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Palace Entertainment Holdings, Inc.

Contact Information
Palace Entertainment Holdings, Inc.
4590 MacArthur Blvd., Ste. 400
Newport Beach, CA 92660
CA Tel. 949-797-9700
Fax 949-261-1414

Type: Private
On the web: http://www.palaceentertainment.com
Employees: 9,000

Palace Entertainment Holdings wants to rule the fun realm. The company owns more than 30 family fun centers and water parks in eight states. Palace Entertainment's family locations include such features as go-cart racing, video game arcades, laser tag, and bumper boats. They operate under the Boomer's, Castle Park, SpeedZone, and Mountasia names, among others. Visitors can also slip and slide at Palace Entertainment's nine water parks such as Water Country, Big Kahuna's, Wet 'n Wild, and Splish Splash. The firm has been on a buying spree as of late; the additions have helped to boost the company's annual attendance to about 10 million visitors a year. Parques Reunidos acquired the company in 2007.

Key numbers for fiscal year ending 2007:
Sales: $311.3M

Officers:
VP Marketing: Rebecca Tortorelli
SVP New Business Development: James (Chip) Cleary
CEO and Director: Amusement Parks, Arcades & Attractions

Competitors:
Busch Entertainment
Six Flags
Disney Parks & Resorts

 
 
Wikipedia: Palace Entertainment

Palace Entertainment was established in 1998 after the acquisition of four independently owned family entertainment companies. The company currently operates 33 parks. These parks include parks directly operated by Palace Entertainment, or parks operated by the company's chains listed below.

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 [Parque Reunidos ([1])] for $330 Million. This transaction is expected to close in the third quarter of 2007.

Parks

Chains

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