Six Flags Entertainment Corp. finalized an agreement on March 5, 2026, to sell seven of its theme parks to EPR Properties for a total of $331 million. This sale follows the company’s 2024 merger with Cedar Fair, which consolidated the two largest amusement park operators in the United States.
The divestiture includes Valleyfair in Minnesota, Worlds of Fun in Missouri, Michigan’s Adventure in Michigan, Six Flags St. Louis, Six Flags Great Escape in New York, Schlitterbahn Waterpark Galveston in Texas, and Six Flags La Ronde in Canada. These locations reported a combined attendance of approximately 4.5 million guests throughout the 2025 season.
EPR Properties, a real estate investment trust specializing in entertainment venues, will take ownership of the facilities. The incoming operator has confirmed that all seven parks will maintain normal operations for the 2026 season. Current season passes and active membership programs remain valid for park entry, ensuring continuity for existing guests.
Financial analysts note the sale reflects a move by Six Flags to refine its operational footprint. By selling these seven assets, Six Flags reduces its portfolio to 34 parks across 23 North American locations. The company stated that the sale allows it to concentrate capital and management resources on its higher-performing properties.
Valleyfair, which serves as a significant regional attraction with over 75 rides and attractions, is scheduled to open for the 2026 season on May 10. The park has been a staple in the region since 1976. For guests, the transition to EPR ownership marks a change in management oversight rather than a disruption in current service offerings.
The $331 million price tag averages roughly $47 million per property, though individual valuations likely vary based on land size, infrastructure, and annual revenue potential. The sale allows Six Flags to shed debt or reallocate funds toward capital improvements in its core, flagship parks. For the broader industry, this transaction highlights a period of consolidation and portfolio balancing among major theme park operators. With the sale finalized, the immediate impact on guests remains minimal, though market watchers will look to see if the new ownership implements operational changes or pricing strategy shifts in 2027 and beyond.