M&A Deal Summary

PlayCore Acquires Colorado Time Systems

On July 24, 2012, PlayCore acquired electrical equipment company Colorado Time Systems

Acquisition Highlights
  • This is PlayCore’s 1st transaction in the Electrical Equipment sector.
  • This is PlayCore’s 9th transaction in the United States.
  • This is PlayCore’s 1st transaction in Colorado.

M&A Deal Summary

Date 2012-07-24
Target Colorado Time Systems
Sector Electrical Equipment
Buyer(s) PlayCore
Deal Type Add-on Acquisition

Target

Colorado Time Systems

Loveland, Colorado, United States
Colorado Time Systems LLC is a provider of premier athletic venues with quality timing, scoring, and display systems. Its products include world-class aquatic timing products, like the AquaGrip TouchPad and Relay Judging Platforms, LED full color video displays, LED single-color animation displays, ribbon/fascia boards, sport-specific scoreboards, and portable scoreboards.

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Buyer(S) 1

Buyer

PlayCore

Chattanooga, Tennessee, United States

Category Company
Founded 1979
Sector Consumer Products
Employees1,062
DESCRIPTION

PlayCore is a provider of consumer equipment and backyard products. Its 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.


DEAL STATS #
Overall 9 of 20
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 9 of 20
State (Colorado) 1 of 2
Country (United States) 9 of 20
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-15 National Recreation Systems

Fort Wayne, Indiana, United States

National Recreation Systems, Inc. designs and manufactures angle frame bleacher systems for customers in the United States and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-25 DERO Bike Rack

Minneapolis, Minnesota, United States

DERO Bike Rack Co. was one of the first to make functional but artistic bicycle parking racks. Since 1995, its founders believed they could build a successful bike parking business with high quality, functional, and secure products that were aesthetically attractive so that architects and planners would integrate them as a visible part of their designs.

Buy -