Ares Commercial Finance provided a cross-border, $40 million senior secured credit facility to PlayMonster LLC.  The credit facility consists of an asset based revolving line of credit secured by assets in both the US and UK. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing working capital to support growth.

PlayMonster, a leading international toy and game company, believes in the power of play to make a positive difference in people’s lives and strives to keep play alive for all ages by delivering great play value through designing, manufacturing and marketing innovative and fun toys, games and activities. PlayMonster’s diversified portfolio includes popular brands and products such as “TOTY Game of the Year” Yeti in My Spaghetti®, plus THINGS…®, 5 Second Rule®, Relative Insanity®, Farkle, Five Crowns®, Spirograph®, Colorforms, My Fairy Garden®, Fashion Plates®, Latchkits®, Snap Ships®, Koosh® and the recently acquired Ann Williams Group including Loopdedoo®, Craft-tastic®, Craft Crush™ and Sticker & Chill™. For more information about PlayMonster, visit www.playmonster.com.