Fortress-owned ski resort operator Intrawest explores sale: Reuters
Intrawest Resorts Holdings Inc, the owner of some of the most popular ski resorts in North America, is working with investment banks on a possible sale, sources told Reuters. The company, majority-owned by U.S. private equity firm Fortress Investment Group LLC, is in the initial stages of reaching out to potential buyers, including buyout firms, the sources said. Intrawest, which has a current market capitalization of US$750 million, has its principal offices in Denver, Colorado and Banff, Alberta.
13 January 2017•2 mins read
