Ski industry media reports that Clear Creek County’s Echo Mountain has been sold for an undisclosed amount to Jogan Inc., LLC. This follows an aquisition of the spot by Minnesota-based Burwell Enterprises in 2016 for $3.78 million.

A publication called Powder announced the sale after receiving a press release on the matter on Wednesday, September 20.

Echo Mountain has yet to issue an official announcement related to the sale or future plans for the area. Hours before the news broke, the ski area posted the following statement: “We have some big news we’re pumped to share with everyone but need a little more time before we share details.”

Plans the buyer has for the spot haven’t been addressed, but given recent and ongoing investments in Echo Mountain as a ski area, including recent building renovations, it could be presumed that the destination will remain a spot for skiers.

The Jogan, Inc. LinkedIn page notes that the company is headquartered in Englewood, Colorado, describing itself as “a shared services organization founded by entrepreneur Dan Dietrich. The growing company aims to revolutionize the staffing, transportation, security, consumer, wellness, medical, and real estate industries with technological innovation and comprehensive solutions that bring communities closer together.”