EPR Properties has agreed to acquire seven Six Flags amusement parks for about $331 million in cash, with the parks continuing to operate through the 2026 season.

EPR Properties will have the right to use the Six Flags brand through year-end and plans to enhance the parks and ensure a smooth transition for guests and employees.

The deal is framed as strengthening the foundation and supporting profitable growth for the buyer.

The move is aimed at unlocking value and focusing capital on higher-potential properties.

The transaction includes standard forward-looking statements and risks, noting closing conditions and regulatory considerations that could affect benefits and timing.

EPR’s leadership describes the deal as a compelling opportunity that aligns with its investment criteria and accelerates expansion into experiential properties.

The strategy centers on investing more deeply in parks with the greatest opportunity for growth and innovation.

Six Flags says the sale strengthens its financial position, allows focus on higher-growth parks, and supports reinvestment in guest experiences and infrastructure.

CEO John Reilly states the move concentrates resources on higher-growth parks, improves margins, and accelerates cash flow while simplifying the portfolio and strengthening the balance sheet.

The strategic rationale emphasizes focusing on parks with greater growth potential, improving operating leverage, and enabling deleveraging and disciplined execution.

The deal is valued at approximately $331 million.

Closing is expected by late Q1 or early Q2 2026, subject to regulatory approvals and other closing conditions.