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.