Mountain Capital Partners

What Mountain Capital Partners does

Mountain Capital Partners (MCP) is a privately held ski resort management and outdoor recreation company headquartered in Durango, Colorado. Founded in 2000 and tracing its roots to Sipapu Ski and Summer Resort (established 1952), MCP is the third-largest ski resort operator in the United States by number of properties, operating 17 ski resorts, golf courses, and bike parks across 15 destinations in Colorado, Arizona, Utah, New Mexico, Nevada, Texas, Oregon, and Chile. The company serves approximately 2 million guests annually with a workforce of over 3,000 team members and oversees more than 8,000 acres of lift-served terrain, 500+ trails, 70 lifts, and 20 terrain parks. The company is founder-led by Managing Partner & CEO James Coleman, with Scott Price serving as Partner & President.

MCP's core commercial platform is the Power Pass, a multi-resort season pass providing access to ski areas across two hemispheres. Revenue is generated through lift tickets and season passes, ski school and lessons, equipment rentals, food and beverage, on-mountain retail, golf tee times and memberships, and resort hospitality (including 98 rooms at Tubac Golf Resort & Spa). The company has deployed more than $160 million in capital improvements since 2015, including $111 million in mountain improvements (new lifts, trails, snowmaking). A distinctive in-house technology asset is a unified e-commerce platform powering online stores across all resort properties. The company's go-to-market is direct-to-consumer via resort locations, mcp.ski, and thepowerpass.ski, supplemented by an affiliated fund partnership with Texas Capital Partners that co-invests in acquisitions.

Name

Mountain Capital Partners

Legal name

Mountain Capital Partners, LLC

Website

https://mcp.ski

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

Mountain Capital Partners is a privately held Durango, Colorado-based operator of 17 ski resorts, golf courses, and bike parks across the US and Chile, serving 2 million guests annually through its Power Pass multi-resort season pass and direct-to-consumer channels.

Ownership category

akta.pro rank

Product category

Ski Resort Management

NAICS

Skiing Facilities (713920), Golf Courses and Country Clubs (713910), Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Ski Areas & Lift Operations (Independent Mountains) (THAAAJAB)

akta.pro secondary industries

Winter Adventure & Mountain Resorts (Ski, Snowboard, Snow Activities) (THAAAAAK), Ski & Mountain Full-Service Hotels (THAGAAAJ)

Keywords

• Ski resort management
• Mountain resort operations
• Golf course hospitality
• Multi-resort season pass
• Outdoor recreation services

Headquarters

HQ city

Durango

HQ country

Mexico

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Lift Tickets and Season Passes: Primary revenue from lift ticket sales and multi-resort Power Pass season passes providing access to ski resorts across two hemispheres
2. Ski School and Instruction: Lessons and ski school programs for guests of all skill levels
3. Equipment Rentals: Ski and snowboard rental services at resort locations
4. Food and Beverage: Restaurant and dining services at resort locations
5. Retail Merchandise: On-mountain retail for ski equipment, apparel, and accessories
6. Golf Operations: Golf course operations including tee times, club memberships, and events at properties including Tubac Golf Resort & Spa, Sedona Golf Resort, Rancho Mañana Golf Club, and others
7. Resort Hospitality: Lodging and hospitality services at resort properties, including 98 rooms and suites at Tubac Golf Resort & Spa

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Mountain Capital Partners is a ski area management company that operates and manages a portfolio of 17 ski resorts, mountain bike parks, and golf courses across the United States and Chile. The company sells lift tickets, multi-resort Power Pass season passes, ski school lessons, equipment rentals, food and beverage, retail merchandise, lodging, and golf access to approximately 2 million guests annually. MCP grows primarily by acquiring resort properties and reinvesting capital into mountain improvements such as new lifts, trails, and snowmaking.

Product overview

Mountain Capital Partners operates a multi-resort management platform spanning ski resorts, golf courses, and bike parks across the United States and Chile. The portfolio includes 17 properties featuring over 8,000 acres of lift-served terrain, 500+ trails, 70 lifts, and 20 terrain parks. The core product is the Power Pass, providing access to ski resorts across two hemispheres. MCP's ski resorts include Purgatory Resort (CO), Arizona Snowbowl (AZ), Valle Nevado (Chile), La Parva (Chile), Lee Canyon (NV), Brian Head Resort (UT), Sipapu Ski and Summer Resort (NM), Pajarito Mountain Ski Area (NM), Sandia Peak Ski Area (NM), Nordic Valley Resort (UT), and Willamette Pass Resort (OR). The company also operates Spider Mountain Bike Park (TX), and a growing portfolio of golf courses including Birdie Ranch at Silver Creek, Bison Golf Club, and the newly acquired Arizona Hideaway Collection (Tubac Golf Resort & Spa, Sedona Golf Resort, Rancho Mañana Golf Club). Since 2015, MCP has invested over $160 million in capital improvements across its portfolio. The company's purpose is to Give People the Freedom to Ski, with a Skiing First mantra guiding operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Pass A multi-resort ski season pass providing access to MCP's portfolio of ski areas across two hemispheres (United States and Chile) for skiers and snowboarders seeking year-round mountain access under a single credential.
• Purgatory Resort Ski resort located in Colorado, offering lift-served terrain, ski school, rentals, lodging, and dining as part of MCP's mountain portfolio.
• Arizona Snowbowl Ski resort in Flagstaff, Arizona, offering lift-served skiing and snowboarding on the San Francisco Peaks, operated by MCP for over three decades.
• Valle Nevado Ski resort in Chile providing Southern Hemisphere ski access for MCP guests as part of the international portfolio.
• La Parva Ski resort in Chile providing Southern Hemisphere ski access for MCP guests as part of the international portfolio.
• Lee Canyon Ski resort in Nevada offering lift-served skiing and snowboarding close to Las Vegas.
• Spider Mountain Bike Park Year-round lift-served mountain bike park in Texas, providing off-season outdoor recreation access.
• Brian Head Resort Ski resort in Utah providing lift-served skiing and snowboarding as part of MCP's portfolio.
• Sipapu Ski and Summer Resort Ski and summer resort in New Mexico offering year-round outdoor recreation including skiing, snowboarding, and summer activities.
• Pajarito Mountain Ski Area Ski area in New Mexico offering lift-served skiing and snowboarding.
• Sandia Peak Ski Area Ski area in New Mexico offering lift-served skiing and snowboarding.
• Nordic Valley Resort Ski resort in Utah providing lift-served skiing and snowboarding close to the Wasatch Front.
• Willamette Pass Resort Ski resort in Oregon offering lift-served skiing and snowboarding in the Pacific Northwest.
• Tubac Golf Resort & Spa Arizona resort and golf destination featuring 98 rooms and suites, a 27-hole championship course, a full-service spa, and 7,000 square feet of event space, serving golf guests, resort visitors, weddings, and corporate events.
• Sedona Golf Resort 18-hole championship golf course in Arizona designed by Gary Panks, consistently ranked among Arizona's finest public courses and offering scenic red rock golf experiences.
• Rancho Mañana Golf Club 18-hole golf course in Cave Creek, Arizona, built on a historic 1940s dude ranch and recognized by Golf Digest as a Top 50 Course for Women and a Top 10 Arizona course.
• Birdie Ranch at Silver Creek Golf club in Arizona operated by MCP as part of its growing Arizona golf portfolio.
• Bison Golf Club Golf club in Arizona operated by MCP as part of its growing Arizona golf portfolio.
• Ski School and Instruction Ski and snowboard lessons and instruction for guests of all skill levels at MCP resort locations.
• Equipment Rentals Ski and snowboard rental services offered to guests at MCP resort locations.
• Food and Beverage Restaurant and dining services available to guests at MCP resort locations.
• Retail Merchandise On-mountain retail operations selling ski equipment, apparel, and accessories to guests.
• Resort Hospitality and Lodging Lodging and hospitality services offered at MCP resort properties for individual guests, groups, and corporate events.
• Corporate Events and Weddings Group event and wedding services hosted at MCP resort properties, including dedicated event space and on-site coordination.

Quantifiable outcome

• 2 million guests served annually across 15 destinations
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered minor and core.

• Allred FamilyminorStrategic or Co-development Partner · 9 June 2026Sellers of The Arizona Hideaway Collection portfolio (Tubac Golf Resort & Spa, Sedona Golf Resort, and Rancho Mañana Golf Club) to MCP. The Allred Family shaped Arizona's hospitality landscape for decades and previously helped transform Telluride, Colorado into a world-class ski destination from the late 1970s through the 1990s.
• Power Pass PartnerscoreChannel Partner/ Reseller/ DistributorSki pass partnership program allowing Power Pass holders to access resorts across two hemispheres. MCP will integrate The Arizona Hideaway Collection properties with the Power Pass program.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• POWDR Corporation: Privately held multi-resort operator (Killington, Copper Mountain, Mammoth, Snowbird, etc.) with a similar buy-and-own strategy of regional US destination resorts. Highly comparable business model and resort mix to MCP.
• Alterra Mountain Company: Owns the Ikon Pass and operates a portfolio of 16+ mountain resorts across North America. Direct competitor to MCP's Power Pass multi-resort model and the most head-to-head comparable in scale and segment positioning.
• Boyne Resorts: Family-owned operator of 11+ ski resorts plus golf, lodging, and waterparks across the US and Canada. Closely comparable to MCP in being a privately held, multi-property operator with diversification across mountain sports.

Broad incumbents

• Aspen One (Aspen Skiing Company + Hospitality): Operates four Colorado destination resorts (Aspen, Snowmass, Highlands, Buttermilk) plus lodging, real estate, and hospitality. Comparable as a multi-resort mountain operator with lodging diversification, though targeting the premium end of the market.
• Vail Resorts: Largest US ski operator (40+ resorts including Vail, Park City, Beaver Creek) and creator of the Epic Pass. A much larger, public incumbent that sets pricing benchmarks and competitive dynamics across the industry MCP operates in.

Others

• KSL Capital Partners: Private equity firm focused on travel, leisure, and hospitality — co-founded Alterra Mountain Company and historically the most active PE investor in North American ski resorts. Relevant as a capital peer and potential counterparty for MCP's acquisition strategy.
• Travel + Leisure Co. (Wyndham Destinations): Operates vacation clubs, resort management, and exchange networks serving outdoor and mountain destinations. Adjacent to MCP's lodging/hospitality business at properties like Tubac Golf Resort & Spa.

Emerging players

• Schweitzer Mountain Resort: Independently operated destination resort in Idaho that participates in the Ikon Pass. Smaller than MCP's portfolio but illustrative of the regional, family- or operator-owned mountain properties MCP often targets for acquisition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mountain Capital Partners