Palace Entertainment sold for $200 million

Posted Tuesday, February 28, 2006 9:07 AM | Contributed by coasterguts

Palace Entertainment will be sold for $200 million to a New York and London-based private investment firm, MidOcean Partners. The company operates a number of FEC's and water parks including Boomers and Wet 'N Wild.

Read more from Amusement Business.

Tuesday, February 28, 2006 9:36 AM
Let's hope everything goes well for Castle Park as I know they were a bit nervous about this sale.
Tuesday, February 28, 2006 1:43 PM
I am pretty sure they operate splish splash on long island too.

Its profitable water park that is always packed. They are always clsoing the gates because they are filled to capacity.

Tuesday, February 28, 2006 2:57 PM
Yeah, they've got Splish Splash
Tuesday, February 28, 2006 6:18 PM
I'll wager that Castle Park will be sold, as it's beyound the scope of the rest of Palace's operations. Bud Hurlbut had a bad case of sellers remorse after he sold out to Palace. Who knows, maybe he'll buy it back?
Thursday, March 2, 2006 10:03 AM
Whoever buys it, let's hope he or she likes wood. ;)
Thursday, March 2, 2006 7:17 PM
I'd just like to see (and hear) the band organs playing again

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