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Herschend Will Acquire Palace Entertainment’s U.S. Theme Parks!

                             

Palace Entertainment’s 20+ historic venues across 10 U.S. states will join Herschend’s expanding portfolio of world-class destinations. Notable properties include Kennywood (PA), known for its classic wooden coasters and modern thrills; Dutch Wonderland (PA), a top family park; and Lake Compounce (CT), America’s first amusement park featuring the renowned Boulder Dash coaster.

Herschend will acquire all of Palace Entertainment’s U.S. properties from Parques Reunidos, marking a key step in Herschend’s expansion in family entertainment while allowing Parques Reunidos to focus on its core European market.

“This year, we’re celebrating 75 years of bringing families closer together—and looking ahead to the next 75,” said Andrew Wexler, CEO of Herschend. “Today’s announcement marks a natural expansion and continuation of that vision. By growing wisely and staying true to our purpose, we are building a future where we can continue creating memories worth repeating for generations to come.”

This acquisition strengthens Herschend’s position as the world’s largest family-owned themed entertainment company, adding to its diverse portfolio of theme parks, aquariums, resorts, and attractions that entertain over 20 million guests annually.

“We look forward to building upon the strong foundation that Palace Entertainment has created and welcoming these properties and hosts into the Herschend family of brands,” added Wexler. “The teams at these parks have done an incredible job building beloved destinations in their communities, and we look forward to learning from them, growing together, and building on their success. This is an exciting opportunity for all of us to continue creating exceptional experiences for guests and meaningful opportunities for our teams.”



Austin is the owner of "AmusementInsider" and joined the Behind The Thrills team in 2020. The Social Media & YouTube-based outlet is one of the most recognizable names in the industry for all-things roller coasters, with unique videos & peeks into future attractions. Follow him on: Instagram and YouTube