first_imgBolton Valley Resort,The owners of Bolton Valley Resort, big mountain skiing and riding less than 30 minutes from Burlington, have engaged Mike Krongel of Mirus Resort Capital, a New England investment banking firm, to identify and evaluate growth opportunities for the resort. Bolton Valley is owned by partners Doug Nedde and Larry Williams of Redstone, a Vermont commercial real estate development company in Burlington.‘Future development plans at Bolton Valley include improvements to the existing base area, lift upgrades and expansion of snowmaking capacity,’ said Williams. ‘There are plans to create a sustainable primary and second home community, a canopy tour, zip rider, mountain biking, and the installation of a second wind powered turbine capable of producing more than five million kWh of energy per year. We are looking to Mirus Resort Capital to advise us on how to best move Bolton Valley forward.’The partners have owned and operated Bolton Valley Resort since 2007, when they purchased the interests of Bolton’s former owner/operator. Mirus’ assignment is to identify purchasers or equity investors to implement Bolton’s plans for growth.Mirus Resort Capital is an investment banking firm located in Burlington, Mass. Mirus focuses on mergers, acquisitions, debt and equity placement and joint venture creation. Mirus Resort Capital works primarily with resort, recreation and hospitality enterprises. In its work with Bolton, Mirus will identify investor partners whose experience, expertise and goals coincide with the investment opportunities at Bolton Valley Resort.Bolton Valley Resort is Vermont’s most convenient big mountain for skiing and riding packed with value. Less than 10 minutes from I-89 and less than 30 minutes from Burlington, the family-friendly mountain offers skiers and riders of all abilities three mountain peaks with 71 trails and 6 lifts, plus 3 terrain parks including the Burton Progression Park.Bolton Valley is one of only two ski resorts in the U.S. to implement wind power as an energy source and is the recipient of the National Ski Areas Association’s 2010 Silver Eagle Award for environmental initiatives. A complete Sports Center, outdoor ropes course, extensive back-country skiing and Vermont’s most extensive top-to-bottom night skiing and riding are just a few of the extras available to guests.  Source: Bolton Valley Resort. BOLTON, Vt. (Dec. 6, 2010)’last_img read more

first_imgRuler Of The World is on course to return to the scene of his finest hour, with next month’s Investec Coronation Cup at Epsom his intended target. While that investment did not pay immediate dividends, with Ruler Of The World only 13th of the 16 runners at Meydan, Al Shaqab advisor Harry Herbert believes the style of the race just did not suit. He said: “The plan is to go for the Coronation Cup at Epsom. Having acted around the track before in winning last year’s Derby, it seems the obvious race for him. That was the plan Aidan drew up two or three weeks ago and I haven’t heard of any changes. “I think the World Cup just didn’t suit him. We saw how strung out the field were – some horses can handle that and some can’t. It was a shame, as he seemed in good form going into the race. “He is not a horse I know well yet, but looking at him in the paddock, you would have to have been really pleased with the way he looked, and we’ll go back to Epsom now.” The four-year-old won the Investec Derby last term but failed to strike gold in four subsequent outings, although he finished a creditable third behind Farhh when dropped back to 10 furlongs in the Champion Stakes on his final 2013 outing. Al Shaqab Racing snapped up a 50 per cent share in the Aidan O’Brien-trained colt ahead of his run in the Dubai World Cup earlier this year and are now joint-owners with the Coolmore team. center_img Press Associationlast_img read more