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Today, Alterra Mountain Company has announced the closing of the purchase of Arapahoe Basin in Colorado, expanding Alterra's portfolio of unique, complementary destinations in the Rockies.

“We are honored to become the stewards of Arapahoe Basin and we are excited to welcome the team to the Alterra Mountain Company family,” said Jared Smith, President & CEO, Alterra Mountain Company. “A-Basin is considered legendary for a reason and has always been more than just a ski area to many - it is a home to passionate, dedicated skiers and riders who share a spirit of adventure and a love for Colorado's mountains. The team at Alterra is excited to work with the leaders at A-Basin to ensure its spirit and culture thrive.”