EPR Properties bought them for $331 million and can only use the Six Flags brand through December 31. Season passes are honored through this operating season, and after that the rules change.
Seven amusement parks are about to stop being Six Flags parks, and most of their season pass holders have not noticed.
EPR Properties completed its purchase of six U.S. parks from Six Flags in April, in a deal reported at $331 million. A seventh, in Canada, followed.
EPR retains the right to use the Six Flags brand only through the end of 2026.
Which parks were sold
Valleyfair in Minnesota.
Worlds of Fun in Missouri.
Michigan’s Adventure in Michigan.
Schlitterbahn Waterpark Galveston in Texas.
Six Flags St. Louis in Missouri.
Six Flags Great Escape in New York.
Six Flags La Ronde in Montreal was expected to close in the second quarter of 2026.
What happens to your season pass
All season passes sold will be honored through the 2026 operating season, including multi-park pass privileges at other parks within the Six Flags portfolio.
Six Flags has said no significant impact on guests is expected during the transition, and the parks are continuing their regular operating schedules.
What happens in 2027 has not been announced. Multi-park privileges are a function of the Six Flags network, and these parks leave that network when the brand license expires.
Who is actually running these parks now
EPR is a landlord, not an operator.
EPR Properties describes itself as an experiential real estate investment trust, focused on venues where people spend discretionary leisure time. Its portfolio includes water parks, theaters, eat-and-play locations, and ski resorts.
For the six domestic parks, EPR is partnering with Enchanted Parks. La Ronde Operations will run the Montreal property.
That means day-to-day operations pass to companies most guests have never heard of.
Why Six Flags sold them
Money.
“This divestiture reflects Six Flags’ disciplined approach to portfolio optimization and the decisive action we are taking to concentrate our capital and operational focus on properties with the greatest long-term growth potential,” said President and CEO John Reilly.
He also acknowledged the human side. “We know how much these parks mean to our guests and to the incredible teams who bring them to life every day. Decisions like this are never taken lightly.”
Six Flags carries net debt of roughly $4.9 billion, against total debt of $5.0 billion and cash of $135 million as of June 28.
What Six Flags looks like now
The company is smaller than it was a year ago.
Post-sale, Six Flags operates 20 amusement parks, 14 water parks, and nine resort properties across 13 U.S. states, Canada, and Mexico, plus a managed park in Saudi Arabia.
Its April release listed 21 amusement parks.
The company’s Q2 language described a “more focused park portfolio” consolidating management and resources at what it calls high-potential parks.
What to do if you visit one of these parks
Use your 2026 pass fully this season, including any multi-park privileges, because those specifically are tied to the Six Flags network.
Watch each park’s own website rather than Six Flags corporate for 2027 pass information, since that is where new ownership will announce it.
Six Flags posted a guest FAQ on its official blog covering the transition, which is the most direct source on what changes and when.
And if the name matters to you, 2026 is the last season these parks carry it. The rides are not going anywhere. The sign out front is.
Article compiled with the help of the Pirates & Princesses newsroom.
Pirates and Princesses is your destination for Disney news, theme park updates, and the pop culture you love. From Disney cruises and travel tips to Disney fashion, food, collectibles, and movie news, PNP covers it all. Visit us at piratesandprincesses.net for daily coverage. Follow PNP on Facebook and Instagram, and listen to the Pirates & Princesses podcast on Apple Podcasts and YouTube.
Hat Tips:
Six Flags Entertainment Corporation via Business Wire (April 6, 2026), the completed sale, the park list, the brand license terms, the season pass guarantee, and John Reilly’s statement
Attractions Magazine (April 2026), the $331 million deal value, the Enchanted Parks and La Ronde Operations partnerships, and the guest FAQ
InPark Magazine (April 2026), the EPR portfolio description
Six Flags Entertainment Corporation via Business Wire (August 6, 2026), the Q2 debt figures and updated park counts