Themeparks LLC is an American company that operates theme parks. The company was originally formed as "227 Plus One" in the late 1980s by Ed Hart and is based in Louisville, Kentucky. Themeparks' first park was Kentucky Kingdom, which it bought in 1988 and sold to Premier Parks (now Six Flags) in 1997. Themeparks subsequently operated Magic Springs Theme Park in Hot Springs, Arkansas from 2000 to 2008 before selling it to PARC Management. Themeparks LLC repurchased Kentucky Kingdom in 2013 and has been operating the theme park since May 2014.
In 1988, businessman Ed Hart bought the then-bankrupt Kentucky Kingdom amusement park at an auction. Hart then turned the park around and reopened it for the 1990 season. During this time, Hart founded Themeparks LLC specifically for the project.
In 1997, Kentucky Kingdom was sold to Premier Parks, which in 1998 purchased Six Flags Theme Parks from Time Warner. In 1998 Kentucky Kingdom became Six Flags Kentucky Kingdom.
After selling Kentucky Kingdom to Premier Parks in 1997, Hart began planning to build a brand new amusement park near Seattle, Washington, which was to be called "The Great Northwest Theme Park". The park was to be 100 acres and be located in the town of Lakewood. It was planned to open in the Spring of 2002. However, the project was scrapped for unknown reasons.
In the late 1990s, Hart was approached by Fitraco, a Belgian company, to reopen Magic Springs amusement park in Arkansas. Hart then reassembled and restarted Themeparks LLC, only one year after it dissolved after the sale of Kentucky Kingdom to Premier Parks (now Six Flags). Hart and Themeparks LLC then reopened the park in 2000 after five years being closed. During Themeparks LLC's operations at Magic Springs, attendance grew to new highs, after the additions of Crystal Falls Water Park and the Timberwood Amphitheater. Themeparks LLC sold Magic Springs and Crystal Falls to PARC Management in early 2008. Themeparks LLC then dissolved for a second time afterwards for another two years until 2010.