M&A Deal Summary

Alterra Mountain Acquires Mike Wiegele Helicopter Skiing

On April 25, 2024, Alterra Mountain acquired leisure company Mike Wiegele Helicopter Skiing

Acquisition Highlights
  • This is Alterra Mountain’s 5th transaction in the Leisure sector.
  • This is Alterra Mountain’s 2nd transaction in Canada.
  • This is Alterra Mountain’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2024-04-25
Target Mike Wiegele Helicopter Skiing
Sector Leisure
Buyer(s) Alterra Mountain
Deal Type Add-on Acquisition

Target

Mike Wiegele Helicopter Skiing

Blue River, British Columbia, Canada
Mike Wiegele Helicopter Skiing offers skiing and boarding services within every resort department. Mike Wiegele Helicopter Skiing is based in Blue River, British Columbia.

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Buyer(S) 1

Buyer

Alterra Mountain

Denver, Colorado, United States
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 5 of 5
Sector (Leisure) 5 of 5
Type (Add-on Acquisition) 4 of 4
State (British Columbia) 2 of 2
Country (Canada) 2 of 2
Year (2024) 2 of 2
PREVIOUS 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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