Family-owned US Toy sells to Chicago-based novelty retailer; new owner pledges continued innovation

October 4, 2024  |  Startland News Staff

A selection of seasonal novelties from US Toy; photo courtesy of US Toy

The strategic acquisition of a 70-year-old Grandview company that has become a household name for its novelty toys is expected to fuel its new owner’s ability to meet the evolving needs of modern-day customers.

Chicago-based Windy City Novelties, Inc. announced the deal with US Toy this week, though financial details were not disclosed. Founded in 1953, US Toy is a family-owned business known for its wide range of bulk, seasonal assortment, impulse and specialty toys, as well as party favors.

The business operated on Troost Avenue before moving its retail space to State Line Road for more than 40 years, then relocating in 2019 to a shopping center at 119th Street and Metcalf Avenue in Overland Park. That store closed in 2022, followed by a new venture in 2023 — a retail space paired with a Pump It Up children’s party place franchise owned by Seth Freiden, US Toy’s then-CEO and third-generation co-owner — on 135th Street in south Johnson County.

The US Toy gift shop storefront at 8510 W. 135th St. is expected to continue “with some tweaks,” Freiden told Startland News, noting Pump IT Up’s operations will move forward without interruption.

“I’ve been a fan of US Toy and what their family has built for years now,” said Jeffrey Schrimmer, second-generation president of Windy City Novelties. “The acquisition of US Toy aligns perfectly with our mission to provide fun and innovative products that bring joy to every celebration.” 

This acquisition strengthens Windy City Novelties’ position as a key player in the party and novelty sector, expanding its product offerings and customer base while providing the US Toy family with a continued strong foundation focused on growth and customer excitement, the companies said in a press release.

For decades, US Toy/Constructive Playthings operated in two distinct industries: novelty/party and early childhood education. While the US Toy brand is being acquired by Windy City, its pre-existing, third-generation family ownership will continue managing and operating the independent Constructive Playthings brand.

“Ultimately, this US Toy transaction was about setting that brand up for success well into the future, and refocusing our team back onto the Constructive Playthings brand,” Freiden said.

RELATED: CEO says selling US Toy allows family owners to refocus on innovative early childhood learning tools

The US Toy Commercial division will continue to be led by Jack Rollin and Don Dewitt, while company veterans Doug Bordegon, Bill Bordegon, and Jeff Bunkowske are expected to remain in charge of the Specialty Toy Division.

“I am never a fan of change but this one seems to be a no-brainer,” said Bunkowske. “The Windy City team and assortment will only add to the already amazing things we have done here and continue to allow us to grow in the market and offer even better service for our customers.”

Buoyed by the combined forces of the two brands, Windy City Novelties is poised for significant growth, Schrimmer said, noting the acquisition is expected to open up new opportunities in both the retail and online marketplaces.

And by maintaining the independent nature of each division, both will benefit from the combined scale of the new company, he added.

Doug Bordegon, who along with his father, Bill, helped launch the Specialty Toy Division in 2019, reflected on LinkedIn this week about the “unbelievable reality show-like experience” that came with building the business.

“With this transition to Windy City, our objectives don’t change, but our ability to achieve them improves substantially,” Bordegon said in the post.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , , ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        autism behavioral therapy Pathfinder Health Services

        Behavioral health startup announces acquisition, name change

        By Tommy Felts | March 1, 2016

        Behavioral health tech firm ABPathfinder is blazing a new path thanks to a recent acquisition. In addition to a name change, the Overland Park-based firm announced Thursday that it purchased Phoenix-based Ensure Billing to beef up the company’s services. The new entity has rebranded to become Pathfinder Health Innovations. Acquiring an insurance billing company allows…

        New $20M fund supercharges VC dollars in Kansas City

        By Tommy Felts | February 29, 2016

        In conjunction with a metro-wide effort to boost the area economy, Kansas City will soon have a new co-investment fund that aims to accelerate early-stage businesses. As part of the KC Rising economic initiative, the “KC Rise Fund” hopes to improve a common gripe in Kansas City’s entrepreneurial community that there’s not enough capital to…

        Kansas City is named No. 2 locale for women in technology

        Kansas City again named top tech locale for ladies

        By Tommy Felts | February 29, 2016

        Kansas City received more kudos for gender equality, this time for being a top spot for women in tech. A study released Wednesday puts Kansas City in second place among the nation’s 58 most-populated cities. The news arrives on the heels of Kansas City being named as a top-10 U.S city for women-owned businesses. SmartAsset…

        Pinsight Media wants to build your startup’s app for free

        By Tommy Felts | February 25, 2016

        A new program at one of Kansas City top mobile tech firms plans to build dozens of mobile apps for as many as 70 startups around the nation. Kansas City-based Pinsight Media+ recently launched its “Rollout” program, which will develop a firm’s Android or iOS app — for free — with the intention of it…