Valle Nevado In Chile Acquired By Mountain Capital Partners

Valle Nevado In Chile Acquired By Mountain Capital Partners

Ski News

Valle Nevado In Chile Acquired By Mountain Capital Partners

By

“Our company purpose, Give People the Freedom to Ski, truly knows no boundaries, and I couldn’t be more proud to introduce our vision to South America. I’ve been bringing friends and family to Valle Nevado for years, and I love the incredible beauty, the amazing people, and the unparalleled skiing that this resort offers.”– James Coleman, Managing Partner of Mountain Capital Partners. 

After purchasing a majority stake in Willamette Pass in 2022, Mountain Capital Partners has begun 2023 by purchasing a majority stake in its first international resort. Ski Area Management reports that Mountain Capital Partners has purchased Valle Nevado in Chile.

Ricardo Margulis, who is the CEO of Valle Nevado, said the following about the partnership:

“We are excited and happy, the entrance of a first-class strategic partner like Mountain Capital Partners is a milestone achievement in our 35-year history and an unprecedented step forward for the Chilean industry. MCP brings a unique culture that will strengthen us as a mountain destination and consolidate our regional leadership.”

Valle Nevado is already one of the best ski resorts in South America. 44 trails are serviced by seventeen lifts, which Mountain Capital Partners claims to be the most modernized lift system in South America. There are 23,000 acres, 2200 of which are inbounds, and the rest is serviced by heli-skiing. They also have a large base village with three ski-in/out hotels. Investments are planned for the Chilean ski resort but have yet to be specified.

Mountain Capital Partners is a sleeping giant in the ski industry. Some of their ski resorts include the Arizona Snowbowl, Brian Head Resort in Utah, Nordic Valley in Utah, Purgatory Ski Resort in Colorado, and Willamette Pass in Oregon.

With Mountain Capital Partnerships having its own reciprocal season pass, which is called the Power Pass, it’s unclear whether this will affect Valle Nevado’s current partnerships with the Ikon Pass and the Mountain Collective.

Image Credits: Valle Nevado

More Ski News