Lloyds Business Brokers has successfully sold Megatoy Play Systems Pty Ltd, Australia's leading manufacturer of children's playground equipment to Kompan, a Legoâ„¢ company owned by Nordic Capital and headquartered in Denmark.
The sale was negotiated at an outstanding P/E ratio of 7 x EBITDA, a great result by the Lloyds team. The successful bidder was located using Lloyds' International Target Marketing.
About Megatoy
Megatoy Play Systems Pty Ltd is one of Australia's foremost providers of children's outdoor play equipment. Its products are proudly designed and manufactured in Australia, made of superior quality materials to suit outdoor applications and environments, and distributed nationally and internationally.
The Megatoy team is committed to improving products and designs, and ensuring compliance with Australian standards and strict guidelines. The team is focused on providing the best play experience for kids of all abilities and ages.
About Kompan
In Danish, Kompan (pronounced kumpan) means friend or companion.
In 1970, Kompan founder Tom Lindhardt Wils witnessed an event that made him change the world of children's play forever. One of his big bright sculptures was installed in a new housing estate, intended as art for adults to view. However it inspired children to play on the sculpture and, from then, Tom devoted his life to developing inspiring, fun playgrounds and exercise solutions for children.
Today, Kompan provides varied outdoor playgrounds and structures for children to play on and learn from. The products facilitate happier, healthier children by keeping them physically active, enabling them to learn and play together in safe social settings. Products include:
Balancing and movement (seesaws, bridges, bars, balance beams)
Cableways (flying foxes, swing cables)
Climbing structures (nets, arcs, cubby playhouses)
Slides (stainless steel, embankment, plastic)
Swings (nest, seat swings)
Spinners (carousels, spinner bowls).
The synergies between Megatoy and Kompan led to a successful and lucrative sale.
Lloyds Brokers team in Brisbane championed the sale.