In 2014 Palace Entertainment acquired Miami Seaquarium in Key Biscayne, Florida. On March 2, 2012, Palace Entertainment announced the acquisition of Noah's Ark Water Park in Wisconsin Dells, Wisconsin.
On November 12, 2010, Palace Entertainment announced the acquisition of Dutch Wonderland Family Amusement Park in historic Lancaster County, Pennsylvania, from Hershey Entertainment and Resorts Company. By 2009 Palace had taken over operations of all five parks. On DecemKennywood Entertainment Company entered an agreement to sell their Five Properties ( Kennywood, Idlewild and Soak Zone, Sandcastle Waterpark, Lake Compounce and Story Land) to Palace Entertainment's parent company Parques Reunidos. įernando Eiroa joined Palace Entertainment in 2007, serving as president and Chief Executive Officer. This transaction took place in the third quarter of 2007. On August 24, 2007, MidOcean Partners sold Palace Entertainment to Parques Reunidos for $330 Million. This transaction occurred in the second quarter 2006. On February 27, 2006, it was announced that MidOcean Partners was to acquire Palace Entertainment. In the early 2000s the company purchased various Water Parks and Family Entertainment Centers.
These four companies consisted of five brands: Camelot Parks, Palace Park, Boomers!, Grand Prix Race-O-Rama and Family Fun Center. Palace Entertainment was established in 1998, after the acquisition of four independently owned family entertainment companies.
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