DENVER-Intrawest Resorts Holdings Inc., operator of two Colorado ski resorts, has registered for an initial public offering to raise up to $100 million.

The company has been based in Denver since 2011, after relocating its headquarters from Canada, says the Denver Business Journal.

Intrawest said it will use the proceeds from the offering for working capital and other general corporate purposes, which “may include potential investments in, and acquisitions of, ski and adventure travel businesses and assets."

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.