Alterra Mountain Company
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Alterra Mountain Company - overview
Established
2017
Location
Denver, CO, US
Primary Industry
Travel & Leisure
About
Based in the US, Alterra Mountain Company specializes in delivering diverse mountain experiences through its portfolio of ski resorts and outdoor adventure services, attracting winter sports enthusiasts across various demographics. Alterra Mountain Company operates a collection of ski resorts and is headquartered in Denver, US. Founded in 2017, it aims to enhance outdoor adventures through its offerings. The company is led by CEO Rusty Gregory, who has a notable background in the ski resort industry.
Alterra Mountain Company focuses on providing a diverse array of mountain experiences through its core offerings that include ski resorts, innovative ski pass options like the Ikon Pass, and specialized services tailored to enhance outdoor adventures. The Ikon Pass grants access to over 60 premier ski destinations worldwide, catering to skiing and snowboarding enthusiasts from various demographics. Additionally, Alterra offers seamless ski rental services via Ski Butlers, which delivers equipment directly to customers at top locations, streamlining the rental process for both novice and seasoned skiers. Their technology-driven services, such as Aspenware, aim to optimize the mountain experience through innovative solutions.
Geographically, Alterra Mountain Company's services extend across notable markets in the United States, including Colorado, California, Utah, and Vermont, as well as international destinations in Canada, making it a prominent player in the mountain resort and adventure sector. Alterra Mountain Company generates revenue primarily through various channels, including direct-to-consumer sales of ski passes, resort admissions, equipment rentals, and food and beverage services at their destinations. The Ikon Pass serves as a significant revenue stream by offering a seasonal subscription model that allows users to access multiple ski areas, thus fostering a loyal customer base among winter sports enthusiasts. The company also engages in partnerships with local businesses for services such as Ski Butlers, facilitating rental transactions that enhance customer convenience.
Transactions typically involve upfront payments for pass purchases and rentals, with additional revenue generated through on-site spending at the resorts. As a result, the revenue model supports both individual consumer interactions and collaborative arrangements with other businesses within the leisure and tourism industry.
Primary Industry
Travel & Leisure
Sub Industries
Hospitality Services, Travel & Tourism, Recreational & Entertainment Facilities, Hotels & Accommodations
Website
www.alterramtnco.com
Total Amount Raised
Subscriber access only
Alterra Mountain Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Schweitzer Mountain Resort | - | ||||||||
| Add-on | Completed | Snow Valley, LLC | - | ||||||||
| Add-on | Completed | Ski Butlers Holdings, LLC | - | ||||||||
| Add-on | Completed | Purcell Heli-Skiing | - | ||||||||
| Add-on | Completed | Sugarbush Resort | - |
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Alterra Mountain Company - employee data


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