Great Rock Capital provided $50 million in debtor-in-possession (“DIP”) financing to Basic Fun!, an industry leader in the design, development, and marketing of branded toys and imaginative play products to the retail and family entertainment channels. Popular products include such iconic brands as Care Bears, Tonka Trucks, and K’NEX. The new money DIP facility will provide the company with ample liquidity to support their ongoing business operations, as they restructure the company’s balance sheet to support future growth.

“We are thrilled to have the backing of Great Rock Capital, which strongly positions Basic Fun! for continued advancement and innovation,” said Jay Foreman, founder and CEO of Basic Fun!. “This milestone is a testament to our resilience and strategic vision.”

“Basic Fun! is an international industry leader, and we look forward to working with the company as they simplify their capital structure, enabling them to aggressively pursue future growth opportunities,” said Stuart Armstrong, CEO of Great Rock Capital. “Their innovative designs and unmatched leadership, along with this new capital, will allow them to reach new levels of success.”

Oppenheimer & Co. Inc. served as the exclusive financial advisor for the transaction.