FUN · Six Flags Entertainment Corporation

Summary

Six Flags Entertainment Corporation entered into an Equity Purchase Agreement on March 5, 2026, to sell assets and liabilities of six parks to EPR Properties and EP OPCO WOFR, LLC for $318,885,000 in cash, subject to adjustments. The transaction, part of portfolio optimization, will generate total cash proceeds of $331 million from seven parks including Six Flags La Ronde.

Key takeaways

• Entered Equity Purchase Agreement on 2026-03-05 with EPR Properties (Buyer) and EP OPCO WOFR, LLC (Operator)
• Selling six parks: Worlds of Fun, Michigan’s Adventure, Valleyfair, Six Flags Great Escape, Schlitterbahn Waterpark Galveston, Six Flags St. Louis for $318,885,000 cash
• Total seven parks divestiture to EPR Properties for $331 million cash, subject to adjustments
• Parks generated ~$260 million net revenue and ~$45 million Adjusted EBITDA for year ended 2025-12-31
• 10% of purchase price in escrow for indemnification; transition services up to Dec 31, 2026
• Expected to close end Q1 or start Q2 2026, subject to closing conditions and third-party consents