Lee Canyon Sold To Mountain Capital Partners, Joins Brian Head & Arizona Snowbowl

TL;DR

Mountain Capital Partners (MCP) has acquired Lee Canyon, a popular outdoor recreation destination in Southern Nevada. This acquisition brings the number of resorts managed by MCP to 12, including nearby Brian Head Resort in Utah and Snowbowl in Arizona. As part of the acquisition, Lee Canyon will introduce a new free season pass for children aged 12 and under, allowing them unlimited access to the resort and all other Power Pass resorts. The flagship Power Pass product will also be upgraded to include access to Lee Canyon. The resort has received record snowfall this season and plans to continue operations until the end of April.

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Mountain Capital Partners (MCP), a leading ski resort management company in the Southwest, has announced that it will acquire Lee Canyon, Southern Nevada's premier outdoor recreation destination. The resort is being purchased from POWDR Corporation and the Thomas Family, who have been running it for the past two decades. Lee Canyon will be the 12th resort in MCP's portfolio, joining other sister properties like nearby Brian Head Resort in southern Utah and Arizona Snowbowl in Flagstaff, Arizona. MCP manages a range of mountain resorts, including ski resorts, mountain bike parks, and golf courses in several states, such as Arizona, Colorado, New Mexico, Oregon, Texas, and Utah. The company also manages Valle Nevado of Santiago, Chile, the largest ski resort in the Americas.The acquisition of Lee Canyon by MCP comes with some exciting news for families with young children. MCP will introduce a new season pass for kids ages 12 and under called "Power Kid." This pass will provide free, no-strings-attached access to Lee Canyon and every Power Pass resort for unlimited skiing and bike park use. In addition, Lee Canyon's season pass products will offer reciprocal days at other MCP resorts.MCP will retain the existing leadership team and support staff at Lee Canyon, which employs roughly 275 people during the peak season. This is consistent with MCP's past acquisitions, where they have successfully worked with resort owners, leaders, and teams.