Edgewater Growth Capital Partners III, L.P. (“Edgewater”) is pleased to announce that its portfolio company Apex Parks Group (”Apex Parks” or the “Company”) has recently completed the acquisition of Indiana Beach Amusement Resort. Indiana Beach is a regional amusement and water park with a history dating back to its founding in 1926. Apex Parks is now one of the largest owners of family entertainment centers and regional amusement parks in the United States.
Apex Parks was formed by Edgewater with the initial platform investment completed in September 2014. The Company is led by Al Weber, a highly experienced industry CEO who previously was CEO of Six Flags Entertainment, Paramount Parks and Palace Entertainment. Apex is continuing to pursue a robust pipeline of additional acquisition opportunities.
The Edgewater Funds is a Chicago-based private equity firm with $1.4 billion in committed capital. Through Edgewater Growth Capital Partners, we partner with management to help accelerate growth in their businesses. Edgewater focuses on funding high quality middle market companies where we can add substantial value through our capital, our experience and our broad network. Edgewater leverages the experiences of its Partners and the Executive Advisory Board who have distinguished themselves as successful CEOs and business leaders.