Audax Private Equity has acquired PlayMonster, LLC from Topspin Partners. PlayMonster, headquartered in Beloit, Wisconsin, is a designer, manufacturer and marketer of games and toys for children and adults. The company’s brands include Farkle, Stratego, 5 Second Rule and Relative Insanity. PlayMonster products are distributed across the U.S. and U.K.
Geoffrey S. Rehnert of Audax, said they looked forward to working with Bob Wann and the PlayMonster team to continue building through organic growth and additional acquisitions. Bob Wann of PlayMonster said, “We have ambitious plans for PlayMonster, and are continuing on our path to be one of the top and most innovative companies in the toy industry.”
Founded in 1999, Audax has offices in Boston, New York, and San Francisco, Audax Group has over $13 billion in assets under management across its Private Equity, Mezzanine, and Senior Debt businesses.