Simpson Thacher represented Platinum Equity in its signing of a definitive agreement to acquire Play Holdings, Inc. (“PlayPower”). The transaction signed on September 14, 2025 and is expected to close in the fourth quarter of 2025, subject to customary regulatory approvals and closing conditions.
PlayPower designs and manufactures a wide range of products for outdoor recreation and living, including playground systems, recreational equipment, and related solutions, serving key end markets such as schools, parks and recreation, commercial and industrial facilities, residential communities, marine environments, and hospitality venues.
The Simpson Thacher team included Gregory Klein, Michael Kaplan, Kevin Tsai, Sam Buchman, Muaaz Maksud, Logan Duffy, Millen Trujillo, Stephen Abrahms and Arvin Mousavi (M&A); Russell Light and Shareef Salfity (Tax); Harry Hudesman and Nicolas Deguines (ECEB); Ron Ben-Yehuda, Alexander Franchilli, Christine Song and Alexander Kokka (Intellectual Property/Privacy); Dennis Loiacono (Real Estate); and Toby Chun and Noreen Lavan (Environmental).