Six Flags sells 7 theme parks across US, Canada in $331M move to cut debt

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Six Flags sells 7 theme parks across US, Canada in 1M move to cut debt — Six Flags sells 7 theme parks across US Canada in.jpg

Six Flags Entertainment to Sell Seven Amusement Parks

Six Flags Entertainment has announced plans to sell seven of its amusement parks in the United States and Canada to EPR Properties. The deal, valued at around $331 million, includes parks such as Michigan’s Adventure, Six Flags Great Escape, and Valleyfair.

According to Six Flags CEO John Reilly, the sale is part of the company’s strategy to focus on properties that offer the strongest returns and long-term growth potential. The parks will continue to operate under new management, with Enchanted Parks and La Ronde Operations taking over operations.

Despite the sale, Six Flags will still operate 34 parks across North America for the 2026 season. Season pass holders will be able to use their passes through the 2026 operating season.

Six Flags will sell off seven parks across the US and Canada for around $331 million. MediaNews Group via Getty Images

The Six Flags Magic Mountain entrance sign on re-opening day. — Cash proceeds from the transactions will be used to pay down the company’s debt. AFP via Getty Images

The sale is expected to close by the end of the first quarter or the beginning of the second quarter of 2026. The seven parks collectively hosted about 4.5 million guests last year, generating $260 million in net revenue. Proceeds from the sale will be used to pay down debt, according to the company.

“This strategic acquisition represents a compelling opportunity to expand our attractions portfolio with high-quality experiential real estate assets in established regional markets,” said EPR Properties CEO Gregory Silvers.