We are delighted to have advised the shareholders of Play Revolution Limited on the sale of a majority stake in the business to the Foresight Group, supporting the next phase of growth for the company.

Foresight will invest additional growth capital to help take the business to the next level, including expanding capacity at its Wrexham base, driving product innovation, and supporting expansion into new markets.

Play Revolution is a leading designer and manufacturer of indoor play equipment, while its sister brand, TAG Active, has developed an innovative, technology driven arena system that brings together fitness, gaming and entertainment. Investment from Foresight will support both brands in achieving their long term growth ambitions.

The transaction was led by Tom Parry and Elise McAuliffe from the Corporate Finance team at bk plus, with tax advice provided by Jeni Bramley and Tom Rees, VAT from Steve Chamberlain and accounts support from David Ross, Keith Salt and Toby Smith.

Commenting on the transaction, Gwyn Jones, Managing Director of Play Revolution, said:
“Tom and the team at bk plus have been fantastic from start to finish. Their commercial understanding, attention to detail, and ability to coordinate across different areas of advice made the process smooth and professional. We’re delighted with the outcome and excited for the next chapter with Foresight.”

Tom Parry, Corporate Finance Partner at bk plus, added:
“This was a real team effort across bk plus, and I’d like to thank everyone involved. I’m really pleased to have helped secure the future of the business and to have supported Gwyn and his team in finding a partner who shares their vision for long term growth.”

Clare Lang, Sophie Thornton and Kiran Kaur of MFG Solicitors acted as legal advisors