5 Star Parks & Points of interest Acquires Household Leisure Facilities in Seven States | Information

BRANSON, Mo., March 3, 2022 /PRNewswire/ — 5 Star Parks & Points of interest, backed by Fruition Companions, a Denver-based personal fairness agency, has accomplished the acquisition of two separate firms that function household leisure facilities (FEC’s) in a transfer that considerably expands its choices all through the Midwest and southern United States.

The transactions mix a portfolio of 5 areas from Dubby’s Points of interest, an admired operator in each Branson, Missouri, and Pigeon Forge, Tennessee, and all 5 areas of Celebration Station, identified for providing meals and enjoyable in a family-friendly ambiance. 5 Star acquired The Monitor Household Enjoyable Parks, a trio of FEC’s in Branson, final summer season, so it now operates 13 areas in seven states.

5 Star not too long ago acquired 5 Dubby’s sights in two of the nation’s main trip locations, together with Xtreme Racing Middle Branson and Branson Zipline in Branson and Xtreme Racing Middle Pigeon Forge, Pace Zone Enjoyable Park and LazerPort Enjoyable Middle in Pigeon Forge. The group has additionally acquired Celebration Station’s 5 FEC’s within the prime suburban areas of Clearwater, Florida; Baton Rouge, Louisiana; Greensboro, North Carolina; Oklahoma Metropolis, Oklahoma; and Mesquite, Texas.

John Dunlap, who most not too long ago served as president of SeaWorld and Aquatica in San Diego, is main the efforts at 5 Star Parks & Points of interest because the group’s newly appointed CEO. Previous to his time at SeaWorld, Dunlap operated his personal consulting agency, led the San Diego Zoo, and managed the legendary Westin St. Francis San Francisco on Union Sq..

“Delivering high quality experiences in order that households could make lasting reminiscences collectively is on the very coronary heart of what 5 Star is all about,” Dunlap mentioned. “I am delighted that we have added these further property to our portfolio.”

Jay Coughlon, co-founder and managing associate of Fruition Companions, mentioned, “We’re thrilled about the way forward for household leisure and may’t wait to construct on the strong report of success that these companies have achieved.”

“We look ahead to combining our expertise in operational excellence with the unbelievable legacies of the family-run sights we have acquired,” Dunlap added. “We won’t wait to introduce generations of friends to a full gamut of thrilling modifications.”

About 5 Star Parks & Points of interest

5 Star Parks & Points of interest is a platform created to associate with and spend money on main household leisure facilities (FEC’s), instituting optimistic modifications aimed toward creating superior leisure experiences for households. Properties partnering with 5 Star profit from the fervour and experience of leaders who’ve spent their careers within the amusement and hospitality industries, and from the monetary backing essential to create improved visitor experiences and long-term success. As a part of its ongoing development technique, 5 Star is concerned about listening to from present FEC’s which may be concerned about becoming a member of the crew and studying concerning the group’s future plans.

About Fruition Companions

Fruition is a lower-middle market personal fairness agency that assembles groups, methods and capital to craft extremely profitable, long-term development methods. Its founders have invested in additional than 75 firms, elevating greater than $4 billion of fairness capital and constructing significant relationships with previous and present companions. They pleasure themselves in bringing each laborious work and a way of enjoyable to the method, which is one motive they recognized FEC’s as a development trade.

What Is an “FEC”?

Household Leisure Facilities are an essential a part of the worldwide amusement trade. They create households collectively by providing an array of actions, which might embody arcades and video games, batting cages, bowling alleys, bumper boats and automobiles, go-karts, laser tag, miniature golf, rides, curler rinks, VR experiences, ziplines, and extra. Usually FEC’s embody eating components, from ice cream stands and snack bars to full-service eating places and meals vans.

MEDIA CONTACTS

For Fruition

Chris Tofalli Public Relations, LLC

914-834-4334

For 5 Stars

Mindy Bianca

[email protected]

919-200-6060

 

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SOURCE Fruition Companions

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