GRAND PRAIRIE, Texas: Six Flags Entertainment has entered into a purchase agreement with affiliates of Premier Parks, LLC to acquire the lease rights to operate five parks owned by EPR Properties.
The parks have previously been operated by Premier Parks, LLC of Oklahoma City. These acquisitions will expand the company’s portfolio of North American parks to twenty-five.
The parks joining the Six Flags family are Wet n’ Wild Splashtown the Houston’s largest waterpark,
Wet n’ Wild Phoenix the largest waterpark in Arizona, Darien Lake near Buffalo, NY, Frontier City an iconic part of the Oklahoma City landscape and White Water Bay near Frontier City. “These are all fantastic properties that complement our existing portfolio and provide tremendous added value and cross-visitation opportunities for our extensive Membership and Season Pass base,” said Six Flags Chairman, CEO, and President, Jim Reid-Anderson.
Six Flags upon closing of the transactions will be the largest water park operator in North America.
With the addition of these five properties that entertained approximately two million guests in 2017, there will be an additional 20 million guests within a 100-mile radius of a Six Flags park, significantly expanding the company?s national footprint.
The closing of transactions contemplated by the agreement is expected to occur in June 2018 and is subject to customary closing conditions.
Information Source: Six Flags Entertainment Corporation
Photo courtesy of Six Flags Entertainment Corporation