Hawk Holding to acquire Intrawest Resorts Holdings for $1.5bn.

Hawk Holding, a new entity formed by Aspen Skiing Company and KSL Capital Partners, has agreed to acquire Intrawest Resorts Holdings, a leading North American mountain resort and adventure company $1.5bn. “This transaction creates a significant opportunity for Intrawest and delivers tremendous value to our current shareholders. We are excited to work with Aspen and KSL. Our new partners bring additional financial resources and a shared passion for the mountains and our mountain communities. Both Aspen and KSL are committed to helping Intrawest accelerate our plans to bring more value to our guests, more opportunities for our employees and more investment into our local communities.” Thomas Marano, Intrawest’s chief executive officer.