Land South Holdings buys Cypress Gardens, Herschend buys Wild Adventures

Posted Wednesday, September 26, 2007 10:02 AM | Contributed by Barry Short

Mulberry-based Land South Holdings bought the oldest theme park in the state Tuesday for $16.8 million at a bankruptcy auction in Georgia. Former owner Kent Buescher plans to stay on as CEO of the Gardens.

Read more from The Ledger.

Adventures Park Group (APG) and Herschend Family Entertainment Corporation (HFE) today confirmed HFE was the successful bidder at public auction for APG’s Wild Adventures Theme Park. Based in Valdosta, Georgia, the 166-acre park features 100 rides and attractions including nine roller coasters, hundreds of animals and a water park. After a bankruptcy approval hearing to be held on September 27, 2007, HFE will become the sole owner of Wild Adventures. Herschend paid $34.5 million for the Valdosta park at the auction.

Read the press release on Business Wire.

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