Las Vegas, NV (April 13, 2023) – Mountain Capital Partners (MCP), the largest ski resort management company in the Southwest, announced its acquisition of Lee Canyon, a popular outdoor recreation destination in Southern Nevada, from POWDR Corporation and the Thomas family. This strategic move marks MCP’s 12th resort property, adding to its impressive portfolio that includes Brian Head Resort in Utah and Snowbowl in Arizona.
This acquisition strengthens Mountain Capital Partners’ presence in the Southwest, a region known for its diverse terrain and outdoor recreation opportunities. Lee Canyon, nestled in the Spring Mountains, offers a unique escape for Las Vegas residents and visitors seeking adventure in the mountains.
Power Pass Integration and Reciprocal Benefits
With this acquisition, Lee Canyon integrates into the Power Pass network, offering reciprocal benefits to pass holders. The Power Pass provides unlimited access to all MCP resorts, including Lee Canyon. Power Pass Select (12-Day) holders receive 12 restricted days shared among Purgatory Resort, Arizona Snowbowl, and Lee Canyon. Power Pass Core (4-Day) grants access to four restricted days at Purgatory, Snowbowl, Brian Head Resort, Spider Mountain Bike Park, and Lee Canyon. This interconnected network provides skiers and snowboarders with unparalleled access to a variety of terrain and experiences across the Southwest. Furthermore, Lee Canyon will introduce the Power Kid program, offering free season passes for children 12 and under, granting unlimited ski and bike park access at all Power Pass resorts. This initiative aims to make mountain recreation more accessible to families and foster the next generation of outdoor enthusiasts.
Continued Commitment to Lee Canyon’s Legacy
MCP emphasized its commitment to retaining Lee Canyon’s leadership team and staff, ensuring a seamless transition and preserving the resort’s unique culture and operational excellence. This approach reflects MCP’s established practice of collaborating with existing resort teams to maintain continuity and foster growth. James Coleman, Managing Partner of Mountain Capital Partners, expressed his enthusiasm for the acquisition, highlighting Lee Canyon’s 60-year history of providing a valuable recreational outlet for the Las Vegas community. He also hinted at future investments to enhance the resort’s offerings. Dan Hooper, General Manager of Lee Canyon, echoed this sentiment, expressing confidence in MCP’s leadership and their shared vision for the resort’s future.
A Strategic Fit for Mountain Capital Partners
The acquisition aligns with MCP’s strategic focus on the Southwest region and its commitment to providing high-quality mountain experiences. Coleman emphasized the personal connection to the area, stating that the Southwest is home to his family, team, and the company’s core values. He expressed eagerness to leverage MCP’s expertise to further enhance Lee Canyon’s success and position it for continued growth. The record-breaking snowfall of over 260 inches this season at Lee Canyon further underscores the resort’s appeal and potential for future development. Lee Canyon will continue its ski operations through April 30th, offering extended spring skiing opportunities for enthusiasts.
About Mountain Capital Partners
Mountain Capital Partners (MCP) is a Durango, Colorado-based company managing twelve ski resorts and bike parks across the United States and Chile. Their portfolio boasts a wide range of terrain and activities, catering to diverse skill levels and interests. With a strong track record of investment and innovation, MCP continues to elevate the mountain experience for its guests.
About POWDR Corporation
POWDR Corporation is an adventure lifestyle company that owns and operates a collection of resorts across North America and Canada. They are dedicated to providing exceptional experiences in awe-inspiring locations, fostering a passion for outdoor adventure.
About the Thomas Family
The Thomas family, with deep roots in Las Vegas, has been instrumental in Lee Canyon’s development and its commitment to environmental stewardship. Their partnership with POWDR Corporation over the past two decades has ensured the resort’s growth and its positive impact on the local community.
