transaction in the Leisure sector.
  • This is Alterra Mountain’s 2nd transaction in the United States.
  • This is Alterra Mountain’s 1st transaction in Idaho.

M&A Deal Summary
Date 2023-06-01
Target Schweitzer
Sector Leisure
Buyer(s) Alterra Mountain
Deal Type Add-on Acquisition

Target

Schweitzer

Sandpoint, Idaho, United States
website
Schweitzer is a largest ski area destination offers 2,900 acres of big mountain terrain with stunning views of Lake Pend Oreille, Washington, Montana, and Canada. Schweitzer is based in Sandpoint, Idaho.

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Buyer(S) 1

Buyer

Alterra Mountain

Denver, Colorado, United States

website

Category Company
Sector Leisure
DESCRIPTION

Alterra Mountain Co. is a family of 14 iconic year-round destinations, including the world’s largest, heli-ski operation, offering the Ikon Pass, the new standard in season passes. Alterra Mountain Co. owns and operates a range of recreation, hospitality, real estate development, food and beverage, retail and service businesses. Headquartered in Denver, Colorado, with destinations across the continent, Alterra Mountain Company is rooted in the spirit of the mountains and united by a passion for outdoor adventure.

DEAL STATS #
Overall 3 of 5
Sector (Leisure) 3 of 5
Type (Add-on Acquisition) 3 of 4
State (Idaho) 1 of 1
Country (United States) 2 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-30 CMH Purcell

Golden, British Columbia, Canada

CMH Purcell is a provider of heli-skiing which includes a 13-acre lot with a day lodge and heliport, and a tenure license for 495,000 acres of wide-open glaciers, high alpine bowls, and gladed subalpine forest in Golden, British Columbia, adjacent to CMH’s current Bobbie Burns tenure. CMH Purcell is based in Golden, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 Arapahoe Basin

Dillon, Colorado, United States

Arapahoe Basin hosts the longest ski and ride season ski with a laid-back culture and vibe. Arapahoe Basin also hosts unique events, some of Colorado’s most adventurous terrain, and gourmet culinary experiences throughout the season. Arapahoe Basin was founded in 1946 and is based in Dillon, Colorado.

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