DENVER-Intrawest Resorts Holdings Inc., operator of two Colorado ski resorts, has registered for an initial public offering to raise up to $100 million.
The company has been based in Denver since 2011, after relocating its headquarters from Canada, says the Denver Business Journal.
Intrawest said it will use the proceeds from the offering for working capital and other general corporate purposes, which “may include potential investments in, and acquisitions of, ski and adventure travel businesses and assets."
In addition to Winter Park Resort and Steamboat Ski & Resort in Colorado , the company operates resorts in Canada, Vermont and West Virginia.
Click Denver Business Journal to read the full story.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.