Private equity firm Geneva Glen Capital has recapitalized Playtime LLC, a company that makes playground equipment for children.

Monroe Capital LLC funded a unitranche credit facility and made an equity co-investment for the transaction.

Playtime designs, manufactures and installs custom play areas for shopping centers, restaurants, airports, stadiums, childcare centers, healthcare centers, fitness centers and other places.

Geneva is a Chicago-based firm that focuses on the lower-middle market. 

Restructuring