Christy Sports announced that it has acquired Double Diamond Ski and Bike Shop, a specialty ski and snowboard retail and rental operator located at Vail, CO.
The acquisition closed on November 5. Financial terms were not disclosed.
For over twenty years, owner Tom Sapiro and his staff have provided ski and snowboard rentals, equipment and apparel to guests visiting Vail. Sapiro is the third owner and has continued a legacy of ski shops in that location since 1963 when Lionshead Village opened in Vail.
In line with Christy Sports growth strategy to expand its commercial presence in the Rocky Mountains, the acquisition of Double Diamond will complement its existing four locations in the Vail Valley.
“We are thrilled to strengthen our footprint in Vail with an outstanding location and team in Lionshead Village,” stated Matt Gold, Christy Sports CEO “The addition of Double Diamond will significantly enhance the seamless customer experience and service that we will offer online, at the resort, and across the Vail Valley.”
“As leaders in the snow sports industry, Christy Sports is the best steward of the store in the future and will create opportunities to thrive. Their past acquisitions have proven they do not compromise the soul of a store, but still maintain a strong, profitable business,” said Tom Sapiro.
Double Diamond will continue to operate in its current location, but the store will be rebranded to the Christy Sports name. Founded in 1958 and headquartered in Lakewood, CO, Christy Sports is one of the largest Winter Sports specialty retailers in the nation with more than 60 locations in Colorado, Utah, New Mexico, and Washington.
Photo courtesy Christy Sports