M&A Deal Summary

Court Square Capital Partners Acquires PlayCore

On September 29, 2017, private equity firm Court Square Capital Partners acquired consumer products company PlayCore from Sentinel Capital Partners

Acquisition Highlights
  • This is Court Square Capital Partners’ 1st transaction in the Consumer Products sector.
  • This is Court Square Capital Partners’ 39th transaction in the United States.
  • This is Court Square Capital Partners’ 3rd transaction in Tennessee.

M&A Deal Summary
Date 2017-09-29
Target PlayCore
Sector Consumer Products
Buyer(s) Court Square Capital Partners
Sellers(s) Sentinel Capital Partners
Deal Type Secondary Buyout

Target

PlayCore

Chattanooga, Tennessee, United States
PlayCore is a provider of consumer equipment and backyard products. It specializes in the design, manufacture and marketing of commercial and consumer outdoor playground equipment. The consumer division manufactures kits for wooden swing sets and climbing units, plastic slides and related products. PlayCore was founded in 1979 and is headquartered in Chattanooga, Tennessee.

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Buyer(S) 1

Buyer

Court Square Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1968
PE ASSETS 7.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Court Square Capital Partners (CSCP) is a generalist private equity firm that seeks middle market company investments across the US. CSCP looks to partner with management teams to accelerate revenue growth and improve operating efficiency. Sectors of interest include business services, building products, chemicals, consumer products, food products/services, healthcare, aerospace/defense, manufacturing, media, technology, telecommunications, and transportation. Court Square Capital Partners was formerly known as Citigroup Venture Capital Equity Partners. The Group spun out of Citigroup and became independent in 2006. CSCP is based in New York City.

DEAL STATS #
Overall 42 of 67
Sector (Consumer Products) 1 of 1
Type (Secondary Buyout) 21 of 31
State (Tennessee) 3 of 3
Country (United States) 39 of 64
Year (2017) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-17 Strategic Products and Services

Parsippany, New Jersey, United States

Strategic Products and Services is a provider of enterprise telephony and unified communications services, software, and hardware to enterprise and government customers in the U.S. SPS assesses, designs, implements, and manages voice and data network systems using technologies from Avaya, Microsoft, Cisco, and Juniper Networks. Strategic Products and Services was established in 1988 and is based in Parsippany, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 Team Select Home Care

Phoenix, Arizona, United States

Team Select Home Care is a provider of post-acute healthcare services in a home-based setting to patients across the southwestern and central United States. Dedicated to improving the lives of patients through increased health and mobility, Team Select Home Care maintains offices in Arizona, Colorado, Missouri, and Oklahoma that provide home health care and other services to their local communities. Team Select Home Care was founded in 2008 and is based in Phoenix, Arizona.

Buy -

Seller(S) 1

SELLER

Sentinel Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 11.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Sentinel Capital Partners is a private equity firm that targets investments in middle-market companies with strong management and 'attractive growth prospects'. Sentinel looks to invest up to $400 million of equity in companies generating EBITDA of up to $65 million. Sectors of interest include business services/outsourcing, consumer products and services, food and restaurants, franchising, and manufacturing. Prospective transaction situations include management buyouts, recapitalizations, corporate divestitures, take-privates, and growth capital financings. Sentinel Capital Partners was formed in 1995 and is based in New York, New York.

DEAL STATS #
Overall 45 of 69
Sector (Consumer Products) 3 of 6
Type (Secondary Buyout) 24 of 30
State (Tennessee) 1 of 2
Country (United States) 41 of 62
Year (2017) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-27 WellSpring Consumer Healthcare

Sarasota, Florida, United States

WellSpring Consumer Healthcare is a marketer of over-the-counter and cosmetic brands in the skincare, feminine hygiene, and gastrointestinal care categories. WellSpring’s portfolio includes Bactine, Bonine, FDS, Emetrol, Micatin, Gelusil, Glaxal Base, Barriere, and K-Lyte. WellSpring Consumer Healthcare was founded in 1999 and is based in Sarasota, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 MB2 Dental Solutions

Carrollton, Texas, United States

MB2 Dental Solutions is a dental service organization that serves as a partner to affiliated dentists and practice owners. MB2 provides affiliated dental offices with a suite of services to help them run dental practices more efficiently, allowing them to focus on providing exceptional patient care at their practice. MB2 Dental Solutions is based in Carrollton, Texas.

Buy -
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