DENVER, CO – Capstone Partners advised PLAYTIME, LLC of Englewood, CO, on its recapitalization by Geneva Glen Capital of Chicago, IL.
“Under the guidance of Mike Evans, PLAYTIME has become the leader in soft foam playground equipment, creating tremendous growth for the company. Their products are designed to engage children, drive consumer traffic and enhance their customers’ brands. Additionally, they are attractive because of their unique, naturally-antibacterial / antifungal characteristics,” says Darin Good, Managing Director at Capstone. “This transaction will provide PLAYTIME with the capital and value-added resources it needs to continue growing as a global brand. It was an honor to work with the PLAYTIME management team” adds Good.
Terms of the transaction were not disclosed.