Add-on Acquisition • Leisure

Boyne Resorts Acquires Shawnee Peak

On October 22, 2021, Boyne Resorts acquired leisure company Shawnee Peak

Acquisition Context

This is Boyne Resorts’ 1st transaction in the Leisure sector.
This is Boyne Resorts’ 1st transaction in the United States.
This is Boyne Resorts’ 1st transaction in Maine.

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M&A Deal Summary
Date	October 22, 2021
Target	Shawnee Peak
Sector	Leisure
Buyer(s)	Boyne Resorts
Deal Type	Add-on Acquisition

Target Company

Shawnee Peak

Bridgton, Maine, United States

Shawnee Peak is an operator of a resort that features two base areas providing access to 225 skiable acres served by four chairlifts and two surface lifts. Shawnee Peak is based in Bridgton, Maine.

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Buyer Overview 1

Buyer

Boyne Resorts

Petoskey, Michigan, United States

Category	Company
Sector	Leisure

DESCRIPTION

Boyne Resorts owns and operates eleven resort properties and an outdoor lifestyle equipment/apparel retail division with stores throughout Michigan. Boyne Resorts operations include snowsports and year-round mountain recreation, golf, an indoor waterpark, spas, food and beverage, lodging, and real estate development. Boyne Resorts is based in Petoskey, Michigan.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Leisure	1 of 1
Type: Add-on Acquisition	1 of 1
State: Maine	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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