The proposal was accepted by planning inspectors in 2021. Bicester, Oxfordshire, England - A proposal to build a Great Wolf Lodge location in Chesterton near Bicester, Oxfordshire was submitted in 2019.Naples, Florida – Estimated to cost $250 million to build, ground was broken on July 14, 2022, and the resort is expected to open in early–mid 2024.Perryville, Maryland – Announced in December 2018, ground was broken on July 20, 2021, and the resort is expected to open on July 15, 2023.Sheboygan, Wisconsin (2004–2011 now known as Blue Harbor Resort).Interior of the waterpark at the Great Wolf Lodge in Grand Mound, Washington The two firms agreed to form a $2.9 billion joint-venture to own the company. In September 2019, Blackstone Group made a deal to purchase 65% controlling interest in Great Wolf Resorts from Centerbridge Partners. Blackstone and Centerbridge joint venture The acquisition was finalized on May 12, 2015. On March 24, 2015, Centerbridge Partners reached an agreement with Apollo to acquire the Great Wolf chain for $1.35 billion. The company's shares traded as low as $2.18 in October 2011, but they climbed above $5 following the announcement in March 2012 and reached a 52-week high of $7.50 during trading in April 2012. After Apollo upped its offer again to $7.85 a share on April 20, 2012, KSL Capital Partners later announced it would not be making additional offers. KSL then raised its cash offer to $7 a share on April 8, 2012, beginning a rare public bidding war. On April 12, 2012, KSL Capital Partners made an unsolicited offer of $6.25 a share, and Apollo followed suit raising its bid to $6.75 a share. Following the announcement, an investor group filed a complaint in Delaware Chancery Court stating that the deal, in which Apollo would pay $5 a share, undervalued the company. On March 13, 2012, Apollo Global Management announced an agreement to acquire the company for $703 million.
In April 2017, Great Wolf relocated their corporate headquarters to Chicago, Illinois. In addition, they spent over $4 million renovating the company's first two locations – Wisconsin Dells and Sandusky.
On May 1, 2012, Great Wolf announced they were adding a new amenity or attraction to each of their resorts in time for the summer season. The chain has since added sixteen additional locations and has one under construction. The name of the Ohio location was changed to Great Wolf Lodge in 2004.
When a third location opened in 2003, the decision was made to place all future parks under the Great Wolf Lodge banner. In 2001, the company built a second location in Sandusky, Ohio, and named it Great Bear Lodge. Stark, and the team changed the name to Great Wolf Lodge and the company headquarters were established in Madison, Wisconsin. Black Wolf Lodge was purchased by The Great Lakes Companies Inc in 1999. Great Wolf Lodge began as a small indoor water park resort called Black Wolf Lodge which was founded in 1997 by brothers Jack and Andrew "Turk" Waterman, the original owners of Noah's Ark Water Park in Wisconsin Dells, Wisconsin. Great Wolf Resorts is headquartered in Chicago, Illinois. In addition to a water park, each resort features restaurants, arcades, spas, and children's activities. The company owns and operates its family resorts under the Great Wolf Lodge brand. Great Wolf Resorts (formerly known as Great Wolf Lodge) is a chain of indoor water parks.
Apollo Global Management, Centerbridge Partners and Blackstone Group
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