PARC Management Purchases Magic Springs & Crystal Falls

Jacksonville, FL -- PARC Management, LLC announced yesterday that it has reached an agreement to purchase Magic Springs & Crystal Falls from Magic Springs Development Co., LLC. The combination theme park and water park will join seven other family parks purchased by PARC Management in 2007 from Six Flags.

"It is our vision, and our mission, to bring high-quality, value oriented, family entertainment to our guests," said Randal H. Drew, CEO of PARC Management. "With the acquisition of Magic Springs and Crystal Falls, our team has the opportunity to capitalize on the synergies between this property and our other destinations across the country."

PARC Management also announced that Dan Aylward, the general manager of Magic Springs & Crystal Falls, will continue in his current leadership position.

"I have been privileged to work with the guests and team members at Magic Springs for more than five years," said Aylward. "And now, I am even more thrilled to continue in my role under the new ownership, and new leadership, of PARC Management."

Magic Springs & Crystal Falls are currently open daily for the 2008 summer season.

New this year at Magic Springs & Crystal Falls is an all-new, six-lane ProRacer slide complex called Rapid Falls Raceway. The 50-foot tall, multi-slide attraction allows guests to race more than 310 feet on specially designed racing mats.

PARC Management also said that season passes from all of its existing parks will be valid at Magic Springs & Crystal Falls this season.

For more information on Magic Springs & Crystal Falls, visit www.magicsprings.com.

See related: www.parcmanagement.com