M&A Deal Summary

Gart Capital Partners Acquires Powderhorn Mountain Resort

On August 5, 2011, family office Gart Capital Partners acquired leisure company Powderhorn Mountain Resort for 1M USD

Acquisition Highlights
  • This is Gart Capital Partners’ 1st transaction in the Leisure sector.
  • This is Gart Capital Partners’ largest (disclosed) transaction.
  • This is Gart Capital Partners’ 3rd transaction in the United States.
  • This is Gart Capital Partners’ 2nd transaction in Colorado.

M&A Deal Summary

Date 2011-08-05
Target Powderhorn Mountain Resort
Sector Leisure
Buyer(s) Gart Capital Partners
Deal Type Special Situations/Distressed
Deal Value 1M USD

Target

Powderhorn Mountain Resort

Mesa, Colorado, United States
Powderhorn Mountain Resort is an operator of Colorado ski resort. Powderhorn is a 45-minute drive from Grand Junction and four hours from Denver. It features 1,600 skiable acres and a 1,650-foot vertical drop and attracts an estimated 75,000 skiers and snowboarders annually with a reported average annual snowfall of 250 inches. Powderhorn Mountain was founded in 1966 and is based in Mesa, Colorado.

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Buyer(S) 1

Buyer

Gart Capital Partners

Denver, Colorado, United States

Investor Investor Investor


Category Family Office
Founded 1992
Size Small
Type Sector Focused
DESCRIPTION

Gart Capital Partners is the private equity investment arm of The Gart Companies, a private company that also acquires, develops and manages real estate. GCP focuses on management buyouts and recapitalizations of growth companies with strong market positions. Gart will also consider select turnaround investments. Gart Capital Partners is based in Denver, Colorado.


DEAL STATS #
Overall 3 of 7
Sector (Leisure) 1 of 1
Type (Special Situations/Distressed) 2 of 2
State (Colorado) 2 of 4
Country (United States) 3 of 7
Year (2011) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-07 GolfTEC Intellectual Property

Englewood, Colorado, United States

GolfTEC Intellectual Property LLC is a provider of premium golf lessons and club fittings. GolfTEC company combines the skills of PGA teaching professionals with a patented blend of video, motion analysis, launch analysis and biofeedback technology aimed at helping golfers improve their golf skills and, ultimately, derive more enjoyment from the game. GolfTEC Intellectual Property was founded in 1995 and is based in Englewood, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-03 Magellan s Travel Supplies

Santa Barbara, California, United States

Magellan's Travel Supplies is a retailer of travel goods and clothing.

Buy -