Palace Entertainment sold for $200 million

Posted | 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.

Related parks

Wet 'n Wild Emerald Pointe

Let's hope everything goes well for Castle Park as I know they were a bit nervous about this sale.

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.

Yeah, they've got Splish Splash

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?

Whoever buys it, let's hope he or she likes wood. ;)

I'd just like to see (and hear) the band organs playing again

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