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Premier Parks, LLC

Premier Parks, LLC

Company type	Private
Industry	Amusement park operator
Founded	2009; 15 years ago (2009)
Founders	Kieran Burke and Gary Story
Headquarters	Oklahoma City, United States
Area served	United States, Canada
Key people	Kieran Burke (CEO) Susan Hughes (CFO)
Website	premierparks.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 country and one in Canada.

Kieran Burke and Gary Story previously held the positions of chief executive officer and chief operating officeratSix Flags for more than 10 years. In November 2009, the pair purchased Nashville Shores, consisting of a marina, RV park and water park. They redeveloped the water park for the 2010 season. In early 2011, it was announced the pair had purchased the Ocean Breeze Waterpark in Virginia with plans to renovate it for the 2011 season.^[1]

In 2011, the newly founded Premier Attractions Management began operating three properties owned by CNL Lifestyle Properties: Frontier City, SplashTown Houston, and White Water Bay^[2] CNL Lifestyle Properties had terminated its lease agreements with PARC Management for eight parks in late 2010.^[3] Burke and Story have since gained operational control of additional parks owned by CNL Lifestyle Properties.^[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 took the name of Six Flags.^[6]

In late 2016, CNL Lifestyle Properties sold their attractions portfolio to EPR Properties.^[7] Upon this transaction, EPR transferred management of these parks to Premier Parks, LLC, including ones previously operated by different groups.^[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 5 additional parks: Darien Lake, Frontier City, Wet'n'Wild Phoenix, Wet'n'Wild SplashTown, and White Water Bay.^[10]

Full Ownership

• Island H2O Water Park (2019–present)
• Nashville Shores (2009–present)^[1]
• Ocean Breeze Waterpark (2011–present)^[1]
• Wet'n'Wild Toronto (2016–present)^[11]

Operated for EPR Properties

• Calypso Park (2022–present)
• City Museum (2019–present)
• Hawaiian Falls Garland (2021–present)
• Hawaiian Falls The Colony (2021–present)
• Magic Springs (2017–present)^[12]
• Pacific Park (2018–present) ^[13]
• Rapids Water Park (2012–present)^[5]
• Valcartier Outdoor Water Park (2022–present)
• Valcartier Indoor Bora Parc (2022–present)
• Wet'n'Wild Hawaii (2014–present)^[4]
• Wild Waves Theme Park (2017–present)^[14]

Operated for Kroenke Entertainment

• Elitch Gardens (2013–present)^[6]

Full Ownership

• Clementon Park (2011-2021); Sold at auction on March 23, 2021 to Indiana Beach Holdings, LLC (now known as IB Parks & Entertainment).^[15]

Operated for EPR Properties

• Darien Lake (2015–2018); Operations taken over by Six Flags
• Frontier City (2011–2018); Operations taken over by Six Flags
• Waterworld California (2007–2017); Operations taken over by Six Flags
• Wet'n'Wild Palm Springs (2014–2018) Sold to Pono Acquisition Partners I, LLC and closed until the 2020 season.^[16]
• Wet'n'Wild Phoenix (2014–2018); Operations taken over by Six Flags
• Wet'n'Wild SplashTown (2011–2018); Operations taken over by Six Flags
• White Water Bay (2011–2018); Operations taken over by Six Flags