Headwaters announced today that it 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 Headwaters. “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.
Mike Evans, the Founder and Chief Executive Officer of PLAYTIME, LLC commented, “The entire Headwaters team was fantastic throughout the process. My decision in choosing this firm was one of the best of my professional career. They were all real pros, especially when I needed it most.”
Terms of the transaction were not disclosed.
About PLAYTIME, LLC
PLAYTIME is the global provider of unique, interactive, healthy play areas and playground equipment for indoor, outdoor and water play. Designed to engage children, these themed soft play areas drive traffic and enhance their customers' brands. Thousands of families EXPERIENCE PLAYTIME every day at shopping centers, restaurants, airports, stadiums, childcare, healthcare centers, fitness centers, churches, resorts, recreation centers, water parks and museums – any place that kids play. PLAYTIME is trusted by more brands and sponsors to bring their images to life and is a recipient of the Colorado Top Companies to Watch Award. For more information visit http://www.playtime.com.