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Seven Springs Mountain Resort to Acquire Hidden Valley Resort

SEVEN SPRINGS, Pa. – Seven Springs Mountain Resort and The Buncher Company of Pittsburgh jointly announced today that an agreement has been reached under which Seven Springs will acquire nearby Hidden Valley Resort from The Buncher Company.

Located only 13 driving miles from Seven Springs, Hidden Valley consists of approximately 1,200 acres encompassing 29 ski slopes and trails, as well as an 18-hole golf course.

“We have great respect for The Buncher Company. They have been good stewards of the resort since 2007,” said Bob Nutting, Chairman of Seven Springs. "As we have demonstrated with all of our other operations in the region, we are committed to the long-term success of Hidden Valley as a family destination.”image001 copy

“We always have looked upon Hidden Valley as a unique investment” said Buncher President Tom Balestrieri. “We believe we have taken an underutilized and underperforming asset and have restored Hidden Valley’s reputation as one of the premier family resorts in the mid-Atlantic region through strategic improvements, such as the investment in the largest fully automated TechnoAlpin snowmaking installation of its type in the US.”

“Both resorts are strong and important establishments with long histories and bright futures. We will work to ensure that both Hidden Valley and Seven Springs grow and thrive as family destinations,” added Nutting.

The Buncher Company, a leading real estate developer in Western Pennsylvania, will continue to concentrate its efforts on its core businesses, including its longer-term real estate developments in Pittsburgh and six surrounding counties.

“The Buncher Company’s underlying philosophy, instilled by company founder Jack G. Buncher, has always been to partner with and enhance the values of the communities in which we operate,” said Balestrieri. “We remain committed to continuing that tradition with our other holdings in Somerset County.”

“We have long held a deep appreciation for Hidden Valley and the family experience it offers. I have fond memories of skiing these very slopes and the slopes of Seven Springs with my family during my childhood and with my children,” said Nutting. “Every year, thousands of families build similar memories and experiences at HiddenValley and Seven Springs. That is something we respect, appreciate and will build on moving forward. We want to ensure that more and more guests have the opportunity to develop the passion for the outdoors in the Laurel Highlands.”

About Seven Springs Mountain Resort

Seven Springs Mountain Resort, located in Seven Springs, Pa., is the perfect place for family vacations that create lifelong memories. Seven Springs has 33 slopes and trails on 5,500 acres, eight terrain parks, the region’s largest snow tubing park, an 18-hole golf course and 60,000 square-feet of meeting and convention space.

Each year the family-friendly resort hosts more than one million overnight and day guests. Located within 200 miles of the major metropolitan areas of Pittsburgh, Baltimore, Cleveland and Washington D.C., Seven Springs is easily accessible from either exit 91 or 110 of the Pennsylvania Turnpike.

For more information on Seven Springs and the year-round lodging, dining and activity options the resort offers visit www.7springs.com or call (800) 452-2223.

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