# data[].attributes.headline
Aspen Skiing Co. Buys Intrawest's Resorts for $1.7 Billion

# data[].attributes.subject
Aspen Skiing Co. Buys Intrawest's Resorts for $1.7 Billion

# data[].attributes.body
Eric DeMarcus works as the managing director for Silicon Valley Private Wealth, a wealth management company dedicated to high net worth clients in need of custom strategies and tailored financial services provided by top-notch financial industry experts. Outside of his professional life, Eric DeMarcus enjoys skiing.

In a May deal that will affect skiers throughout North America, Aspen Skiing Co. beat out over 170 other potential buyers to purchase Intrawest’s six ski resorts across Canada and the United States. The deal, which included 1,113 acres of land, was finalized at $1.7 billion, or $23.75 per share.

Hopeful bidders included veteran resort operators, billionaires, and financial firms from all over the world. From December to February, Intrawest examined the 173 potential bidders, thinning the number to 78, then just six. Many bidders got cold feet, citing abysmal industry growth, financial worries, and climate change concerns.

Though Aspen Skiing Co. was originally only interested in a few of Intrawest’s offerings, the company was only willing to sell the entire lot. According to a SEC filing, the deal is expected to finalize sometime in late summer or early fall of 2017.

# data[].attributes.attachment_link.title
Eric DeMarcus - Wealth Management Advisor in Greater San Jose

# data[].attributes.attachment_link.description
As a former agriculturist at KE Ranch, an almond and walnut farm in Hughson, California, Eric DeMarcus oversaw daily growing operations and spearheaded innovations in the ranch's irrigation and fertilization processes. In 2000 Eric DeMarcus joined Harrington Industrial Plastics, where he sold and engineered complex technological systems for organizations ranging from Lockheed Martin to the San Francisco Zoo.

# data[].attributes.attachment_link.description
View Eric DeMarcus' profile on AngelList, the startup and tech network - Managing Director - Los Gatos - As a managing director with Silicon Valley Private Wealth in Los Gatos, CA, Eric DeMarcus...

# data[].attributes.attachment_link.readable_text
Eric DeMarcus is an experienced wealth management advisor and investment professional who has worked with high-net-worth individuals and both for-profit and nonprofit organizations. His areas of expertise include public and private initiatives in the venture capital and high-tech sectors. Over the course of his career, Eric DeMarcus has served as a financial planner with American Express in Campbell, California; a portfolio and planning specialist with Morgan Stanley in San Jose, California; and an investment officer and initial public offering coordinator with Wells Fargo Private Bank in Palo Alto, California.

Since September 2016, Eric DeMarcus has managed operations at Silicon Valley Private Wealth in Los Gatos, California. This comprehensive wealth management group works closely with clients to provide customized strategic planning that extends beyond traditional financial services.

When he isn't busy at the office, Mr. DeMarcus mentors young business professionals to help them achieve their personal and career goals. He is also an avid reader and world traveler.

# data[].attributes.attachment_link.description
Eric DeMarcus is an experienced wealth management advisor and investment professional who has worked with high-net-worth individuals and both for-profit and nonprofit organizations. His areas of expertise include public and private initiatives in the venture capital and high-tech sectors.