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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Wed Jun 21, 2017 12:19 pm 
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Dave's Run
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Looks like an Intrawest stockholder is suing Intrawest and wants the sale enjoined until resolution around valuation and discounted stock price in the sale.

KSL/Aspen not named in suit.

Interesting!

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Wed Jun 21, 2017 2:05 pm 
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Cornice Bowl
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powderpig wrote:
I know these folks will come in & give us a bunch of new lifts & infrastructure improvements, but I'm afraid it will be at the cost of the Mountain's soul & identity. If the Devils from Aspen/Ksl take away or make us pay to park at Stump it may be time to head back to UTAH! Such a fun place to hang out in the Spring.

I've heard all the Tahoe skiers the past 2 trips bitching that they've ruined Squaw Valley by reducing mid-week lift operations. If that bottom-line mentality is implemented here, it will help send the Soul of this magic place to Purgatory. Will more lifts, high priced lodging & facilities, higher lift tickets, pay for parking, etc., if they come to fruition, be worth the loss of our the identity & soul of MM.

I've always loved that MM keeps all lifts running mid-week, & always tries to keep lifts running during our fierce wind events. MM is just one hell of a great mountain to ski, with wind-buff like nowhere I've ever seen. Don't want to see this turn into another overpriced
soulless corporate clone!

I took a half hour off skiing today, hoping to talk to Rusty himself on the fourth floor but he was out of town. I expressed what concerns I had to a co-worker who said she would pass them on to him, & have him call or Email me. We'll see.

I hope I'm very wrong!


The statements coming from Aspen/KSL are that they do not want a uniform corporate model, that they believe in the individual areas retaining their own local cultures.

I have noted the local controversy over KSL closing parts of Squaw midweek. We observed this in person with Silverado closed on March 29, Liz' birthday. Liz later commented that instead of KSL running Mammoth, maybe they should let Rusty run Squaw!


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Wed Jun 21, 2017 6:37 pm 
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Rodger's Ridge
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ocboarder wrote:

Thanks for the link!

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Fri Jun 23, 2017 11:03 pm 
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Dave's Run
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Mammoth's atmosphere (such as it is) survived years of ownership by a real estate investment firm, so I'm not really worried about it loosing its character now. In my experience, the resorts at Aspen definitely have their own character, so I'm pretty hopefully they won't try to impose some "generic" atmosphere here.

Not exactly sure why everyone automatically assumes lift ticket prices will skyrocket more than they already have (will), or that Mammoth will adapt to KSL instead of vice versa. The mountain wasn't exactly being run as a non-profit the last few years...

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Jul 31, 2017 2:21 pm 
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Broadway
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Mammoth's acquisition closed. Rusty is now a Senior Strategic Advisor, an investor, and on the board of the new, to-be-named company. Mark Browlie becomes COO of Mammoth.

https://www.pehub.com/?p=3465400&lip...T85gzlg%3D%3D#


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Jul 31, 2017 3:36 pm 
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Center Bowl
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You all may know Mark Brownlie; I didn't and had to hit Google:

He's been running Mammoth ops for several years - which makes me feel better (I think).
Chief Operating Officer since Sept 2015, and VP-Mountain Ops from 2013 to 2015.

https://www.linkedin.com/in/mark-brownlie-1408472b/


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Jul 31, 2017 7:47 pm 
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Rodger's Ridge
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Who does Mark remind you of? I hear he's been doing a good job all these years.

And for those worry-warts...

Quote:
For the full 2017-18 winter season, the new company will continue to honor the existing pass products that are currently on sale, including the Rocky Mountain Super Pass +, the M.A.X. Pass, and the Mountain Collective. The new company expects to launch a new name and brand prior to the 2017/2018 ski season.

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Jul 31, 2017 8:05 pm 
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Dave's Run
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Seems like come fall they may offer an upgrade to some sort of "Epic-like" pass for those that already own Mammoth passes?


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 Post subject:
PostPosted: Tue Aug 01, 2017 12:46 am 
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Hemlock Ridge
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PE395 wrote:
some sort of "Epic-like" pass
...would be bought from aspensnowmass.com (no TBID), not Mammoth.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue Aug 01, 2017 8:00 am 
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Climax
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PE395 wrote:
Seems like come fall they may offer an upgrade to some sort of "Epic-like" pass for those that already own Mammoth passes?

That would be cool. Never been to Aspen...


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Aug 21, 2017 9:35 am 
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Dave's Run
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A Special Announcement
The newly formed entity controlled by affiliates of KSL Capital Partners, LLC (“KSL”) and Henry Crown and Company (“HCC”) that in July joined Intrawest Resorts, Mammoth Resorts and Squaw Valley Ski Holdings has entered into an agreement with Deer Valley® to acquire the resort.
Over the last 36 years, Deer Valley has developed into one of the highest quality ski resorts in the country. This transaction puts the resort in a strong position to continue to grow as part of a portfolio of 12 other outstanding resorts. We are excited about the new opportunities this will create for our staff, our guests and the Park City community.
I know there will be questions about the purchase and why we entered into this agreement. For this reason, we have included a link to the press release that was sent to media as well as a list of your anticipated questions and answers.
Please know that KSL and HCC are committed to Deer Valley’s brand, providing exceptional service to our guests, as well as to the staff. They truly value the efforts and dedication from staff members in building this amazing, preeminent mountain resort.
I plan to stay on as President/General Manager serving in my current role at Deer Valley Resort with no anticipated changes, and I sincerely hope you share in my excitement as we enter this new phase in the evolution and growth of Deer Valley Resort.
Sincerely,
Bob Wheaton
President/General Manager
design-detail
Contact Us // 800-424-DEER // 435-649-1000

Deer Valley Resort
P.O. Box 1525


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Aug 21, 2017 9:40 am 
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Dave's Run
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Press Release and FAQ


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Aug 21, 2017 1:19 pm 
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Rodger's Ridge
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Hmmm the end of skiing only? Or does "committed to the Deer Valley brand" imply still skiing only?


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Aug 21, 2017 4:19 pm 
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Broadway
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SurfnSnowboard wrote:
Hmmm the end of skiing only? Or does "committed to the Deer Valley brand" imply still skiing only?


For what it is worth this was their answer to somebody in the article comment section:

Deer Valley says:
August 21, 2017 at 1:20 pm
Hey Corey,
There are no plans to allow snowboarding at this time.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Fri Aug 25, 2017 2:50 pm 
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Cornice Bowl
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HI2SoCal wrote:
SurfnSnowboard wrote:
Hmmm the end of skiing only? Or does "committed to the Deer Valley brand" imply still skiing only?


For what it is worth this was their answer to somebody in the article comment section:

Deer Valley says:
August 21, 2017 at 1:20 pm
Hey Corey,
There are no plans to allow snowboarding AT THIS TIME.

Progress.

The connection between Solitude and Deer Valley has to go through Breighton. There's practically a larger percentage of snowboarders @ Breighton than there are skiers @ Deer Valley. Deer Valley and Alta will have to make one change, and one change only, for the interconnect to happen - and it's going to happen.

Plus it's a lot harder now to categorize snowboarders as a bunch of punks when many of them are now in their 40's and 50's.

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