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Three Indoor Theme Parks Join Growing Portfolio of Family Entertainment Centers
LEXINGTON, Ky., July 19, 2022 /PRNewswire/ — Five Star Parks & Attractions has completed the acquisition of three locations of Malibu Jack’s Indoor Theme Parks in the cities of Lexington, Louisvilleand Ashland, Kentucky. This brings Five Star’s holdings to 16 family entertainment centers (FEC’s)* in eight states.
Since June 2021Five Star has sought out FEC partners that are already employing creative practices within the industry, but that have a desire to grow or improve and can therefore benefit from the expertise and financial backing offered by Five Star and its leadership team. The new arrangement ensures a continued relationship with the original Malibu Jack’s leadership team, which will build and open additional parks under the Five Star brand.
Five Star was drawn to Malibu…
Full story available on Benzinga.com
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