| Chattanooga,
TN – 8/4/08-- PlayCore Holdings, Inc. (PlayCore),
a leading designer, manufacturer, and marketer of a broad
range of play and recreation products, and a portfolio
company of BSMB, is pleased to announce the acquisition
of Everlast Climbing Industries, Inc. Everlast Climbing
is a leader in the climbing wall industry and is dedicated
to enhancing the fitness of our youth. Since 1991, the
Company has offered a comprehensive line of climbing wall
systems for indoor and outdoor use as well as a complete
selection of educational support services that include
grant and fundraising support, additional value-added wall
features/enhancements, activity and assessment guides,
cross-curricular programs, and individually tailored staff
training. Everlast Climbing is committed to the development
of science-based best practice fitness programming and
the creation of environments that encourage educational
excellence.
|
|
Everlast
Climbing will continue as an operating division of PlayCore in Mendota
Heights, MN. Tim Sudeith will continue to serve as the company’s
General Manager.
“We
are excited about the addition of Everlast Climbing to the family of
PlayCore brands and the resulting expansion of our offerings. The Company
provides the start of a new platform in youth fitness that is very exciting.
Additionally, 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, recreation, and
fitness products that enrich childhood,” said Bob Farnsworth, President
and CEO of PlayCore. “We see this partnership as a significant
step forward in the development of Everlast Climbing and PlayCore’s
future growth potential and we look forward to working together with
Tim and the management team.”
“We
believe that our shared passion and innovation will enable us to expand
our core mission of enhancing youth fitness. Just as children can find
success in play, all children can find a measure of success in climbing,” said
Tim Sudeith, Everlast Climbing General Manager and PlayCore Vice President. “We
are looking forward to working with PlayCore’s talented team and
believe that collectively, we will be able to continue strengthening
the company, our innovative products and educational resources, and our
commitment to outstanding customer service.”
About
PlayCore
PlayCore is a leading designer, manufacturer, and
marketer of a broad range of commercial and consumer
playground and park equipment, surfacing, site amenities,
fitness, and related play products. The business operates
under the GameTime, Play and Park Structures, and Ultra
Play commercial brands, the award-winning consumer brand
of Swing-N-Slide, the surfacing brand of Tot Turf, and
the fitness brand of Everlast Climbing Industries. PlayCore’s
corporate headquarters are located in Chattanooga, TN.
More information is available about PlayCore at www.playcore.com.
About
Everlast Climbing Industries, Inc.
Everlast Climbing Industries is a leader in the youth fitness industry and
is committed to the development of best practice fitness programming and the
creation of environments that encourage educational excellence. The company
is headquartered in Mendota Heights, MN. More information is available about
Everlast Climbing Industries, Inc. at www.traversewall.com.
|
