Premier Parks, LLC

Premier Parks, LLC
TypePrivate
IndustryAmusement park operator
Founded2009 (2009)
FoundersKieran Burke and Gary Story
HeadquartersOklahoma City,
United States
Area served
United States, Canada
Key peopleKieran Burke (CEO)
Susan Hughes (CFO)
DivisionsLa Ronde Operations
Websitepremierparks.com

Premier Parks, LLC (formerly Rapids Holdings, LLC and Premier Attractions Management, LLC) is a limited liability company based in the United States. The company owns and operates several amusement parks and water parks across the US and Canada.

History

The company was founded by Kieran Burke and Gary Story, who had previously worked for more than a decade as chief executive officer and chief operating officer at Six Flags. In November 2009, the pair purchased Nashville Shores, which consisted of a marina, RV park and water park. They redeveloped the water park for the 2010 season. In early 2011, the pair announced that they had purchased the Ocean Breeze Waterpark in Virginia with plans to renovate it for the 2011 season.[1]

They seized an opportunity that arose in late 2010, when CNL Lifestyle Properties terminated its lease agreements with PARC Management for eight parks.[2] They founded Premier Attractions Management, which in 2011 began operating three CNL properties: Frontier City, SplashTown Houston, and White Water Bay[3] Burke and Story later gained operational control of other CNL parks.[4][5] In 2013, the company changed its name to Premier Parks, LLC, taking the former corporate name of the company that had acquired and taken the name of Six Flags.[6]

In late 2016, CNL sold their attractions portfolio to EPR Properties,[7] which then hired Premier Parks to run them.[8]

In May 2017, operations of Waterworld California were transferred to Six Flags Entertainment Corporation, which had previously owned the park and also own the nearby Six Flags Discovery Kingdom.[9] In May 2018, Six Flags announced that they had entered into a purchase agreement with Premier Parks to acquire the lease rights to operate five other parks: Darien Lake, Frontier City, Wet'n'Wild Phoenix, Wet'n'Wild SplashTown, and White Water Bay.[10]

Properties

Full ownership

Operated for EPR Properties

Operated for Kroenke Entertainment

Former properties

Full ownership

Operated for EPR Properties

Operated for Lucky Strike Entertainment

  • Raging Waves Waterpark (2024–2025); Operations taken over by Lucky Strike Entertainment[19]

See also

References

  1. 1 2 3 "Former Six Flags executives Breeze into Virginia". Park World Magazine. January 20, 2011. Archived from the original on December 2, 2013. Retrieved November 24, 2013.
  2. ↑ "CNL Lifestyle Properties and PARC Management End Lease Relationship" (PDF) (Press release). CNL Lifestyle Properties. November 24, 2010. Retrieved November 24, 2013.
  3. ↑ "CNL announces new management for eight parks". Park World Magazine. January 25, 2011. Archived from the original on December 3, 2013. Retrieved November 24, 2013.
  4. 1 2 Silverstein, Stephanie (November 21, 2013). "Premier Parks to take over operation of Wet 'n' Wild Hawaii". Pacific Business News. Retrieved November 23, 2013.
  5. 1 2 "CNL Lifestyle Properties acquires one of south Florida's largest water parks" (PDF) (Press release). CNL Lifestyle Properties. July 2, 2012. Retrieved November 24, 2013.
  6. 1 2 "Genesis Capital Advises Raging Waves on Sale to Bowlero Corporation (NYSE: BOWL) | Genesis Capital". Retrieved August 22, 2025.
  7. ↑ "EPR Acquisition of CNL Portfolio" (PDF). Retrieved January 21, 2017 – via EPR Properties.
  8. ↑ "EPR Acquisition of CNL Portfolio" (PDF).
  9. ↑ "Waterworld California Becomes Six Flags' 20th Property". Six Flags Entertainment Corp. April 27, 2017. Retrieved April 28, 2017.
  10. ↑ "Six Flags Adds Five More Parks to US Portfolio" (Press release). Six Flags Entertainment Corporation. Business Wire. Retrieved May 23, 2018.
  11. ↑ "Premier parks acquires wild water kingdom water park near Toronto « Amusement Today". amusementtoday.com. July 22, 2016. Retrieved August 5, 2016.
  12. ↑ "EPR Acquisition of CNL Portfolio" (PDF).
  13. ↑ "EPR Acquisition of CNL Portfolio" (PDF).
  14. ↑ https://www.seattletimes.com/life/culture/wild-waves-federal-way-theme-park-will-close-after-2026-season/
  15. ↑ "Indiana park operator buys Clementon Park for $2.3 million". www.inquirer.com. Archived from the original on March 25, 2021.
  16. ↑ "Premier to operate Pacific Park in California". The Journal Record. May 1, 2018. Retrieved March 7, 2026.
  17. ↑ Abramovitch, Seth (March 14, 2024). "Santa Monica Pier's Pacific Park Sells to Investment Group". The Hollywood Reporter. Retrieved July 13, 2025.
  18. ↑ "Wet N' Wild Palm Springs sold; will be closed for 2019 season – KESQ". www.kesq.com. Archived from the original on January 12, 2019.
  19. ↑ "Lucky Strike Entertainment | Lucky Strike Entertainment". ir.luckystrikeent.com. Retrieved July 23, 2026.