PlayCore Announces Acquisition of Ultra Play Systems, Inc.
June 30, 2008
PlayCore, Inc., a leading designer, manufacturer, and marketer of a broad range of playground equipment and related play products, and a portfolio company of BSMB, is pleased to announce the acquisition of Ultra Play Systems, Inc. For more than 20 years, Ultra Play has manufactured and supplied park amenities, outdoor athletic equipment, preschool equipment, and accessible picnic tables, park benches, and bleachers. Through its UltraCoatTM Site Amenities, the Company offers the most advanced coating technology available. Ultra Play’s thermoplastic coated steel furniture and site amenities offer superior mechanical performance, impact resistance, and UV stability.
Ultra Play Systems, Inc. will continue as an operating division of PlayCore, Inc. in Red Bud, Illinois. Mike Moll will continue to serve as the company’s General Manager.
“We are excited about the addition of Ultra Play to the family of PlayCore brands and the resulting expansion of our site amenities offerings. The partnership provides many opportunities to support the company’s growth while also fulfilling PlayCore’s mission of providing leadership in the important area of play equipment and recreation products that enrich childhood through play,” said Bob Farnsworth, President and CEO of PlayCore. “We see this partnership as a significant step forward in the development of Ultra Play and PlayCore’s future growth potential and we look forward to working together with the management team of Ultra Play.”
Mike Moll, Ultra Play General Manager and PlayCore Vice President shared, “We pride ourselves in providing the highest quality products and services in the site amenities industry. We are looking forward to working with PlayCore’s talented team and believe that collectively, we share the same values and will be able to continue strengthening the company, our innovative products, and our dedication to customer service.”