Billionaires join a special club of the elite who have world-class features. The successful spend time together. How are Randal Nardone, Intrawest Resorts Holdings & SoftBank examples of world-class execution?
Luxury Intrawest Resorts Holdings
In 1976, Intrawest was founded in Denver, Colorado as a luxury adventure travel company. The Fortress Investment Group purchased Intrawest in 2006. Americans enjoyed the luxury mountain ski resorts offered by Intrawest.
Birds of a Feather Flock Together
Intrawest is the largest operator of resorts with skiing, snowboarding, golf, lodging, mountain biking and real estate holdings. Its property included real estate in Colorado, Mexico, Utah, Vermont, West Virginia, Alberta and Quebec. Eventually, Intrawest was returned to private status.
SoftBank Buys Fortress
As part of its SoftBank Vision Strategy 2.0, SoftBank acquired the Fortress Investment Group for $3.3 billion. It saw this as one piece of the puzzle to build the infrastructure of tomorrow. The New Infrastructure was being established.
Now, the SoftBank officials can also enjoy the luxury ski resorts of IntraWest. “Birds of a feather flock together.” The world elite like to meet at luxury ski resorts, like Davos, Switzerland. Now, SoftBank can do the same with IntraWest resorts.
SoftBank’s Chief Executive Masayoshi Son stated that Fortress had a “world-class investment platform.” It was a very valuable asset to add to the SoftBank portfolio. Gradually, the pieces were added together to create a masterpiece.
Randal Nardone has established a powerful company in Fortress. He has helped the firm add IntraWest to the mix. Now, SoftBank has joined hands with Fortress. They are planning on creating a powerful new infrastructure for the future.
World-Class execution has been achieved by Randal Nardone, Intrawest Resorts Holdings & SoftBank in creating the infrastructure for the future. Is this the foundation for a New Age? Only the future will reveal the truth.
Read More: www.marketswiki.com/wiki/Randal_A._Nardone