Herschend Family Entertainment, the group that owns Silver Dollar City in Branson, Mo., along with other amusement parks and tourist attractions across the country have purchased the Harlem Globetrotters from the private equity firm Shamrock Capital Advisors. The L.A. Business Journal listed the price between $50-$100 million.
The Globetrotters have executive offices and about 30 employees at the Arizona Center in downtown Phoenix. The traveling basketball team has 90 employees plays close to 400 games worldwide each year. Plans are for the Globetrotters’ home office to remain in Phoenix after the deal.
Georgia based Herschend also owns and operates Dollywood in Tennessee, Wild Adventures in Valdosta, Ga., Stone Mountain Park in Georgia and Adventure Aquarium in New Jersey.