Blakeslee, PA – Missouri-based ski area operator Peak Resorts Inc. has purchased Pennsylvania’s Jack Frost Mountain and Big Boulder Ski Area from Blue Ridge Real Estate Company.
Peak Resorts has leased and managed the pair of adjacent Pocono ski resorts since 2005. The company paid a purchase price of $9 million to acquire both.
“Jack Frost and Big Boulder have been an important part of our portfolio since 2005, and we are very happy to be adding them to our family of resorts long term,” said Jesse Boyd, Vice President of Peak Resorts.
In addition to the two new acquisitions, Peak Resorts also operates Attitash, Crotched Mountain and Wildcat in New Hampshire, Vermont’s Mount Snow, Boston Mills/Brandywine and Mad River Mountain in Ohio, Hidden Valley and Snow Creek in Missouri, and Paoli Peaks in Indiana.