Triple Peaks, LLC to Sell Okemo Mountain, Mount Sunapee and Crested Butte Mountain Resort to Vail Resorts
LUDLOW, VT – JUNE 4, 2018 – Triple Peaks, LLC, owned by Tim and Diane Mueller, and their children Ethan and Erica Mueller, announced today they have entered into a purchase agreement with Vail Resorts, Inc. Triple Peaks, LLC is the parent company for Okemo Mountain in Ludlow, Vt., Mount Sunapee in Newbury, N.H. and Crested Butte Mountain Resort in Mt. Crested Butte, Colo.
The sale includes the three ski resort operations, as well as Okemo Valley Golf Club in Ludlow, Vt. and Tater Hill Golf Club in Windham, Vt. As part of the transaction, Vail Resorts will also own the leasehold assets presently owned by Och-Ziff Real Estate.
“Diane and I are incredibly proud of what we have accomplished at the three resorts for the last 36 years,” remarked Tim Mueller, co-owner and president of Triple Peaks, LLC. “We have had the great privilege of working with a lot of smart, hardworking, dedicated team members, as well as many other people in the local communities and the states where the resorts are...Read more