Chattanooga, TN – September, 29, 2014 - PlayCore Holdings, Inc. (PlayCore), a leading designer, manufacturer, and marketer of a broad range of play and recreation products and services, and a portfolio company of Sentinel Capital Partners, today announced the acquisition of Fountain People, Inc. and its aquatic playground division Water Odyssey.
Fountain People, founded in 1987, is a leading designer, manufacturer, and supplier of architectural and interactive fountain equipment and systems. Their Water Odyssey Division was established in 1996 to provide the market with the highest quality aquatic playground equipment available. Fountain People and Water Odyssey will become a part of PlayCore’s Aquatics Group. Day-to-day operations will continue from Fountain People’s office and manufacturing facility in San Marcos, TX. It will continue to be managed by current President Jerry Elbel, and will be supported by the Aquatics Group management team located in Loveland, CO.
"We are excited about the addition of Fountain People and Water Odyssey to the family of PlayCore brands as well as the opportunity to increase our product offering architectural aesthetic fountain solutions to commercial, recreation, and themed entertainment environments. The company aligns greatly with PlayCore’s mission and values based culture. This expansion of our commitment to the aquatics industry is an important new opportunity for PlayCore and supports our mission of building communities through play and recreation," said Bob Farnsworth, President and CEO of PlayCore.
Jerry Elbel commented, "We are extremely excited to become a part of the PlayCore family. PlayCore’s commitment to quality, innovation, and excellence blends seamlessly with the core values that Fountain People and Water Odyssey were built on. We look forward to expanding their industry leading product lines as well as our capabilities in support of our distribution channels."
About PlayCore
PlayCore helps build stronger communities around the world by advancing play through research, education, and partnerships. The company infuses this learning into its complete family of brands. PlayCore combines best-in-class planning and education programs with the most comprehensive array of recreation products available to create play solutions that match the unique needs of each community they serve. Learn more at www.playcore.com.
About Fountain People
Fountain People, Inc. was founded in early 1987 with the goal of providing a complete package of products and services previously unavailable from a single source. Bringing over 60 years of collective experience, the principals of the firm developed the Total Services Approach to water feature design. Today the company is located in San Marcos, Texas and is a leading designer and manufacturer of architectural and interactive fountain equipment and systems. Learn more at www.fountainpeople.com.
About Water Odyssey
Water Odyssey, by Fountain People, was established in 1996 with the goal of providing unique and leading edge aquatic playground equipment to the industry. With its strong base in water effects design, Water Odyssey is a leader in innovation, providing a full line of design services and a unique product offering. Learn more at www.waterodyssey.com.
