SeaWorld Parks & Entertainment Inc., the operator of aquatic amusement parks, hired Goldman Sachs Group Inc. (GS:US) and JPMorgan Chase & Co. to manage an initial public offering, said two people with knowledge of the matter.
The company may go public in early 2013 and raise at least $500 million, said the people, who asked not to be named because the information is private.
SeaWorld, owned by Blackstone Group LP (BX:US), has 10 parks including locations in Orlando, Florida, San Diego, California, and San Antonio, Texas, according to the Orlando-based company’s website.
Peter Rose, a spokesman for New York-based Blackstone, and Michael DuVally, a spokesman for New York-based Goldman Sachs, declined to comment. Jennifer Zuccarelli, a spokeswoman for JPMorgan, didn’t respond to a call outside of normal business hours seeking comment.
Reuters reported previously that SeaWorld is planning an IPO next year.
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