Six Flags Entertainment Corporation has announced a new purchase agreement with Premier Parks, LLC in order to acquire the lease rights to five theme parks. This agreement will expand Six Flag’s portfolio of U.S. parks to 25.
“Today’s announcement represents another milestone in our strategic North American growth initiative to seek out park acquisitions that expand our addressable market,” said Jim Reid-Anderson, chairman, CEO and president of Six Flags. “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.”
The five parks joining Six Flags’ lineup are:
- Wet n’ Wild Splashtown – Houston’s largest water park, which covers over 48 acres and hosts a variety of waterslides and attractions, as well as two children’s areas.
- Wet n’ Wild Phoenix – The largest water park in Arizona, featuring 35 acres of fast slides, two pools, and a Wet n’ Wild Jr. section with kid-friendly versions of the park’s most thrilling attractions.
- Darien Lake – Located near Buffalo, N.Y., this 1,000-acre resort property includes a theme park, water park, hotel, campground, and a 21,000-seat amphitheater.
- Frontier City – An iconic part of Oklahoma City, this park offers a western theme with rides, attractions and shows for every member of the family.
- White Water Bay – Near Frontier City, this tropical oasis features 25 acres of waterslides, interactive water play areas, and pools.
Once the purchases are finalized, Six Flags will be the largest water park operator in North America. The transactions are expected to close in June 2018.
“We are thrilled to welcome these outstanding properties and employees into our family of parks and look forward to sharing the thrill of Six Flags with guests of all ages in these key markets,” said Reid-Anderson.
To learn more about Six Flags’ other offerings, visit SixFlags.com.