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Business News November 17, 2008  RSS feed

PARC Management, LLC Acquires Eleven Family Entertainment Centers

PARC Management, LLC Acquires Eleven Family Entertainment Centers

JACKSONVILLE, Fla., Nov. 17 /PRNewswire/ -- Officials at PARC today announced that an agreement has been reached to acquire the operations of eleven family entertainment centers located throughout North America. The terms of the transaction were not disclosed.

The fun centers offer wholesome, neighborhood entertainment under the following names:

-- Zuma Fun Centers in Charlotte, NC; Knoxville, TN and two in Houston, TX
-- Putt-Putt Fun Centers in Raleigh, NC and Lubbock, TX
-- Camelot Park in Bakersfield, CA
-- Fiddlesticks Family Fun Park in Tempe, AZ
-- Funtasticks Family Fun Park in Tucson, AZ
-- Mountasia Family Fun Center in North Richland Hills, TX
-- Grand Prix Family Thrill Park in Tampa, FL

Each unique family entertainment center offers a variety of pay-as-you-go, timed and daily ticket options as well as group or party entertainment packages. Featured attractions include miniature golf, go-karts, batting cages, bumper boats, kiddie rides, state-of-the-art arcades and refreshment centers.

"It is our vision, and our mission, to bring high-quality, value oriented, family entertainment to our guests," said Randal H. Drew, CEO of PARC Management. "The acquisition of these eleven properties expands our national footprint and brings our total park portfolio to twenty-five properties, and our family entertainment division to sixteen properties."


About PARC Management

PARC, a leader in entertainment management, owns and operates theme parks, water parks, and other entertainment properties throughout the US and Canada. PARC properties include Frontier City and White Water Bay, Darien Lake Theme Park Resort, Elitch Gardens, Wild Waves Theme Park, Waterworld California, Splashtown, Magic Springs & Crystal Falls, Myrtle Waves, NASCAR SpeedParks North America and eleven family entertainment centers. www.parcmanagement.com  

Source: PARC Management