Davis Polk is advising Deutsche Bank as financial adviser to Intrawest Resorts Holdings, Inc. in connection with the approximately $1.5 billion acquisition of Intrawest by KSL Capital Partners and Aspen Skiing Company. The transaction, which is expected to close during 2017, is subject to customary closing conditions and regulatory approvals.

Intrawest is a North American mountain resort and adventure company that owns or operates six mountain resorts, with approximately 8,000 skiable acres, across North America’s major ski regions. Intrawest also operates an adventure travel business, including Canadian Mountain Holidays, a heli-skiing adventure company.

The Davis Polk corporate team includes partner Phillip R. Mills and associate Theodore A. Weisman. All members of the Davis Polk team are based in the New York office.