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With recent mergers and acquisitions happening in the world of ski companies, it has become rare to see small resorts staying small. In the case of Bolton Valley Ski Resort, it was even more rare that the original owners and founders bought back the resort earlier this month. A group of local investors helped the family raise the necessary funds to purchase the resort.
The purchase includes six lifts, a 64-room hotel, 10 lodge condominium units, four restaurant facilities, a small general store and deli, and a 20,000-square-foot indoor sports complex, totaling about 700 acres of land, according to a statement released by Bolton Valley.
The resort is located in the town of Bolton, Vt., was founded by DesLauriers and his father Roland in 1966. The resort has since changed ownership several times, and until recently the resort had been owned by two real estate developers from Burlington, Vt., Larry Williams and Doug Nedde.
Daily operations of the resort will continue with existing management, and the new ownership company will be led by members of the DesLauriers family—Ralph, son Evan, and daughter Lindsay.
“This is an exciting time for Bolton Valley,” said the elder DesLauriers, according to a statement released by Bolton Valley. “Vermont’s outdoors is a gift to those of us who live here and for those who come to visit. We are looking forward to making Bolton Valley Resort a year-round recreational home for families to enjoy. It’s our way of giving back to our community.”