ALTERRA MOUNTAIN COMPANY TO ACQUIRE ARAPAHOE BASIN IN COLORADO
This Legendary Mountain Will Expand Alterra’s Advanced Terrain Offering
DENVER, CO, February 5, 2024 – Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of unique, complementary destinations in the Rockies.
A-Basin, as the beloved big-mountain destination is known locally, is located just 68 miles from Denver and boasts the longest season in Colorado, often running through the 4th of July. A-Basin sits on the Continental Divide in the Rockies and offers some of North America’s highest elevation and most challenging terrain, paired with a laid-back atmosphere. Its iconic terrain includes Pallavicini, the East Wall, and the Steep Gullies, plus the Beavers and Montezuma Bowl, some of North America’s newest terrain. The Beach, a stretch of prime real estate at the base, transforms into one of Colorado’s longest-standing après traditions.
“Arapahoe Basin is considered legendary for a reason. From its unparalleled terrain to its commitment to sustainability, A-Basin has a team that has a passion and commitment for this unique place and its traditions, making it an ideal fit for the Alterra Mountain Company family,” said Jared Smith, President & CEO, Alterra Mountain Company. “A-Basin was a key addition to the Ikon Pass in 2019 and we have since then worked alongside their dedicated team and look forward to continuing our shared goals and values.”
Alan Henceroth, A-Basin’s Chief Operating Officer who has been with A-Basin for 36 years and has been the steward of the mountain’s unique culture, will continue on to lead the resort. He will continue to oversee daily operations as well as leadership of future capital improvement plans, which include expanding parking and snowmaking.
“A-Basin has a long-time and loyal following among skiers and riders in Colorado and we care deeply about the culture of A-Basin that brings them back,” said Alan Henceroth, COO of Arapahoe Basin. “We have worked with Alterra Mountain Company since 2019 when we joined the Ikon Pass community, and we have every faith that Alterra is committed to helping us maintain A-Basin’s authenticity.”
Posted from Arapahoe Basin via SteamboatRadio.com
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