#United States #Huntersville #Platinum Equity #outdoor recreation #PlayPower

Platinum Equity Completes Acquisition of PlayPower

On October 31, 2025, Platinum Equity announced the successful completion of its acquisition of PlayPower, a notable leader in the design and manufacturing of outdoor recreation and living systems. This acquisition marks a pivotal point for both companies as they aim to innovate and lead in the outdoor equipment market.

About PlayPower

Founded in Huntersville, North Carolina, PlayPower specializes in developing a diverse range of products aimed at enhancing outdoor spaces. Their offerings include recreational structures, playground systems, and various related technologies, which cater to essential markets such as schools, parks, residential areas, and various commercial settings. Furthermore, PlayPower's products are crucial in fostering community health and social interactions, which have seen increasing demand.

The company boasts international manufacturing and distribution capabilities, allowing them to efficiently service markets across North America and Europe. This broad geographical reach not only facilitates quicker delivery times but also ensures compliance with varying regional standards and regulations.

Market Demand and Future Outlook

Jacob Kotzubei, Co-President of Platinum Equity, emphasized the growing emphasis families and communities place on outdoor spaces for health and social engagement. He stated, “Families and communities are prioritizing open-air spaces for health, wellness, and social connection, fueling long-term demand for premium outdoor equipment and playground solutions.” This trend underscores not merely a shift in consumer preferences but also aligns with broader societal movements towards healthier lifestyles.

As Platinum Equity steps into this merger, they recognize PlayPower’s unique positioning in the market. The firm’s leadership is optimistic, believing that they can provide valuable support to enhance PlayPower’s mission of enriching lives and strengthening community ties through outdoor play.

Nathan Eldridge, Managing Director at Platinum Equity, pointed out that PlayPower presents ample opportunities for growth not only in its current product categories but also in adjacent markets. The aim is to expand through both organic growth strategies and potential new acquisitions, which could introduce PlayPower's offerings into complementary areas.

Strategic Support and Advisors

While the financial specifics of this acquisition have not been disclosed, it is worth noting the strategic role that advisory firms played in facilitating this transaction. Goldman Sachs acted as the financial advisor for Platinum Equity, while Simpson Thacher & Bartlett LLP provided legal counsel. Likewise, Lincoln International represented Littlejohn Co., LLC, ensuring a balanced and comprehensive advisory approach during the transaction.

Platinum Equity, known for its trademarked strategy of Mergers, Acquisitions, and Operations (MAO®), has successfully managed a portfolio of approximately 60 operating companies worldwide. Their expertise spans various sectors, including manufacturing, transportation, and technology, making them a powerhouse in managing and enhancing acquired companies.

Conclusion

The acquisition of PlayPower by Platinum Equity is poised to invigorate the outdoor recreation market. With an unwavering focus on enhancing community experiences through outdoor play and wellness, this partnership promises to lead innovation in outdoor solutions. Stakeholders on both sides anticipate that this strategic move will not only benefit their respective operations but also contribute positively to community engagement and health across the markets they serve.