Superior Recreational Products has been sold to PlayCore
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 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.
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