The joint venture of affiliates of KSL Capital Partners and Henry Crown and Company that curated 12 ski areas in North America, now has a name: Alterra Mountain Company.

Alterra Mountain Company, headquartered in Denver, Colorado is comprised of 12 destinations, including the world's largest heli-skiing operation. Alterra Mountain Company was created when affiliates of KSL Capital Partners, owners of Squaw Valley Alpine Meadows, and Henry Crown and Company purchased Intrawest, Mammoth Resorts, and Deer Valley Resort in 2017.

"Alterra Mountain Company is made up of unique mountain destinations, each with a personality and spirit that has delighted visitors for generations. Our vision at Alterra Mountain Company is to protect and enhance what makes each destination special, inviting guests back to their favorite mountain, and enticing them to visit new destinations on their bucket list," said David Perry, President and COO, Alterra Mountain Company, in a press release issued Thursday. "We respect and continue to learn from the pioneers and leaders that built these iconic locations and paved the way before us, as we push the boundaries and innovate for our future."

What Corporate Mergers Mean for Skiers: After the dust settles, what the deal between Aspen, KSL, Intrawest, Mammoth will bring to the ski industry.

The destinations that make up Alterra Mountain Company are spread throughout five states and three Canadian provinces: Steamboat and Winter Park in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Deer Valley in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.

In the coming months, Alterra Mountain Company will announce new season pass products that will provide access to all of our existing mountains. POWDER will continue to report on the issue as new information emerges.

Read more: How Vail Resorts is changing skiing.