Bloomberg News

SeaWorld Said to Choose Goldman Sachs, JPMorgan for 2013 IPO

December 14, 2012

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.

To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net; Devin Banerjee in New York at dbanerjee2@bloomberg.net

To contact the editor responsible for this story: Jeffrey McCracken at jmccracken3@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • GS
    (Goldman Sachs Group Inc/The)
    • $186.2 USD
    • -1.69
    • -0.91%
  • BX
    (Blackstone Group LP/The)
    • $33.17 USD
    • 0.02
    • 0.06%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus