Palace Entertainment
Encyclopedia
Palace Entertainment is an American amusement and entertainment company owned by Parques Reunidos
. The company was established in 1998 after the acquisition of four independently owned family entertainment companies with the five brands Camelot Parks, Palace Park
, Boomers!, Grand Prix Race-O-Rama and Family Fun Center, by Spanish amusement company Parques Reunidos.
The company currently operates 40 amusement park
s, water park
s, and family entertainment center
s throughout the United States.
On February 27, 2006, it was announced that MidOcean Partners
was to acquire Palace Entertainment. The closing of this transaction occurred in the second quarter 2006.
On August 24, 2007, MidOcean Partners
sold Palace Entertainment to Parques Reunidos
http://www.parquesreunidos.com/ for $330 Million. This transaction closed in the third quarter of 2007.
Parques Reunidos
Parques Reunidos is an international entertainment operator based in Madrid, Spain. The group operates over 50 parks in almost a dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars...
. The company was established in 1998 after the acquisition of four independently owned family entertainment companies with the five brands Camelot Parks, Palace Park
Palace Park
The Palace Park is a public park in the center of Oslo, Norway, surrounding the Royal Palace. It is . It was built during the 1840s and was designed by Hans Ditlev Franciscus Linstow, who was the main architect of the palace...
, Boomers!, Grand Prix Race-O-Rama and Family Fun Center, by Spanish amusement company Parques Reunidos.
The company currently operates 40 amusement park
Amusement park
thumb|Cinderella Castle in [[Magic Kingdom]], [[Disney World]]Amusement and theme parks are terms for a group of entertainment attractions and rides and other events in a location for the enjoyment of large numbers of people...
s, water park
Water park
A waterpark is an amusement park that features waterplay areas, such as water slides, splash pads, spraygrounds , lazy rivers, or other recreational bathing, swimming, and barefooting environments...
s, and family entertainment center
Family entertainment center
A family entertainment center , often abbreviated FEC in the entertainment industry, is a small amusement park marketed towards families with small children to teenagers, and often entirely indoors or associated with a larger operation such as a theme park...
s throughout the United States.
On February 27, 2006, it was announced that MidOcean Partners
MidOcean Partners
MidOcean Partners is a private equity firm specializing in leveraged buyouts, recapitalizations and growth capital investments in middle-market companies...
was to acquire Palace Entertainment. The closing of this transaction occurred in the second quarter 2006.
On August 24, 2007, MidOcean Partners
MidOcean Partners
MidOcean Partners is a private equity firm specializing in leveraged buyouts, recapitalizations and growth capital investments in middle-market companies...
sold Palace Entertainment to Parques Reunidos
Parques Reunidos
Parques Reunidos is an international entertainment operator based in Madrid, Spain. The group operates over 50 parks in almost a dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars...
http://www.parquesreunidos.com/ for $330 Million. This transaction closed in the third quarter of 2007.
Parks
- Big Kahuna'sBig Kahuna'sBig Kahuna's Lost Paradise is an water park located in Destin, Florida, which opened in 1986. The park is primarily a water park, with over forty water attractions. The park also features several thrill ride attractions and a miniature golf course....
(Destin, FloridaDestin, FloridaDestin is a city located in Okaloosa County, Florida. It is a principal city of the Fort Walton Beach-Crestview-Destin, Florida Metropolitan Statistical Area.Located on Florida's Emerald Coast, Destin is known for its white beaches and emerald green waters...
) - Castle ParkCastle Park (theme park)Castle Park, formerly Castle Amusement Park, is an amusement park and family amusement center located in Riverside, California. The park utilizes a medieval "castle" theme and includes attractions such as a miniature golf course, arcade, and 21 amusement rides including three rollercoasters such as...
(Riverside, CaliforniaRiverside, CaliforniaRiverside is a city in Riverside County, California, United States, and the county seat of the eponymous county. Named for its location beside the Santa Ana River, it is the largest city in the Riverside-San Bernardino-Ontario metropolitan area of Southern California, 4th largest inland California...
) - Dutch WonderlandDutch WonderlandDutch Wonderland is a amusement park just east of Lancaster, Pennsylvania, appealing primarily to families with small children. The park's theme is a "Kingdom for Kids." The entrance to the park has a real stone castle façade, which was built by Earl Clark, a potato farmer, before he opened the...
(Lancaster, PennsylvaniaLancaster, PennsylvaniaLancaster is a city in the south-central part of the Commonwealth of Pennsylvania. It is the county seat of Lancaster County and one of the older inland cities in the United States, . With a population of 59,322, it ranks eighth in population among Pennsylvania's cities...
) - Idlewild and Soak ZoneIdlewild and Soak ZoneIdlewild and Soak Zone, commonly known as Idlewild Park or simply Idlewild, is a family amusement park situated in the Laurel Highlands near Ligonier, Pennsylvania, United States, about east of Pittsburgh, along US Route 30. Founded in 1878 as a campground along the Ligonier Valley Railroad by...
(Ligonier, PennsylvaniaLigonier, PennsylvaniaLigonier is a borough in Westmoreland County, Pennsylvania, United States. The population was 1,695 at the 2000 census. Ligonier was settled in the 1760s. The borough is well known for nearby Idlewild Park, one of the oldest amusement parks in the country, and nearby Seven Springs Mountain Resort...
) - KennywoodKennywoodKennywood is an amusement park located in West Mifflin, Pennsylvania, a suburb of Pittsburgh. The park first opened in 1898 as a "trolley park" at the end of the Monongahela Street Railway. The park was purchased in 1906 by F. W. Henninger and Andrew McSwigan and thus began the Kennywood...
(West Mifflin, PennsylvaniaWest Mifflin, PennsylvaniaWest Mifflin is a borough in Allegheny County, Pennsylvania, United States, located southeast of downtown Pittsburgh. The population was 20,313 at the 2010 census....
) - Lake CompounceLake CompounceLake Compounce is an amusement park located in Bristol, Connecticut, United States and a part of the neighboring town of Southington, Connecticut; the lake itself lies completely in Southington. It is the oldest continuously operating amusement park in North America, having operated every year...
(Bristol, ConnecticutBristol, ConnecticutBristol is a suburban city located in Hartford County, Connecticut, United States southwest of Hartford. According to 2006 Census Bureau estimates, the population of the city is 61,353. Bristol is primarily known as the home of ESPN, whose central studios are in the city. Bristol is also home to...
) - Mountain CreekMountain CreekMountain Creek is the ski resort closest to New York metropolitan area, located in Vernon Township, New Jersey, on Route 94, from the George Washington Bridge. It offers 167 skiable acres on four mountain peaks, 100% night skiing/snowboarding, and the region's highest vertical feet. Mountain Creek...
(Vernon, New Jersey) - Raging WatersRaging WatersRaging Waters is the name of three water theme parks located in Sacramento, San Dimas, and San Jose, California. They are the largest water parks in the state of California. The three parks are owned by Palace Entertainment but each contains different attractions...
(Sacramento, CaliforniaSacramento, CaliforniaSacramento is the capital city of the U.S. state of California and the county seat of Sacramento County. It is located at the confluence of the Sacramento River and the American River in the northern portion of California's expansive Central Valley. With a population of 466,488 at the 2010 census,...
) - Raging WatersRaging WatersRaging Waters is the name of three water theme parks located in Sacramento, San Dimas, and San Jose, California. They are the largest water parks in the state of California. The three parks are owned by Palace Entertainment but each contains different attractions...
(San Dimas, CaliforniaSan Dimas, CaliforniaSan Dimas is a city located in the San Gabriel Valley, in Los Angeles County, California. As of the 2010 census, the city had a total population of 33,371. The city historically took its name from San Dismas Canyon in the San Gabriel Mountains above the northern section of present day San Dimas...
) - Raging WatersRaging WatersRaging Waters is the name of three water theme parks located in Sacramento, San Dimas, and San Jose, California. They are the largest water parks in the state of California. The three parks are owned by Palace Entertainment but each contains different attractions...
(San Jose, CaliforniaSan Jose, CaliforniaSan Jose is the third-largest city in California, the tenth-largest in the U.S., and the county seat of Santa Clara County which is located at the southern end of San Francisco Bay...
) - Sandcastle WaterparkSandcastle WaterparkSandcastle is a water park located in the Pittsburgh suburb of West Homestead. The park is located on a piece of land along the banks of the Monongahela River. Sandcastle is owned by Parques Reunidos, who purchased Kennywood Entertainment. The company runs its original sister parks, Kennywood,...
(West Homestead, PennsylvaniaWest Homestead, PennsylvaniaWest Homestead is a borough in Allegheny County, Pennsylvania, southeast of Pittsburgh, on the Monongahela River. Heavy industries associated with nearby steel mills existed here. Established were axle works, brickworks, and manufactories of machinery, car wheels, etc. In 1910, 3,009 people lived...
) - Sea Life Park (Waimanalo Beach, HawaiiWaimanalo Beach, HawaiiWaimānalo Beach is a census-designated place located in the City & County of Honolulu, in the District of Koolaupoko on the island of Oahu in the U.S. state of Hawaii. This small windward community is located near the eastern end of the island and the climate is dry. As of the 2000 Census, the...
) - Silver Springs Nature Theme ParkSilver Springs Nature Theme ParkSilver Springs Nature Theme Park is a zoological park located in Silver Springs, Florida, USA, east of Ocala. Although not truly a theme park, Silver Springs is a nature and zoological park occupying land owned by the state of Florida as part of the Silver River State Park.The property for the park...
(Silver Springs, FloridaSilver Springs, FloridaSilver Springs is a U.S. populated place and spring in Marion County, Florida, just to the east of the city of Ocala. It is part of the Ocala Metropolitan Statistical Area....
) - Splish SplashSplish SplashSplish Splash is a water park in Riverhead, New York. It features 30 rides and runs from May through September. Travel Channel ranked Splish Splash the third best water park in the United States.-History:...
(Riverhead, New York) - Story LandStory LandStory Land is a theme park located in Glen, New Hampshire.In the few years prior to opening, the founders, Bob and Ruth Morrell, had purchased a large number of dolls from Germany based on storybook characters. This was the basis for the park. When it opened, it had just one ride: a ride on an old...
(Bartlett, New HampshireBartlett, New HampshireBartlett is a town in Carroll County, New Hampshire, United States. The population was 2,788 at the 2010 census. Bartlett includes the villages of Glen, Lower Bartlett and Intervale. It is set in the White Mountains, surrounded by the White Mountain National Forest...
) - Water CountryWater CountryWater Country, touted as being "New England's Largest, Cleanest, Safest, and Friendliest Waterpark", is located in Portsmouth, New Hampshire, United States. It opened in 1984 and was owned by the Samuels family until they were bought out by Festival Fun Parks in 2000...
(Portsmouth, New HampshirePortsmouth, New HampshirePortsmouth is a city in Rockingham County, New Hampshire in the United States. It is the largest city but only the fourth-largest community in the county, with a population of 21,233 at the 2010 census...
) - Waterworld CaliforniaWaterworld CaliforniaWaterworld California is a water park located in Concord, California. It was developed, owned and operated by Premier Parks, and now it is under the management of Palace Entertainment.-Recent Events:...
(Concord, CaliforniaConcord, CaliforniaConcord is the largest city in Contra Costa County, California, USA. At the 2010 census, the city had a population of 122,067. Originally founded in 1869 as the community of Todos Santos by Salvio Pacheco, the name was changed to Concord within months...
) - Wet 'n Wild Emerald PointeWet 'n Wild Emerald PointeWet 'n Wild Emerald Pointe is a water park located in Greensboro, North Carolina, United States. It is part of the Wet 'n Wild chain of water parks. It is the 12th largest water park in the United States using over of water...
(Greensboro, North CarolinaGreensboro, North CarolinaGreensboro is a city in the U.S. state of North Carolina. It is the third-largest city by population in North Carolina and the largest city in Guilford County and the surrounding Piedmont Triad metropolitan region. According to the 2010 U.S...
) - Wild WatersWild WatersWild Waters is a water park in Ocala, Florida. It is the sister park of Silver Springs Theme Park in Ocala. Wild Waters features a large wave pool and children's pool area. The deck surrounding the wave pool is filled with lounge chairs. Because Wild Waters is the sister park of Silver Springs, it...
(Silver Springs, FloridaSilver Springs, FloridaSilver Springs is a U.S. populated place and spring in Marion County, Florida, just to the east of the city of Ocala. It is part of the Ocala Metropolitan Statistical Area....
)
Family Entertainment Centers
- Boomers! ParksBoomers! ParksBoomers! Parks is a chain of family amusement centers which feature indoor activities including carousels, kiddie swings, restaurants, musical shows and amusement arcades; and outdoor activities including miniature golf, kiddie rides, bumper boats, batting cages, go-karts, kiddie roller coasters,...
(14 Parks) - Malibu Grand PrixMalibu Grand PrixMalibu Grand Prix is an entertainment company that was hugely popular during the 1970s and 1980s as a franchised miniature indy car racing track. The typical complex included a 3000-4000 sq ft...
(3 Parks) - Mountasia (3 Parks)
- SpeedZoneSpeedZoneSpeedZone, also known as Malibu and Malibu SpeedZone are the names of a group of motorsports-themed family entertainment centers throughout the United States...
(2 Parks)