M&A Deal Summary

Palamon Capital Partners Acquires Star Parks Luxembourg HoldCo Sarl

On April 14, 2004, private equity firm Palamon Capital Partners acquired leisure company Star Parks Luxembourg HoldCo Sarl from Six Flags for 155M EUR

Acquisition Highlights
  • This is Palamon Capital Partners’ 2nd transaction in the Leisure sector.
  • This is Palamon Capital Partners’ 3rd largest (disclosed) transaction.
  • This is Palamon Capital Partners’ 1st transaction in Germany.

M&A Deal Summary

Date 2004-04-14
Target Star Parks Luxembourg HoldCo Sarl
Sector Leisure
Buyer(s) Palamon Capital Partners
Sellers(s) Six Flags
Deal Type Divestiture
Deal Value 155M EUR

Target

Star Parks Luxembourg HoldCo Sarl

Dusseldorf, Germany
website
Star Parks Luxembourg HoldCo Sarl is a theme park operator, consists of seven large format sites. Each park comprises large-scale family attractions, feature rides and activities.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Palamon Capital Partners

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 1.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Palamon Capital Partners LP is a private equity firm that targets investments in high-growth service-oriented businesses throughout Europe. Palamon specifically looks for companies operating in business services, financial services, media and communications, leisure and entertainment, information technology, and healthcare. The Firm's target investment size is €30 to €100 million. Funds are generally used to support development needs, however, Palamon will also consider investing in early-stage businesses, recapitalizations, deleveraging transactions, turnarounds, and buyouts. Palamon Capital Partners LP was formed in 1999 and is based in London.


DEAL STATS #
Overall 10 of 38
Sector (Leisure) 2 of 2
Type (Divestiture) 1 of 1
Country (Germany) 1 of 8
Year (2004) 2 of 2
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-03 Nordax Group

Stockholm, Sweden

Nordax Group is a nordic specialist bank focused on financial inclusion and responsible lending. The company offers mortgages, equity release, consumer loans, and savings products and currently serves some 200 000 customers. Nordax Group was formed in 2003 and is based in Stockholm, Sweden.

Buy €27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-22 image.net

London, United Kingdom

image.net Ltd. is a provider in the digital distribution of publicity and marketing materials for the entertainment industry.

Sell €14M

Seller(S) 1

SELLER

Six Flags

Arlington, Texas, United States

website


Category Company
Founded 1961
Sector Leisure
Employees1,950
Revenue 357M USD (2020)
DESCRIPTION

Six Flags is a regional theme park operator, with 19 parks in the United States, Canada, and Mexico. Six Flags provides families and thrill seekers with a wide variety of entertainment options, including special events and access to over 800 rides throughout North America. Six Flags was founded in 1961 and is based in Arlington, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (Germany) 1 of 1
Year (2004) 1 of 1