PE-backed PlayCore buys Superior

PlayCore, a portfolio company of Sentinel Capital Partners, has acquired Carrollton, Georgia-based Superior Recreational Products, a provider of of commercial playground equipment, recreational products, shade structures and site amenities. No financial terms were disclosed. Lincoln International was the investment banking representative for Superior on the deal.

PRESS RELEASE

CHICAGO, IL – Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce the sale of Superior Recreational Products (“Superior” or the “Company”) to PlayCore, a portfolio company of Sentinel Capital Partners. Terms of the transaction were not disclosed.

Headquartered in Carrollton, Georgia, Superior is a leading provider of commercial playground equipment, recreational products, shade structures and site amenities. The Company offers one of the most extensive collections of outdoor and indoor play lines in the industry, including steel structures, recycled post and deck structures, education-based play environments, indoor modular playgrounds and play components, as well as shade and shelter structures. Superior serves multiple market segments, including municipalities, schools, daycare facilities, restaurants, hotels / resorts, housing authorities and OEMs. The Company has established itself as a market leader in the early childhood and shade segments due to its design and engineering expertise, use of high-quality materials, emphasis on safety and ability to customize solutions for clients. For more information, visit www.superiorrecreationalproducts.com.

Lincoln International acted as the exclusive investment banking representative for Superior, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint venture and partnering advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior level attention, in depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.

More information about Lincoln International can be obtained at www.lincolninternational.com