Status: Active, Station Partners, I, L.P.
Investment Date: February 8, 2022
Transaction Type: Recapitalization
Strategy: Accelerating Growth / Buy & Build
Station Lead(s): Rooke, Becker
Steady Demand: Strong (initial) demand for existing (rafting, tubing, aerial) and new activities (snowtubing), camping and lodging.
Acquisition Piepline: Building acquisition pipeline of potential targets for geographic expansion.
Hiring for Seasonal Labor: Company fully staffed for summer season.
Snowtubing: Building snowtubing hill on existing land to smooth seasonality of the business. Will be one of the closest snowtubing hills to both Washington, D.C. and Baltimore, MD once complete. Projected opening is January 2023.