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Pacific Group Resorts, Inc. (PGRI), based in Park City, Utah, has acquired a controlling interest in Powderhorn Mountain Resort, located near Grand Junction, Colorado. This acquisition was made through PGRI’s subsidiary, Powderhorn Pacific LLC, purchasing the majority stake from previous owners Andy Daly and the Gart Companies, who had held ownership since 2011.
PGRI has been managing Powderhorn Mountain Resort for the past six seasons under an operating lease, during which time they have implemented initiatives to enhance affordability and accessibility for the local community. Notably, in 2018, PGRI introduced the “Mission: Affordable” program at Powderhorn, offering free access to new skiers and riders in their first season and significantly reducing the price of all-access season passes for existing enthusiasts.
For the 2024-25 ski season, Powderhorn joined the Indy Pass network, providing pass holders with two days of access to over 200 independent resorts across the United States, Canada, Europe, and Japan. This move further underscores PGRI’s commitment to making skiing and snowboarding more accessible while preserving the unique character of mountain communities.
The Gart family and Andy Daly, who acquired Powderhorn in 2011, have overseen significant improvements during their tenure, including the installation of a high-speed chairlift, development of unique lodging options, and upgrades to snowmaking infrastructure. They have also expanded mountain bike trails and summer events, transforming Powderhorn into a four-season resort. Moving forward, the Gart family and Daly will retain a minority partnership and will play a key role in real estate development at the resort.
Mark Fischer, President and CEO of PGRI, expressed enthusiasm about the acquisition, stating, “We look forward to building on the strong foundation our team and the Gart family have established over the past seven seasons in both skier visits and on-mountain infrastructure. Powderhorn’s best days are ahead, and we’re thrilled to be part of its next chapter.”
This strategic acquisition expands PGRI’s portfolio, which includes resorts in Virginia, Vermont, Maryland, New Hampshire, and British Columbia, further solidifying their presence in the North American ski industry.
