Press Releases

Apex Parks Group Announces Financial Restructuring; Company To Enter Into Stalking Horse Purchase Agreement and Files for Chapter 11 to Effectuate Sale

Apex positioned for growth with industry veteran John Fitzgerald building on Al Weber’s legacy

CEO Al Weber Passes Away Unexpectedly

Martin’s Fantasy Island is the Newest Addition to Apex Parks Group

Cap'n Crow's Bumper Boats Will Make a Splash at Indiana Beach this Summer

Indiana Beach Boardwalk Resort Announces New Looping Coaster

Spin Zone Bumper Cars Now Open at Three California Boomers Parks

Indiana Beach Boardwalk Resort Undergoing Transformation

Boomers to receive New Attraction and Complete Makeover

Indiana Beach Boardwalk Resort Announces Giant Wheel Renovation

Indiana Beach Amusement Resort Is the Newest Member of Apex Parks Group

Boomers and SpeedZone Launch ForeverLawn’s Putt for the Fallen Fundraiser

Malibu Castle is Closing Its Doors after 37 Years

Kowabunga Racer is Now Open at Big Kahuna’s Water & Adventure Park

Boomers! Blasts Into Houston With Grand Opening Weekend

Mountasia Family Fun Center Gets New Name and New Look

Sahara Sam’s Oasis Water Park Is The Newest Member Of Apex Parks Group

Biggest Renovation in Park History: New Games, Bumper Cars Highlight Updates at Boomers!



Broad Sky Partners and The Edgewater Funds form Apex Parks Group through the acquisition of 15 Parks from Palace Entertainment

In the News

For Indiana Beach, a new beginning - IndyStar

Familiar Faces, New Places - March 2016 Cover Story, Funworld Magazine

New Owners, new Opportunities for Indiana Beach - WLFI

Big Kahuna's Opens New Slide with Fundraiser - NWF Daily News

Boomers! Houston joins the Greater Tomball Area Chamber of Commerce - The Tribune



ABC News' Nick Watt broadcasts from Sahara Sam's Oasis - Yahoo News

Apex Parks Group Announces Financial Restructuring; Company To Enter Into Stalking Horse Purchase Agreement and Files for Chapter 11 to Effectuate Sale

Irvine, CA - April 8, 2020 – Apex Parks Group, LLC (“Apex” or “Company”), today announced that it is pursuing a comprehensive financial restructuring aimed at reducing the Company’s current debt and, ultimately, enhancing operations to continue to serve guests and communities for years to come. As part of this process, Apex expects to enter into a stalking horse purchase agreement (“Agreement”) with the Company’s prepetition secured lenders (“Lenders”) to sell substantially all of the Company’s assets and operations and has filed for Chapter 11 of the United States Bankruptcy Code in the District of Delaware to facilitate the sale. The Lenders will also provide financing to support the Company during the restructuring.



“The actions we are taking today will help better position the Company for the future and enable us to continue serving our guests, team members and other business partners in the years ahead,” said John Fitzgerald, Apex CEO. “Apex has faced a number of challenges in recent years, including increased industry competition and consolidation, extensive operational expenditures and the seasonal nature of the business. To address these challenges, we have implemented numerous operational initiatives to increase profitability; however, despite these efforts and the hard work of our team members, continuing market headwinds and operational challenges have prevented us from meaningfully improving financial performance. After an exhaustive examination of all options, we’ve determined that a sale of the Company through the Chapter 11 process is the best path forward to enable Apex to focus on future operational transformation and growth.”



The Chapter 11 process will not affect the operations of Apex’s 10 family entertainment centers and two water parks in California, Florida, and New Jersey. The Company has temporarily closed all locations in accordance with federal and local government mandates and CDC guidelines to proactively protect guests and employees in response to the COVID-19 pandemic but expects to return to operating in the ordinary course upon reopening of the locations.



Upon resumption of regular business operations, the Company intends to:

Honor customer programs such as Season Passes and gift cards at its operating parks

Pay employee wages and benefits in the ordinary course of business

Pay vendors and suppliers in a timely fashion

“We look forward to reopening the parks so that we can continue to provide exceptional and memorable guest experiences for our communities,” Fitzgerald added. “I also want to extend our deepest gratitude to our team members. We recognize this is a challenging time on numerous fronts and look forward to us all returning to work.”



The Company will file various first-day motions along with the sale motion and stalking horse purchase agreement in the coming days. To ensure maximum recovery for all stakeholders, the stalking horse bid provides a baseline bid against which the Company will seek higher or otherwise better offers.

Court filings, as well as other information related to the restructuring, are available at http://www.kccllc.net/apex, or by calling (866) 967-1781 (US/Canada Toll Free Number) or (310) 751-2681 (International Toll Number).

Pachulski Stang Ziehl & Jones LLP is serving as legal advisor to the Company and Scott Avila of Paladin Management Group is serving as Chief Restructuring Officer.



About Apex Parks Group

Apex Parks Group is a privately held company with 10 family entertainment centers and two water parks. Properties are located in California, Florida, and New Jersey. Apex Parks Group was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets operated with a commitment to excellence, to the communities they serve, and to delivering value that exceeds expectations. For more information, please visit www.apexparksgroup.com.

Media Contacts:

Debbie Evans for Apex Parks Group

debbie@evansmarketingpartners.com

OR

Jennifer E. Mercer

Paladin for Apex Parks Group

213-770-4600

jmercer@paladinmgmt.com

Apex positioned for growth with industry veteran John Fitzgerald building on Al Weber’s legacy

Aliso Viejo, CA – Apex Parks Group today announced the appointment of John Fitzgerald as Chief Executive Officer of the company. John is a long-time amusement park industry veteran with more than 30 years of experience, most recently serving as park President, VP and General Manager at Six Flags’ parks in New Jersey, including Great Adventure – the world’s largest theme park. Fitzgerald succeeds the late Al Weber, a visionary in the field of family entertainment. He begins his new role immediately and is based in company headquarters in Aliso Viejo, CA.



Tyler Zachem, Chairman of the Board of Apex Parks Group, said, “John is a proven leader with an impressive track record of success across our industry, most recently at one of Six Flags’ highest profile parks. He was the clear choice to lead our organization, and we have every confidence that John and our talented team at Apex will continue to deliver the operational excellence and growth that were hallmarks of the company under Al Weber’s leadership.”



Prior to joining Apex Parks Group, Fitzgerald was the Park President of Six Flags Great Adventure & Safari and Six Flags Hurricane Harbor in Jackson, NJ, for more than six years. Before Six Flags, Fitzgerald was a general manager and executive at several domestic and international theme parks. He began his career as a ride operator at Great Adventure. He most recently served as a consultant to Apex on strategic initiatives.



Mr. Fitzgerald commented, “Apex has a platform and a team that is dedicated to providing outstanding family entertainment, and I am thrilled to join the company. Al Weber was my very close friend and a mentor of mine in this industry, and I am honored to carry on his legacy to continue to build Apex into the premier operator of family-oriented amusement parks and entertainment centers.”



In addition to appointing John Fitzgerald as CEO, Apex announced Brenda Morris has been named CFO on a permanent basis after serving as interim CFO since November 2016. Prior to this, Morris served as a senior finance executive and CFO at several retail businesses including Hot Topic Inc. / Torrid LLC, 5.11 Tactical, Love Culture and Zumiez. Morris also serves on the board of directors of two publicly traded companies – Duluth Trading Company and Boot Barn, where she is the chair of the audit committee.



Mr. Zachem commented, “Brenda is a highly accomplished financial executive, and she brings a wealth of consumer-facing, multi-site business model experience that has already benefitted Apex. As interim CFO, we have been impressed with her ability to lead our finance organization. Her knowledge and experience will enable the successful growth of the company.”



About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 2 Amusement Parks in California, Texas, Florida, New Jersey, Indiana and New York. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectations. For more information, please visit www.apexparksgroup.com.

Apex Parks Group mourns unexpected death of President and Chief Executive Officer, Al Weber, Jr.

Aliso Viejo, CA – November 9, 2016 Apex Parks Group announced today that Founder, President and Chief Executive Officer Al Weber, Jr. died suddenly on Tuesday while vacationing in the British Virgin Islands.



“Al was a gifted leader and a great friend to all who knew him. He was a visionary who led the growth of Apex since its inception," said Tyler Zachem, Chairman of the Board of Apex Parks Group. "We are saddened by this monumental loss and extend our deepest sympathies to his wife, Bonnie, and his family.”



“He was well liked and respected by everyone in this business, from ride operators to other CEOs,” Doug Honey of Apex said. “He often said his goal was to create a strong culture where people could grow to be successful industry leaders, and he meant it.”



Prior to forming Apex Parks Group, Al Weber, Jr. was the interim CEO of Six Flags Entertainment Corporation and a leader on the team that successfully turned around the business. Previously, he was the CEO of Palace Entertainment and earlier served as President and CEO of Paramount Parks. He began his career as a seasonal ride operator at the age of sixteen and never left the amusement park industry. He was widely recognized for his innovative spirit, leadership and energy.



Gregg Borman, Apex Senior Vice President of Operations, said he and Weber conceived of starting Apex four years ago by acquiring properties that experienced managers could grow by focusing on family fun, close to home. “Al was a true friend and a great mentor. He was always passionate about this industry and instilled his enthusiasm in everyone he encountered,” said Borman. “Though the company is grieving this devastating loss, Al’s vision for Apex was clear and fully embraced by our team. With our collective efforts, we are determined to realize it. "



“We are confident the management team at Apex will continue to follow Al’s blueprints for success and build upon the Company’s great collection of parks, " Zachem said.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 2 Amusement Parks in California, Texas, Florida, New Jersey, Indiana and New York. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectations. For more information, please visit www.apexparksgroup.com.

Martin’s Fantasy Island is the Newest Addition to Apex Parks Group

Aliso Viejo, CA – May 13, 2016 California-based Apex Parks Group is pleased to announce the acquisition of Martin’s Fantasy Island theme park. This is Apex Parks Group’s first acquisition for 2016.

Martin’s Fantasy Island is located in Grand Island, New York, less than 10 miles southeast of Niagara Falls in western New York. The park has over 25 rides and 7 water attractions; including the Silver Comet wooden roller coaster – one of Coaster Buzz’s Top 100 Roller Coasters in the US. The park’s attractions and live shows are geared toward family-oriented and thrilling entertainment for any age. Martin’s Fantasy Island is an ideal addition to Apex’s family of theme parks, water parks, and family entertainment centers.

Apex Parks Group CEO, Al Weber, Jr. commented: “We’re excited to work with the Martin’s team to continue the successful operation of Martin’s Fantasy Island. The addition of this beautiful family-niche park is another step toward Apex’s goal of growing to become the leading company in the fragmented out-of-home entertainment business.”

Former owner, Martin DiPietro adds, “I bought this park 22 years ago and it’s been a labor of love. I decided Apex Parks Group was the best choice to ensure that Martin’s Fantasy Island continues to be the best family fun park in the area. Their track record in the family-oriented amusement business is unmatched, and I have every confidence that their success will carry over to Martin’s Fantasy Island.”

Martin’s Fantasy Island opens for the 2016 season on May 14 and will continue planned operations during the transition. For more information about the park, visit www.martinsfantasyisland.com

About Martin’s Fantasy Island

Martin’s Fantasy Island is a family-oriented, classic American theme park situated minutes from Buffalo, NY and Niagara Falls. The park opened in July 1961 and has since grown to 75 acres of thrill rides, family fun rides, and a water park. Fantasy Island is home to The Silver Comet wood/steel hybrid roller coaster, a Wild Mouse roller coaster, and classic theme park attractions like bumper cars, a train ride, giant slide, and more. For more information about Martin’s Fantasy Island visit www.martinsfantasyisland.com

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Cap'n Crow's Bumper Boats Will Make a Splash at Indiana Beach this Summer



Monticello, IN - May 10, 2016 Indiana Beach Boardwalk Resort is excited to announce the addition of Cap’n Crow’s Bumper Boats for the 90th Anniversary season. The bumper boat attraction will replace the former “Splash Battle” ride on the Boardwalk Funway.

The colorful and fun Cap’n Crow’s Bumper Boats will allow guests to be the captain of their own boat as they cruise the waters searching for others to bump. Each boat is outfitted with a water sprayer that can soak an opponent from 10 feet away. Up to 12 bumper boats at a time will battle each other for a thrilling guest experience.

“Indiana Beach is thrilled to add Cap’n Crows Bumper Boats as another fun and exciting ride for our guests to enjoy,” said John Collins, Indiana Beach Boardwalk Resorts General Manager. “Many improvements and upgrades have been completed throughout the park for Indiana Beach’s 90th anniversary season. Adding Cap’n Crow’s Bumper Boats shows our commitment in providing our guests more fun and more value.”

Cap’n Crow’s Bumper Boats were manufactured by J&J Amusements, the industry’s largest manufacturer of bumper boats. Cap’n Crow’s Bumper Boats will be located on the south island on Indiana Beach’s and utilize an existing water ride pond area formerly occupied by Splash Battle.

Indiana Beach opens for the 2016 season on Friday, May 27. For park hours and other information, visit www.indianabeach.com

About Indiana Beach Boardwalk Resort

Indiana Beach is located in Monticello, Indiana on Lake Shafer. The resort was founded in 1926 and purchased by Apex Parks Group in September 2015. The resort features a Boardwalk Funway, seven roller coasters, 45 rides, the Shafer Queen Paddlewheel boat, two campgrounds, rental accommodations, and an on-property hotel. Ideal Beach, the water park, includes the original swimming pool with sand beach, water slides, an action river, and kid’s spray area. For more information, please visit www.indianabeach.com.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com

Indiana Beach Boardwalk Resort Announces New Looping Coaster



Monticello, IN – April 12, 2016 Indiana Beach, Indiana’s Favorite Boardwalk Resort, will kick off its upcoming 90th Anniversary season with the addition of a looping-reversing coaster called Zero G.

Manufactured by Texas-based Larson International, the single loop coaster stands 5 stories high and can accommodate 20 riders at one time. Zero G will be placed on Indiana Beach’s classic Boardwalk Funway.

“Indiana Beach is excited to have this new ride added to our line-up of six rollercoasters and other thrill attractions”, said John Collins Indiana Beach Boardwalk Resorts General Manager. “With all the park improvements and upgrades being completed in preparation for Indiana Beach’s 90th anniversary season, adding a ride as thrilling as Zero G is icing on the cake” Collins stated.

The “Larson Loop” coaster builds riders’ anticipation as it rocks back and forth before looping 360 degrees, pausing briefly to suspend riders upside down. The ride is scheduled to be open at the start of the 2016 season.

About Indiana Beach Boardwalk Resort

Indiana Beach is located in Monticello, Indiana on Lake Shafer. The resort was founded in 1926 and purchased by Apex Parks Group in September 2015. The resort features a Boardwalk Funway, seven roller coasters, 45 rides, the Shafer Queen Paddlewheel boat, two campgrounds, rental accommodations, and an on-property hotel. Ideal Beach, the water park, includes the original swimming pool with sand beach, water slides, an action river, and kid’s spray area. For more information, please visit www.indianabeach.com.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Spin Zone Bumper Cars Now Open at Three California Boomers Parks

Aliso Viejo, CA –April 7, 2016 Apex Parks Group announces the opening of three new Spin Zone Bumper Cars attractions at Boomers parks in Modesto, Fresno, and Upland, CA. All three locations opened the indoor bumper car experience and welcomed the first riders this week.

Spin Zone Bumper Cars are located inside the arcade building, allowing for all-weather operation. Spin Zone is considered “the next generation” of bumper cars in the amusement industry. The cars are round and will spin and twirl when bumped, creating a wild ride and unique experience for guests. The Spin Zone arena will accommodate approximately 7-8 riders during each 5 minute ride session.

In addition to the Spin Zone Bumper Cars, the three Boomers parks are finishing up upgrades, refurbishments, and remodels. Work on each of the parks’ upgrades have been progressing since January and are part of a greater commitment made by Apex Parks Group to improve guest experience at all of their park properties.

Boomers Modesto has the largest overhaul of the three parks; with the addition of a sports bar, complete café remodel and new prize redemption counter configuration. General Manager Misty Romero comments, “The overall experience for our guests will be enhanced greatly with a new indoor attraction, the addition of beer and wine, and the facility improvements. We have been with Apex Parks Group for a little over a year now, and the investment that the company has made in the parks is impressive.”

Boomers Upland General Manager, Steve Fullerton comments, “We are thrilled to bring a fresh take on family-oriented fun that our facility has been providing the City of Upland since 1973. We look forward to seeing the community reaction to our facility as they experience the changes.”

Amber Collier, General Manager of Boomers Fresno agrees, “It’s an exciting time for us. We look forward to being able to provide more options for family entertainment, celebrations, and dining opportunities to the Fresno community”

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Indiana Beach Boardwalk Resort Undergoing Transformation

Monticello, IN – February 26, 2016 Indiana Beach, Indiana’s Favorite Boardwalk Resort, is making renovations at an aggressive pace in preparation for the start of the 90th anniversary season.

A long list of upgrades and renovations have been ongoing since new resort owner, Apex Parks Group, purchased the resort in September 2015. From a new main gate to the campground ferryboat landing, improvements are unfolding throughout the resort. “We cannot wait for the Indiana Beach fans and Monticello locals to come out and see their favorite park looking like it did back in the glory days,” said park General Manager John Collins. “There will be a few other surprises along the way, too.”

The Giant Wheel, an iconic Indiana Beach ride, was dismantled in November and sent to the ride’s manufacturer, Chance Rides of Wichita, Kansas. The massive refurbishment is in the final stages of completion and the ride is expected to be reinstalled at the park by spring.

The Shafer Queen paddle wheel boat, is receiving a makeover from bow to stern. Resort guests will see fresh paint, improved seating, and new lighting as the Shafer Queen continues to proudly cruise the waters of Lake Shafer for many years to come.

An Indiana Beach favorite, the Tig’rr Rollercoaster is undergoing track and passenger car renovations for the 2016 season. The Tig’rr will be painted in a colorful theme to match the name of this classic rollercoaster.

All entrance, ride, and concession signage will be upgraded to reflect a brighter and cleaner look for guests. The park is receiving fresh paint, upgraded lighting, updated boardwalk, plus many other improvements. The VIP parking lot will be enhanced and there will be renovations to the lodging area. Additionally, many concession stands will have new and improved menus to allow for easier, guest-friendly ordering.

Many food favorites such as Beach Tacos, Pronto Pups, and Elephant Ears will once again be available for guests to enjoy. Additionally, Pepsi-Cola is now the official soft drink provider at all Indiana Beach concession stands.

Ideal Beach RV Resort will debut in 2016 as “IB Crow Campground, a Family RV Resort” and will be the second home of the iconic mascot, IB Crow. The campground will not only have a new name, but will also undergo facility improvements and upgrades.

Apex CEO Al Weber adds, “We are so excited to be a part of updating and upgrading this iconic Indiana resort. With respect for the past and an eye on the future, these important changes at Indiana Beach should not only improve the guest experience but give guests reason to come back time and again. The Park team is so excited to have everyone come out and see the New Indiana Beach Boardwalk Resort.”

2016 Season passes are on sale for 2 for $90.00 in honor of the park’s 90th anniversary (best price anywhere and anytime) and there are special discounts on lodging accommodations; a value for early booking. Go to the park website for more information.

About Indiana Beach Boardwalk Resort

Indiana Beach is located in Monticello, Indiana on Lake Shafer. The resort was founded in 1926 and purchased by Apex Parks Group in September 2015. The resort features a Boardwalk Funway, six roller coasters, 41 rides, the Shafer Queen Paddlewheel boat, two campgrounds, rental accommodations, and an on-property hotel. Ideal Beach, the water park, includes the original swimming pool with sand beach, water slides, an action river, and kid’s spray area. For more information, please visit www.indianabeach.com.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Boomers to receive New Attraction and Complete Makeover

Modesto, CA – January 14, 2016 - Modesto Boomers will undergo a park renovation that will include the addition of an indoor bumper car attraction named Spin Zone. Renovation plans include the addition of a sports bar style area that offers beer and wine options for adults, a new marquee sign near the freeway, fresh exterior and interior paint, and remodeled party rooms. The park is targeting completion by Spring Break.

Spin Zone Bumper Cars will be located inside the arcade building, allowing for all-weather operation. Spin Zone is considered “the next generation” of bumper cars in the amusement industry. The cars are round and will spin and twirl when bumped, creating a wild ride and unique experience for guests. The Spin Zone arena will accommodate up to eight riders during each 5 minute ride session.

The new Sports Bar style seating area will feature 10 flat screen TVs and will serve a selection of beer and wine once the pending licensing process has been finalized. The entire Café area will be remodeled, along with the prize redemption counter. There will be new tile and carpet throughout the building.

General Manager Misty Romero comments, “I am really excited about the forthcoming improvements to the park. The overall experience for our guests will be enhanced greatly with a new indoor attraction, the addition of beer and wine, and the facility improvements. We have been with Apex Parks Group for a little over a year now, and the investment that the company has made in the parks is impressive.”

The renovation in Modesto is part of a greater commitment made by Boomers owner, Apex Parks Group, to improve guest experience at all of their park properties. Gregg Borman, Sr. VP of Operations for Apex states, “This is the biggest renovation ever at the Modesto Boomers. These updates are our promise for a richer, more fun experience at the facility.”

Indiana Beach Boardwalk Resort Announces Giant Wheel Renovation

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com

Monticello, IN – November 5, 2015 Indiana Beach, Indiana’s Favorite Boardwalk Resort, has begun a major renovation project on the Giant Gondola Wheel in preparation for the park’s 90th anniversary in 2016.

The Giant Wheel, an iconic Indiana Beach ride, will be dismantled in November and sent to the ride’s manufacturer, Chance Rides of Wichita, Kansas. The refurbishment will be completed over a 4-month period at their off-site facility. Chance Rides is an amusement industry leader in refurbishing and manufacturing of rides and attractions.

“The Giant Wheel refurbishment is just one project of many that will be completed before next season,” stated John Collins, General Manager of Indiana Beach Boardwalk Resort. “This off-season promises to be an exciting and busy one under the new ownership of Apex Parks Group. Watch for additional announcements in the near future as we prepare for the upcoming 2016 season.”

This is the first time the Giant Wheel has undergone a complete updating since it was erected on the historic Indiana Beach boardwalk in 1989. The Giant Wheel has 20 gondolas and can accommodate up to 120 riders at one time. It stands over 90 feet tall and can be seen throughout the park and along the shores of Lake Shafer.

The Giant Gondola Wheel is one the most photographed rides by Indiana Beach guests and has been featured in several Indiana Beach TV commercials and area tourism marketing campaigns.

About Indiana Beach Boardwalk Resort

Indiana Beach is located in Monticello, Indiana on Lake Shafer. The resort was founded in 1926 and purchased by Apex Parks Group in September 2015. The resort features a Boardwalk Funway, six roller coasters, 41 rides, the Shafer Queen Paddlewheel boat, two campgrounds, rental accommodations, and an on-property hotel. Ideal Beach, the water park, includes the original swimming pool with sand beach, water slides, an action river, and kid’s spray area. For more information, please visit www.indianabeach.com.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers, 2 Water Parks, and 1 Amusement Park Resort in California, Texas, Florida, New Jersey, and Indiana. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities they serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Indiana Beach Amusement Resort Is the Newest Member of Apex Parks Group

Aliso Viejo, CA – September 1, 2015 California-based Apex Parks Group (“Apex Parks”) is pleased to announce the acquisition of Indiana Beach Amusement Resort (“Indiana Beach”). This is the second significant addition to the company since its founding less than a year ago.

Indiana Beach is located on the banks of Lake Shafer in Monticello, Indiana. 2016 will mark the 90th anniversary of the park which has established itself as a true family vacation destination, spanning a total of 376 acres. The amusement park boasts a broad array of family entertainment and thrills; including one of the top wooden roller coasters and steepest drop steel roller coasters in North America. The theme park boasts children’s rides, zip lines, a waterpark, an arcade, miniature golf, traditional amusement park games and much more. Indiana Beach also offers more than 1200 accommodation alternatives, including 42 in-park motel rooms, 114 cabins, cottages & townhomes, over 1180 campsites, and 100 boat docks.

Apex Parks Group CEO, Al Weber, Jr. explains: “Indiana Beach is a fabulous addition for us. We are pleased to work with the park team and local community to grow this jewel of a resort in mid-state Indiana. We look forward to building upon the 90 year heritage of this park and providing families with a life time of great memories.”

The General Manager of Indiana Beach, John Collins, is optimistic about the future of the park. “This is a very big and meaningful step for Indiana Beach. In our 90-year history, Indiana Beach has developed a loyal following of family visitors. We believe the resources that Apex Parks brings to Indiana Beach will provide us opportunity for expansion and improved infrastructure. We're very confident that, as part of Apex Parks Group, we will take this great property and take it to the next level.”

“Over the past 8 seasons we have prided ourselves in keeping the history and nostalgia of Indiana Beach while investing in the future of the resort by upgrading and adding amenities, accommodations and attractions. This is an exciting time for Indiana Beach," said Bob Moser, former owner of Indiana Beach. “With the decades of experience Apex Parks brings, we are certain they are committed to providing a high quality experience for our guests for years to come.”

Al Weber adds, “Our management team and investor group led by Broad Sky Partners and the Edgewater Funds Group are committed to building Apex into a valuable out-of-home entertainment business. The addition of Indiana Beach is a leap toward achieving this goal.”

Indiana Beach will continue to operate the remainder of its regular 2015 schedule and will be open September 4 – 7 for Labor Day weekend, and September 12, 13, and 19. For park information and operating hours, please visit www.indianabeach.com

About Indiana Beach Amusement Resort

Indiana Beach is located in Monticello, Indiana on Lake Shafer. The amusement resort was founded in 1926 and features a Boardwalk Funway, six roller coasters, 41 rides, a one-of-a-kind zipline over Lake Shafer, an aerial ropes course, Kiddyland, the Shafer Queen sightseeing paddlewheel boat, two campgrounds, rental accommodations, and an on-property hotel. Indiana Beach’s current water park, Ideal Beach, includes the original swimming pool with sand beach, water slides, an action river, and kid’s spray area. For more information, please visit www.indianabeach.com.

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 13 Family Entertainment Centers and 2 Water Parks in California, Texas, Florida, and New Jersey. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities we serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

About Broad Sky Partners

Broad Sky Partners is a sector-focused, middle market private equity firm that invests in companies in the Media, Communications & Business Services (MCBS) and Consumer Products & Services sectors. Broad Sky partners with outstanding managers to create sustainable value in companies with strategic importance. With a focus on driving organic growth, Broad Sky leverages a deep bench of Operating Executives and the significant industry-specific experience of its Founding Partners and professionals to help companies realize their maximum potential. Additional information can be found at www.broadskypartners.com.

About The Edgewater Funds

The Edgewater Funds is a Chicago-based private equity firm with $1.4 billion in committed capital. Edgewater partners with management to help accelerate growth in their businesses. Edgewater focuses on funding high quality middle market companies to add substantial value through capital and experience. Edgewater leverages the experience of its Partners and the Executive Advisory Board who have distinguished themselves as successful CEOs and business leaders. For more information, please visit www.edgewaterfunds.com.

Boomers and SpeedZone Launch ForeverLawn’s Putt for the Fallen Fundraiser

Aliso Viejo, CA – September 1, 2015 - Apex Parks Group’s eleven Boomers and two SpeedZone parks will be participating locations in the 2nd Annual ForeverLawn’s Putt for the Fallen nationwide fundraiser. From coast to coast, Family Entertainment Centers have joined forces to support children’s college educations. The money raised will directly benefit Children of Fallen Patriots Foundation, a non-profit organization dedicated to providing college scholarships and long-term educational counseling to military children who have lost a parent in the line of duty.

During the month of September, guests at the Apex-owned Boomers locations will have the opportunity to donate $1, $3 or $5 in exchange for a paper golf ball. Donors will receive recognition by writing their names on the ball and will receive a FREE round of mini-golf with the purchase of a round, for their next visit.

Apex Parks Group Communications Manager and spokesperson, Courtney Rayburn, states, “Our group of parks has always been focused on supporting three important American institutions – Family, Education, and Military. ForeverLawn’s Putt for the Fallen combines all three together with their fundraiser. We are proud to have all 13 of our centers involved in a nationwide cause that benefits the children of our fallen heroes.”

Putt for the Fallen is a nationwide cause that supports college education and ties in one of America’s favorite pastimes, miniature golf, to raise the funds necessary to assist America’s children to achieve their educational goals. For more information about Children of Fallen Patriots Foundation and the work that they do, go to www.fallenpatriots.org

Boomers parks are located in Boca Raton, FL; Houston, TX; El Cajon, Fountain Valley, Fresno, Irvine, Livermore, Modesto, San Diego, Santa Maria, and Upland, CA. Visit www.boomersparks.com for the location nearest you.

SpeedZone parks are located in Dallas, TX and Los Angeles, CA. Operating hours and pricing can be found at www.speedzone.com

Malibu Castle is Closing Its Doors after 37 Years

San Antonio, TX - August 8, 2015 Malibu Castle in San Antonio, TX will officially close for business in early September. The decision was made to close the park in lieu of renewing the lease on the land where the park sits. Since 1978, Malibu Grand Prix & Castle has provided affordable family fun to residents of San Antonio. The last day of operation will be Monday, September 7, 2015.

Dwayne Devol, General Manager, appreciates the community’s support, “It has been my pleasure to help make memories for the families here in San Antonio and surrounding areas. I cherish my memories, too, having worked here for 17 years. I have enjoyed each and every day. Let’s keep having fun in San Antonio.” He also adds, “GO, SPURS, GO!”

Gregg Borman, Sr. VP of Operations for Apex Parks Group, owners, states, “It was not an easy decision to close this park, but the economics of the day swayed us to not renew the lease on the property. We really appreciate all of the hard work and dedication from our team in San Antonio. They have always been committed to making our guest experiences positive and memorable.”

Members of the local community are invited to enjoy one last blast before the park closes. Through September 7, the park will offer an All Day Unlimited Attractions Pass for only $19.78 each; paying homage to the year the park opened. The All Day Attraction Passes are valid for unlimited Miniature Golf, Go karts, Bumper Boats, and Rock Wall. Fans of the park are also encouraged to share memories, photos, and other nostalgia on the Malibu San Antonio Facebook page.

About Malibu San Antonio Located just north of the intersection of Loop 410 and IH-10, the park opened in Fall 1978 and included the Malibu Grand Prix and “The Castle.” The Grand Prix track and arcade closed in 2003, and the park continued to operate as “Malibu Castle,” with miniature golf, Go Karts, Bumper Boats, Batting Cages, a Rock Wall, and arcade. For more information visit http://www.malibugrandprix.com

About Apex Parks Group Apex is a privately held company based in Aliso Viejo, California with 14 Family Entertainment Centers and 2 Water Parks in California, Texas, Florida, and New Jersey. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 and is committed to excellence, to the communities we serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Kowabunga Racer is Now Open at Big Kahuna’s Water & Adventure Park

Destin, FL – July 11, 2015 Big Kahuna’s Water & Adventure Park is pleased to announce that the Kowabunga Racer water slide is now open to the public! Kowabunga Racer is a 4-lane water slide racer designed by ProSlide Technology, Inc. From almost five stories high, riders hit the starting line on a speed mat and race head first down the watery, wild racecourse. According to ProSlide’s website, “Guests speed through the dark in braided, twisting tunnels before shooting into the open, multi-bump racing lanes.”

Kowabunga Racer is the largest single investment in a new ride since 2008. Big Kahuna’s General Manager, Bob Cordier, comments, “Big Kahuna’s is proud to have been an important partner in the Destin community for many years. With the addition of the Kowabunga Racer and our plans for future expansions, we look forward to many more years of supporting growth in our area.”

Big Kahuna’s was acquired by Apex Parks Group in September 2014 and will benefit from the company’s ongoing efforts to improve guest experience. CEO Al Weber explains, “This investment in Big Kahuna’s is indicative of the commitment of Apex to keep all our parks fresh and new giving guests more reasons to visit our parks”

The public and media are invited to the Grand Opening Ceremony on Wednesday, July 15, with a ribbon cutting by the Destin Chamber of Commerce. In addition, local dignitaries and politicians will compete in the first “Kowabunga 500” race. Big Kahuna’s is donating up to $2000 to charities designated by the race winners. Confirmed racers include Florida State Representative Matt Gaetz, Mayor Mel Ponder of Destin, Mayor Mike Anderson of Fort Walton Beach, FWB City Manager Michael Beedie, Destin City Manager Greg Kisela, and more. The celebration begins at 10:30am and park admission is required to watch the “Kowabunga 500.”

About Big Kahuna’s Water & Adventure Park

Big Kahuna’s has been Destin’s preferred water park destination since 1986. The park offers families an affordable alternative to the beach; with water slides and activities for any age, plus the Adventure Park with 3 miniature golf courses, and two thrill rides. For more information, please visit www.bigkahunas.com



About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 14 Family Entertainment Centers and 2 Water Parks in California, Texas, Florida, and New Jersey. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 and is committed to excellence, to the communities we serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Boomers! Blasts Into Houston With Grand Opening Weekend

Houston, TX – June 5, 2015 - Boomers! Houston (formerly Mountasia) has opened today as the first Boomers! location in Texas. The media and public are invited to attend the free, official grand opening event on June 12 and 13. The first 100 guests to enter the park on Friday and Saturday will receive a free goody bag of Boomers! and Pepsi merchandise. Highlights of the weekend include: Ribbon Cutting ceremony, prize giveaways, a bounce house for kids and free blood pressure checks by First Choice Emergency, a DJ, free popcorn and fried Oreos, and more. Park and attraction information can be found at www.boomersparks.com/houston

The refreshed arcade building features an expanded café counter and they’ve doubled the seating capacity. There’s now a sports bar-style counter, with stools and multiple televisions. The company has applied for a license to serve a selection of beer and wine to adult guests. There is brand new carpeting throughout the arcade, all new games, and a refreshed look for the indoor party and meeting room. Al Weber, Jr., CEO of Apex Parks Group, comments, “This complete renovation of the park will make the new Boomers! a favorite place for Houstonians to visit for a fun and enjoyable time with family and friends.”

In addition to the newly remodeled interior, Boomers! is also introducing a ticket-free, token-free card system for attractions and games. Free parking and free admission will continue to give guests the freedom to decide how long to stay and how much to pay. Boomers! will continue to offer a great value for indoor and outdoor family fun in Houston; with Go Karts, Bumper Boats, two Miniature Golf courses, Batting Cages, and some hot, new video and prize games.



In September 2014, California-based Apex Parks Group purchased the Mountasia location and made immediate improvement by restoring the mountain waterfall; an icon in the midst of the two miniature golf courses. The new investments and rebranding at the Houston Boomers! is indicative of their commitment to elevate the customer experience to even higher levels of satisfaction. The rebranding will expand Apex’s family of Boomers! parks to 11 locations in 3 states.



About Boomers!

The family entertainment center brand was established in 2002, following a merger of parks in California. Apex Parks Group purchased the brand in 2014 and now owns 11 of the 14 parks with that name. Boomers! parks have a variety of outdoor things to do; go karts, miniature golf, and batting cages, as well as state-of-the-art video arcades, lazer tag arenas, and family rides. For more information visit www.boomersparks.com



About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 14 Family Entertainment Centers and 2 Water Parks in California, Texas, Florida, and New Jersey. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities we serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com

Mountasia Family Fun Center Gets New Name and New Look

Aliso Viejo, CA - May 27, 2015 - Apex Parks Group, owners of Mountasia Family Fun Center in Northwest Houston, is pleased to announce that the family fun center will be rebranded as the first Boomers! location in Texas. The park is getting more than a new name. The refreshed arcade building will feature a brand new sports bar-style seating area with multiple televisions and will serve a selection of beer and wine for adult guests. There is brand new carpeting throughout the arcade, all new games, and a refreshed look for the indoor party and meeting room.

Boomers! will continue to offer a great value for indoor and outdoor family fun in Houston; with Go Karts, Bumper Boats, two Miniature Golf courses, Batting Cages, and some hot, new video and prize games. Boomers! will also introduce an all new ticket-free, token-free card system for attractions and games. Free parking and free admission will continue to give guests the freedom to decide how long to stay and how much to pay.

In September 2014, California-based Apex Parks Group purchased the Mountasia location and made immediate improvement by restoring the mountain waterfall; an icon in the midst of the two miniature golf courses. The new investments and rebranding at the Houston Boomers! is indicative of their commitment to elevate the customer experience to even higher levels of satisfaction. The rebranding will expand Apex’s family of Boomers! parks to 11 locations in 3 states.

Al Weber, Jr., CEO of Apex Parks Group, comments, “This complete renovation of the park will make the new Boomers! a favorite place for Houstonians to visit for a fun and enjoyable time with family and friends.”



About Boomers!

The family entertainment center brand was established in 2002, following a merger of parks in California. Apex Parks Group purchased the brand in 2014 and now owns 11 of the 14 parks with that name. Boomers! parks have a variety of outdoor things to do; go karts, miniature golf, and batting cages, as well as state-of-the-art video arcades, lazer tag arenas, and family rides. For more information visit www.boomersparks.com

About Apex Parks Group

Apex is a privately held company based in Aliso Viejo, California with 14 Family Entertainment Centers and 2 Water Parks in California, Texas, Florida, and New Jersey. Apex Parks Group is currently one of the largest owners of Family Entertainment Centers in the United States. Apex Parks was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities we serve, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.

Sahara Sam’s Oasis Water Park Is The Newest Member Of Apex Parks Group

West Berlin, NJ – April 30, 2015 California-based Apex Parks Group is pleased to announce the acquisition of Sahara Sam’s Oasis Indoor and Outdoor Water Park and the expansion of its leading portfolio of family entertainment venues.

Based in West Berlin, NJ, Sahara Sam’s Oasis is a unique water park and year-round family entertainment venue with a wide range of water park features, arcade games and dining options. The 70,000 sq.ft. indoor complex boasts tube, body and raft slides, the region’s only indoor surfing simulator, a retractable roof, and other water park attractions. The indoor facility also offers arcade games as well as food and beverage services including full service bars, an extensive cafeteria menu, dining and a private party room. In addition to the indoor facility, there are nearly 2 acres of outdoor attractions, including a 12,000 sq.ft. wave pool, 25-meter themed leisure pool, kiddie splash park and custom tiki bar. Sahara Sam’s boasts a robust schedule of birthday party and group events. The park is 20 miles from Philadelphia and less than 90 miles from New York, and will give Apex Parks Group a foothold in the Northeast United States.

“Adding Sahara Sam’s Oasis brings a differentiated entertainment concept, a new market and a proven management team to the Apex portfolio,” stated Al Weber, CEO of Apex Parks Group. “As the only free-standing, year-round, indoor-outdoor water park in the United States, Sahara Sam’s Oasis is truly a one-of-a-kind guest experience. Ilya Girlya, CEO of Sahara Sam’s, and his talented team have a well-deserved reputation for innovation and excellence in the entertainment industry, and we are excited they will be joining the Apex family.”

“Our members, guests, and business partners should be thrilled by this news,” commented Mr. Girlya. “We have established Sahara Sam’s Oasis as the region’s go-to entertainment venue. Apex shares our commitment to safe, high quality, and affordable family activities. Joining Apex will provide the resources and backing to sustain the innovation, customer service and growth that have been hallmarks of our business since our opening in 2009.”



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