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, Recreational/sporting goods, Toys, Rotomolding

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

Delphi buying connector maker Antaya

September 22, 2014 2:25 pm ET

Delphi Automotive plc will buy Antaya Technologies Corp., a Rhode Island company that supplies wire harnesses and other technologies that connect...    More

Image

Mountain biker turns to polyurethane skin to cover two-wheel investment

September 22, 2014 2:01 pm ET

An Australian mountain biker keen to protect an expensive new purchase is converting the two-wheel world to his polyurethane product.    More

Image

New medical firm buys Clairson Plastics

September 19, 2014 4:33 pm ET

Custom injection molder Clairson Plastics is being sold to a new start-up that plans to dive into the medical market with a new dialyzer, a key...    More

Image

Hong Kong's TK eyes expansion, may buy Nypro Tool operation

September 19, 2014 2:49 pm ET

Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it's reached a tentative agreement to buy a tooling factory in...    More

Exo-s buys injection and blow molder in Mexico, expands footprint

September 19, 2014 2:15 pm ET

Custom molder Exo-s Inc. has bought an injection and blow molding operation in San Juan del Rio, Querétaro, Mexico.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events