Six Flags sells 7 parks to EPR Properties for $331M
Key Points:
- Six Flags Entertainment announced the sale of seven amusement parks in the U.S. and Canada to EPR Properties for approximately $331 million, including Michigan's Adventure, Schlitterbahn Waterpark Galveston, and Six Flags La Ronde.
- The divestiture aims to allow Six Flags to focus capital and leadership on properties with the strongest returns and long-term potential, according to CEO John Reilly.
- EPR Properties plans to partner with Enchanted Parks to manage the six U.S. parks, while La Ronde Operations will operate the Canadian park; all parks will maintain their regular schedules and honor season passes through 2026.
- The seven parks attracted around 4.5 million visitors last year and generated about $260 million