Six Flags Entertainment Corporation Announces Major Sale

Six Flags Entertainment Corporation has revealed its intention to divest seven of its amusement parks to EPR Properties in a cash transaction valued at $331 million. This strategic decision is part of a larger initiative aimed at concentrating on its most successful parks and enhancing its financial health.

EPR Properties, headquartered in Kansas City, Missouri, will acquire the parks under terms that include typical price adjustments found in significant business transactions. Six Flags anticipates that this sale will aid in decreasing its debt and fortifying its financial standing. Additionally, company executives indicated that the funds will enable further investment in parks with greater growth potential.

Details of the Parks Included in the Sale

The agreement encompasses seven parks situated in the United States and Canada, which have attracted millions of visitors in recent years and are vital attractions in their respective areas. The properties involved in the sale include Valleyfair in Minneapolis, Minnesota, and Worlds of Fun in Kansas City, Missouri. Also included is Michigan’s Adventure located near Grand Rapids, Michigan. Other notable attractions in the deal are Schlitterbahn Waterpark Galveston in Texas and Six Flags St. Louis in Missouri. The transaction also covers Six Flags Great Escape in Queensbury, New York, and Six Flags La Ronde in Montreal, Canada. Collectively, these parks welcomed approximately 4.5 million guests in 2025, generating around $260 million in revenue and about $45 million in adjusted EBITDA, a standard metric for operating profit.

Reasons Behind Six Flags' Decision to Sell

According to company leaders, this sale aligns with a long-term strategy to streamline the company’s portfolio and concentrate on parks with higher growth prospects. In a statement on its website, Six Flags emphasized the significance of these parks to their communities and visitors, noting that employees at these locations have created lasting memories for millions over the years. The company expressed confidence that the parks will thrive under new ownership, as EPR Properties and its operational partners possess the necessary experience in managing similar attractions.

Six Flags intends to allocate the majority of the proceeds from the sale, after accounting for taxes and other expenses, towards debt reduction, which is expected to enhance its financial stability. John Reilly, the president and CEO of Six Flags, remarked that the company has long felt its earnings potential has not been fully tapped. He stated that this transaction will simplify operations and allow leadership to focus on more promising opportunities, with the expectation that the parks will continue to succeed under EPR and its partners. Six Flags looks forward to directing more investment into its most popular parks as it plans future enhancements and new attractions.