Alterra Mountain Company announced today that it will acquire Solitude Mountain Resort in Utah. Solitude will be the 13th ski resort purchased by the recently formed Alterra Mountain Co., and the 26th resort added to the company's Ikon Pass. Solitude will join a portfolio that includes Deer Valley, Mammoth Mountain, Steamboat, and others.
“With its close relationship with Deer Valley Resort, Solitude Mountain Resort is a natural fit for Alterra Mountain Company, and a tremendous addition to our family of destinations," said Alterra CEO Rusty Gregory in a press release. "We are especially excited to expand our reach within Utah and offer another ski and snowboard experience in a state known for its exceptional snow and mountain culture.”
In 2014, the former owners of Deer Valley purchased Solitude shortly after Vail Resorts acquired the nearby Park City Mountain Resort. In 2017, when Alterra Mountain Co. announced it would be purchasing Deer Valley but not Solitude, it was unclear what would happen to the gem of Big Cottonwood Canyon–until today.
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“Joining the impressive group of Alterra Mountain Company destinations places Solitude Mountain Resort in a strong position to continue to grow and enhance the brand and culture that is Solitude,” said Kim Mayhew, General Manager of Solitude, in a press release. “We are excited about the opportunities this transaction will create for our guests, our staff, and for our community in Big Cottonwood Canyon."
The terms and financial details of the acquisition of Solitude were not disclosed by Alterra Mountain Co., but the transaction is likely to close before the 2018-19 ski season starts. Details about how Solitude will be included on the Ikon Pass will soon follow.