Update to Wild Adventures to be Sold: Wild Adventures, the Valdosta, Georgia, theme park, was sold at a private auction on Tuesday. Herschend Family Entertainment, a Missouri company, bought the South Georgia amusement park for $34.5 million. Herschend is already familiar with the Georgia players as it currently operates Stone Mountain Park in suburban Atlanta.
Cypress Gardens, the Florida theme park, was sold for $16.8 million at the private auction.
Adventure Parks Group LLC, the parent company of Wild Adventures and Cypress Gardens, is currently in Chapter 11 bankruptcy. The sales are currently awaiting the approval of Middle District of Georgia bankruptcy court.
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