Enchanted Parks acquires multiple Six Flags properties

It’s official: the “Enchanted Parks” rumors that have been swirling in the coaster community since January were confirmed on March 5, 2026.

In a massive $331 million deal, Six Flags Entertainment Corporation is divesting seven of its properties to EPR Properties (a real estate investment trust). While EPR will own the land, Enchanted Parks (a spinoff of Innovative Attraction Management) will take over operations for the six U.S. parks.

The Impacted Parks

The following seven parks are part of the sale:

Park NameLocationOperator
ValleyfairShakopee, MNEnchanted Parks
Worlds of Fun / Oceans of FunKansas City, MOEnchanted Parks
Michigan’s AdventureMuskegon, MIEnchanted Parks
Six Flags St. LouisEureka, MOEnchanted Parks
Six Flags Great EscapeQueensbury, NYEnchanted Parks
Schlitterbahn WaterparkGalveston, TXEnchanted Parks
La RondeMontreal, CanadaLa Ronde Operations (Kieran Burke)

Key Details for Guests

  • 2026 Season Passes: If you’ve already bought a pass, don’t panic. All 2026 season passes and memberships will be honored through the end of the year, including multi-park access to remaining Six Flags locations.
  • Branding: EPR has licensed the “Six Flags” name through the end of the 2026 season. Expect a rebrand to “Enchanted Parks” (or something similar) starting in 2027.
  • The Management: Enchanted Parks is led by James Harhi and recently-appointed COO Franceen Gonzales. They’ve stated a goal to be “nimbler and more efficient,” with a heavy focus on improving ride uptime and community relationships.
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Why did this happen?

This move is part of Six Flags’ “Project Accelerate” to pay down debt following the 2024 merger with Cedar Fair. By offloading these regional “legacy” parks, the company aims to focus capital on its highest-performing flagship assets like Magic Mountain and Cedar Point.

At the helm is James Harhi, who is no stranger to the amusement industry. Having been CEO for Innovative Attraction Management (2013 – present), StarGuard Elite (2013 – present), Thrive Property Group (2013 – present) and JFH Technologies (2005 – present), as well as senior vice president for ProParks Attraction Group (2020 – 2023) and recreation specialist at Walt Disney World (1996 – 2002), Harhi comes with an extensive knowledge of many facets of the amusement industry. His strength in operational strategy, financial planning and analysis, and product management will combine with personal passion to build top-performing teams to drive change and growth at all levels.

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