Parques Reunidos is an international entertainment operator based in Madrid, Spain. The group operates over 50 parks in almost a dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars. These facilities are located in Spain, Belgium, Norway, Denmark, France, Italy, the United Kingdom, Argentina, and the United States. Through acquisitions of established names such as Kennywood Entertainment Company, Dutch Wonderland and Palace Entertainment, Parques Reunidos greatly expanded its presence in American amusement operations beginning in 2007 through today. Annual visitors to the group's attractions exceed 22 million, with revenue exceeding $570 million . In January 2007, Parques Reunidos was acquired by the British private equity firm, Candover Investments. In 2008 it had the fifth-highest attendance figures for worldwide chains with 24.9 million, ahead of Busch Entertainment Corporation and Cedar Fair.Parques Reunidos is owned by London-based private equity firm Arle Capital Partners , which took over the Candover Partners fund the theme park group had been a part of since 2007.
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