Kansas City real estate investment company EPR Properties announced today, March 5, it has purchased seven regional parks from Six Flags Entertainment Corporation, including Six Flags St. Louis, in a deal valued at $342 million.
The sale won’t affect the 2026 season at Six Flags St. Louis, which begins in April and closes in November, according to a release from the amusement park company. All purchased season passes and day passes will be honored.
The sale is expected to close in late March or early April, according to a written statement from EPR Properties.
Other parks included in the sale are Michigan’s Adventure in Muskegon, Mich., Schlitterbahn Waterpark in Galveston, Texas, Six Flags Great Escape in Queensbury, N.Y., Six Flags La Ronde in Montreal, Quebec, Valleyfair in Minneapolis, Minn., and Worlds of Fun in Kansas City, Mo.
Six Flags St. Louis will be operated by Enchanted Parks, which will also operate the five other U.S. parks. La Ronde Operations, Inc. will operate the Canadian park.
The sale allows Six Flags Entertainment Corporation to “streamline” its portfolio of parks, and “focus on what matters most,” according to a written statement from Six Flags. The company now operates 34 amusement parks across North America.
“We understand how meaningful these parks are to the communities they serve and to the guests who have grown up visiting them,” the statemen said. “We are confident in the future of these parks under the care of EPR and its operating partners, who have strong experience managing parks of this scale. At the same time, this decision allows Six Flags to invest more deeply in the parks with the greatest opportunity for growth and innovation.”
The EPR statement said the investment company has about $5.7 billion in total assets across 43 states and Canada, focusing on venues that facilitate “out-of-home leisure and recreation experiences.” Enchanted Parks is the third largest privately held regional park operator in the U.S., operating eight locations nationwide.
“This strategic acquisition represents a compelling opportunity to expand our attractions portfolio with high-quality experiential real estate assets in established regional markets,” said Gregory K. Silvers, chief executive officer of EPR Properties. “These properties embody the essential characteristics we seek: delivering stable, long-term cash flows, strong drive-to accessibility, multi-generational appeal, and significant underlying land value.”
At the 34 remaining parks still owned by Six Flags, the company states it will invest in new rides and attractions; upgrade park infrastructure and technology; enhance the guest experience and introduce new innovations.
“Our purpose is unchanged: to deliver thrills, create memories, and offer the kind of fun that only Six Flags can bring to life,” the company’s statement said. “This next chapter isn’t just about creating a more focused company, it is about unlocking our full potential and building a stronger Six Flags for our guests, our team members and our communities.”
