Alterra Mountain Company Acquires Purcell Heli-Skiing To Add To Cmh Heli-Skiing & Summer Adventures Operation In British Columbia
Aug 30, 2021•over 4 years ago
Acquiring Company
Alterra Mountain Company
Acquired Company
Purcell Heli-Skiing (Now CMH Purcell)
SportsInternet ServicesFinancial ServicesInformation TechnologySoftware
Description
Alterra Mountain Company announced today that it has closed on the purchase of Purcell Heli-Skiing in British Columbia, Canada. The business and ski tenure will be incorporated into the company’s premier mountain experience, CMH Heli-Skiing & Summer Adventures, adding nearly half a million acres to the already largest heli-skiing operation in North America.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed