SAM Magazine--November 16, 2011--The previously announced transaction between KSL Capital Partners and JMA Ventures, which joins Squaw Valley and Alpine Meadows under one operating company, has officially closed. The two resorts will be connected by complimentary shuttles that will provide transportation between the two resorts.

Andy Wirth, Squaw Valley's president and CEO, will take the helm as the president and CEO of Squaw Valley Ski Holdings, LLC, the newly formed parent company of both Squaw Valley and Alpine Meadows.

In honor of the closing, the new combined company, Squaw Valley Ski Holdings LLC, is pledging $25,000 to the Community House, a new community center and a service delivery program spearheaded by the Tahoe Truckee Community Foundation (TTCF).