Report: Parent of rotomolder GameTime on the selling block

By Bill Bregar
Senior Staff Reporter

Published: June 4, 2014 3:17 pm ET
Updated: June 4, 2014 3:22 pm ET

Image By: City of Schertz, Texas GameTime's rotomolded products, in use at Schertz, Texas.

Related to this story

Topics Mergers & Acquisitions, Rotomolding, Recreational/sporting goods, Toys

The financial deals website peHUB.com is reporting that PlayCore Holdings Inc., the owner of playground rotational molder GameTime, is for sale.

The website reported May 29 that Irving Place Capital has put PlayCore up for sale. The news site links readers to a May 27 Federal Trade Commission document granting antitrust clearance to Sentinel Capital Partners to buy PlayCore, which is listed as PCH Holdings Inc. The news report also quoted three unidentified sources.

PlayCore is based in Chattanooga, Tenn. GameTime, in Fort Payne, Ala., makes commercial playground equipment, using metal and plastic components, including rotational molded parts such as slides. According to Plastics News ranking data, GameTime is the 25th largest rotomolder in North America, with rotomolding-related sales estimated at $19 million, from an estimated six machines.

A Sentinel Capital spokeswoman said the company has no comment. Irving Place Capital could not be reached for comment. Both private equity firms are in New York.

Irving Place Capital invested in PlayCore in 2007, during a buyout and recapitalization. Since then, PlayCore has made nine add-on acquisitions, of companies that make toys, climbing systems, grandstands, bike racks and other recreational products.


Comments

Report: Parent of rotomolder GameTime on the selling block

By Bill Bregar
Senior Staff Reporter

Published: June 4, 2014 3:17 pm ET
Updated: June 4, 2014 3:22 pm ET

Post Your Comments


Back to story


More stories

Image

Coveris changes culture, eyes IPO

November 20, 2014 1:40 pm ET

CEO Gary Masse has a simple message, and some new math, for everyone at Coveris Holdings Corp. Get on board or get out of the way.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Image

Private equity fuels acquisition market

November 18, 2014 11:52 am ET

Plastics firms and outside investors with money to spend increasingly have done so in the plastics industry for the last quarter-century — and...    More

Image

Venture capital firm buys stake in Ximedica

November 17, 2014 3:32 pm ET

International venture capital firm SV Life Sciences has acquired a majority stake in Providence, R.I.-based medical device company Ximedica LLC.    More

Image

A. Schulman closing Ohio color concentrates and additives plant

November 17, 2014 9:48 am ET

A. Schulman Inc. is closing a color concentrates and additives plant in Ohio that it acquired earlier this year from Ferro Corp.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events