Today Aspen Skiing Company and KSL Capital Partners, a private equity firm, announced the completion of the purchase of Mammoth Resorts. Rusty Gregory, CEO of Mammoth Mountain for 21 years and investor in the new company, is stepping aside to become a senior strategic advisor. Mark Brownlie, chief operating officer of Mammoth Resorts will continue as COO and has also been named president.
This transaction along with the completion of the purchase of Intrawest's ski holdings combines 12 ski areas that range from Stratton Mountain in Vermont to Mount Tremblant in Quebec to Steamboat and Winter Park in Colorado to Mammoth and Squaw Valley in California.
No terms of the Mammoth Resorts deal were disclosed in today's news release.
