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Trancas Capital Purchases Family Amusement Properties in Bakersfield, CA, and North Richland Hills, TX; Becomes Second Largest Operator of Local Amusement Parks.


ALISO VIEJO, Calif. -- Trancas Capital, a leading acquirer and operator of amusement properties in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has completed the acquisition of two additional family entertainment centers: Camelot Park in Bakersfield, California “Bakersfield” redirects here. For other uses, see Bakersfield (disambiguation).

Bakersfield (pop. 323,213GR2) is one of the fastest-growing, large-population cities in the United States.
, and Mountasia Family Fun Center in North Richland Hills, Texas North Richland Hills is a city in Tarrant County, Texas, United States. The population was 55,635 at the 2000 census. In 2006, North Richland Hills was selected as the one of the "Top 100 Best Places to live in America" according to Money magazine. . The additions extend Trancas' presence to the Southern California and the Dallas-Forth Worth markets and expand Trancas' portfolio to twelve locations in six states, making Trancas the second largest operator of local amusement parks in the country.

"Trancas has quickly become a leader in the family entertainment industry, but we're not stopping here," said Trancas CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Doug Honey. "We're always on the lookout for in search of; looking for.

See also: Lookout
 more park acquisitions so we can continue to build upon the solid foundation we currently have. We seek good parks that will generate healthy cash flows and returns, and our experience operating on a national basis means we will look at parks anywhere in the country."

Trancas Capital and its operating subsidiary, Zuma Fun Centers, now manage parks under the Camelot Park, Mountasia Family Fun Center, Fiddlesticks fid·dle·sticks  
interj.
Used to express mild annoyance or impatience.



[From pl. of fiddlestick, bow for playing a fiddle.
, Funtasticks and Zuma Fun Center brand names. For more information on these locations, visit http://www.zumafuncenters.com.

About Trancas Capital (www.trancascapital.com)

Founded in 2003, Trancas Capital owns and operates family entertainment properties nationwide. Over the next year, Trancas plans an additional $50 million to $100 million in acquisitions of amusement properties. For a list of recent acquisitions, visit http://www.trancascapital.com/portfolio.html.
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Publication:Business Wire
Date:Aug 1, 2006
Words:240
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