M&A Deal Summary

Alterra Mountain Acquires CMH Purcell

On August 30, 2021, Alterra Mountain acquired leisure company CMH Purcell

Acquisition Highlights
  • This is Alterra Mountain’s 2nd transaction in the Leisure sector.
  • This is Alterra Mountain’s 1st transaction in Canada.
  • This is Alterra Mountain’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2021-08-30
Target CMH Purcell
Sector Leisure
Buyer(s) Alterra Mountain
Deal Type Add-on Acquisition

Target

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.

Search 201,839 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 2 of 5
Sector (Leisure) 2 of 5
Type (Add-on Acquisition) 2 of 4
State (British Columbia) 1 of 2
Country (Canada) 1 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-13 Sugarbush Resort

Warren, Vermont, United States

Sugarbush Resort is a year-round mountain destination located in the scenic Mad River Valley of Vermont with two distinct mountains - Mt. Ellen and Lincoln Peak - that are joined by a two-mile high-speed quad. Sugarbush also has a fully appointed health and recreation club, multiple lodging properties, and the Sugarbush Resort Golf Club with an 18-hole Robert Trent Jones Sr.-designed golf course. It is also a popular destination for weddings and conferences.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-01 Schweitzer

Sandpoint, Idaho, United States

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.

Buy -
Mergr

Product

Company

Legal