PlayCore Holdings, Inc. (PlayCore), a manufacturer of a playground,
park and recreation, and youth fitness products, has acquired GT
Grandstands, Inc. GT Grandstands is a designer/manufacturer of
grandstands and bleachers.
PlayCore, based in Chattanooga, TN, is a portfolio company of Irving Place Capital.
GT Grandstands will be added to the family of PlayCore brands and products under the umbrella of the Ultra Play Division and New Business Development Group. The company will continue operating in Plant City, FL and Greg Buckner will continue to serve as the companys General Manager reporting to Mike Moll, PlayCores Vice President and General Manager of Ultra Play.
Mark Burgess, PlayCores corporate vice president of New Business Development, will be responsible for working with the GT Grandstands management team on the sales and marketing development of the business.
Greg Buckner, general manager of GT Grandstands, expressed, “We are pleased and encouraged about joining the PlayCore team. All of our employees pride themselves on quality and service to our customers and we look forward to working with a team that is also committed to leadership in the industries it serves.”
“We see this partnership as a significant step forward in the development of GT Grandstands, PlayCore and our Ultra Play Divisions future growth potential and we look forward to working together with the management team of GT Grandstands,” said Bob Farnsworth, president and CEO of PlayCore. “We are excited about the addition of GT Grandstands to the family of PlayCore brands and the resulting expansion of our grandstand and bleacher offerings. The partnership provides many opportunities to support the companys growth and its distribution partners while also fulfilling PlayCores mission of providing leadership in the important areas of play, recreation, and youth fitness that enrich life through play.”