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Announced

Completed

JHMR Acquisition completed the acquisition of Jackson Hole Mountain Resort from the Kemmerer Family.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

ski resorts

Travel and Tourism

Acquisition

Private

Majority

Domestic

Friendly

Completed

Single Bidder

Synopsis

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JHMR Acquisition, a group of investors, completed the acquisition of Jackson Hole Mountain Resort, a ski resort in the western United States, at Teton Village, Wyoming, from the Kemmerer Family. Financial terms were not disclosed. “The time has come to transition ownership of Jackson Hole Mountain Resort. We take great pride in what JHMR has become and what it represents to the Jackson Hole community and the state of Wyoming. It is of utmost importance to me that the next ownership maintains the integrity and character of the mountain that we have worked so hard to build over the past three decades. There is no better fit for this ownership transition than Eric and Mike and their families, who share the same vision for the future of JHMR and its importance to our great community. I’m excited and proud to pass along this iconic, family-run ski resort to these two strong Jackson Hole families," Jay Kemmerer, Jackson Hole Mountain Resort Chairman.

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