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Six Flags Sells Valleyfair, 6 Other Parks to New Owner
Six Flags will use $331 million from selling seven parks to reduce debt while EPR Properties manages the parks, which had 4.5 million visitors last year.
- Six Flags Entertainment Corporation said it will divest seven parks, including Valleyfair in Shakopee, to EPR Properties for $331 million.
- Six Flags said the sale will streamline its business model and focus capital on higher-return properties, using cash proceeds after taxes and transaction expenses to pay down debt, Six Flags President and CEO John Reilly said.
- The seven parks hosted about 4.5 million visitors last year and generated about $260 million in net revenue with $45 million in adjusted EBITDA, while EPR Properties will partner with Enchanted Parks and La Ronde Operations, Inc. to manage them.
- The parks will maintain regular operating schedules during the transition, EPR and Six Flags said, with Valleyfair and others honoring all 2026 season passes and memberships through the year.
- Six Flags only recently purchased Valleyfair on July 1, 2024, and the transaction is expected to close by the end of Q1 or start of Q2 2026 with opening weekend May 9.
15 Articles
15 Articles
Six Flags selling 7 parks, including 4 in the Midwest, in $331M deal
Six Flags has agreed to sell seven of its theme parks, including four in the Midwest, the company announced Thursday. North America’s largest regional theme park operator agreed to sell parks that over four million people visit annually in exchange for a payout of $331 million from a company called EPR Properties. “This strategic acquisition represents a compelling opportunity to expand our attractions portfolio with high-quality experiential re…
Fox Business
The New York LedgerSix Flags to sell 7 amusement parks in deal worth more than $330M
Six Flags Entertainment will sell off seven of its amusement parks in the United States and Canada to EPR Properties, the company announced Thursday.On Thursday, the company said it would sell off Michigan's Adventure in Muskegon, Michigan; Schlitterbahn Waterpark Galveston in Texas; Six Flags Great Escape in Queensbury, New York; Six Flags La Ronde in Montreal; Six Flags St. Louis in Missouri; Valleyfair in Minneapolis and Worlds of Fun in Kans…
Valleyfair being sold, Six Flags says
SHAKOPEE, MINN – Valleyfair is being sold. Six Flags announced this week to EPR Properties at a price of approximately $315 million. Valleyfair is one of seven parks that Six Flags has entered into definitive agreements with. The others are in Michigan, Texas, New York, Quebec and Missouri. All seven parks combined comprise over 1,600 acres, featuring 418 attractions across five states and Canada, and drawing approximately 4.5 million annual att…
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