M&A Deal Summary

Vail Resorts Acquires Mt. Mansfield Co.

On February 21, 2017, Vail Resorts acquired leisure company Mt. Mansfield Co. from AIG for 50M USD

Acquisition Highlights
  • This is Vail Resorts’ 6th transaction in the Leisure sector.
  • This is Vail Resorts’ 6th largest (disclosed) transaction.
  • This is Vail Resorts’ 5th transaction in the United States.
  • This is Vail Resorts’ 1st transaction in Vermont.

M&A Deal Summary

Date 2017-02-21
Target Mt. Mansfield Co.
Sector Leisure
Buyer(s) Vail Resorts
Sellers(s) AIG
Deal Type Divestiture
Deal Value 50M USD

Target

Mt. Mansfield Co.

Stowe, Vermont, United States
Mt. Mansfield Co., Inc. (Stowe Mountain Resort) is a premier, high-end resort for skiers and snowboarders on the East Coast.

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Buyer(S) 1

Buyer

Vail Resorts

Broomfield, Colorado, United States

Category Company
Founded 1962
Sector Leisure
Employees7,600
Revenue 2.9B USD (2024)
DESCRIPTION
Entrance to Vail Resorts' corporate headquarters in Broomfield, Colorado.
Entrance to Vail Resorts' corporate headquarters in Broomfield, Colorado.

Vail Resorts is a mountain resort operator. The Company's subsidiaries operate 10 world-class mountain resorts and two urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Canyons and Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Perisher, Australia; and Afton Alps in Minnesota and Mt. Brighton in Michigan. Vail Resorts was founded in 1997 and is based in Broomfield, Colorado.


DEAL STATS #
Overall 6 of 11
Sector: Leisure M&A 6 of 11
Type: Divestiture M&A Deals 2 of 3
State: Vermont M&A 1 of 2
Country: United States M&A 5 of 8
Year: 2017 M&A 1 of 1
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-08 Whistler Blackcomb

Broomfield, Colorado, United States

Whistler Blackcomb is a four season mountain resort business. Whistler Blackcomb offers a variety of activities, including hiking and biking trails, the Whistler mountain bike park, and sightseeing on the PEAK 2 PEAK Gondola. Whistler Blackcomb was founded in 1966 and is based in Broomfield, Colorado.

Buy $1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-27 Triple Peaks

Ludlow, Vermont, United States

Triple Peaks LLC manages and operates ski and golf resorts for skiers, riders, and families. The company also operates hospitality and conference operations. It operates Okemo Mountain Resort in Ludlow, Vermont, a ski and golf resort; Mount Sunapee Resort in Newbury, New Hampshire; and Crested Butte Mountain Resort in Crested Butte, Colorado.

Buy $74M

Seller(S) 1

SELLER

AIG

New York, New York, United States

Category Company
Founded 1919
Sector Insurance
Employees22,200
Revenue 27.3B USD (2024)
DESCRIPTION

AIG is an international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. American International Group was incorporated in 1919 and is based in New York City.


DEAL STATS #
Overall 15 of 22
Sector: Leisure M&A 1 of 1
Type: Divestiture M&A Deals 15 of 20
State: Vermont M&A 1 of 1
Country: United States M&A 9 of 13
Year: 2017 M&A 1 of 1
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 AIG Fuji Life Insurance Co.

Tokyo, Japan

AIG Fuji Life Insurance Co. Ltd. (AFLI) is a provider of an competitive life insurance products and new distribution channels.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-22 Validus Re

Pembroke, Bermuda

Validus Re is a provider of reinsurance and insurance, conducting its operations worldwide through two wholly-owned subsidiaries, Validus Reinsurance, Ltd. and Talbot Holdings Ltd. The company is a Bermuda-based reinsurer focused on short-tail lines of reinsurance. Talbot is the Bermuda parent of the specialty insurance group primarily operating within the Lloyd's insurance market through Syndicate 1183. Validus Re was founded in 2005 and is based in Pembroke.

Buy $5.6B