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

        Edison Jumpstart

        Edison Jumpstart grants offer early stage startups an office space entry point

        By Tommy Felts | December 19, 2018

        A new grants program will give entrepreneurs the opportunity to “try it before you buy it” — removing a barrier to entry for young startups looking for high-end office space, said Matt Druten, announcing the Edison Jumpstart Program. “We’ve always said [Edison Spaces’ flexible office setup] was built by entrepreneurs for entrepreneurs,” said Druten, CEO…

        Dale Hazlett, chief financial officer and principal, DEG; Neal Sharma, chief executive and principal, DEG; Jean Lin, Isobar Global CEO; Deb Boyda, Isobar U.S. CEO; and Jeff Eden, chief revenue officer and principal, DEG

        WSJ report: Overland Park-based DEG posts $150M exit in deal with Japanese ad behemoth

        By Tommy Felts | December 18, 2018

        Top-tier Kansas City digital agency DEG will provide a global advertising giant with an opening into the U.S. market, as well as push the locally-headquartered firm’s reach international, the companies said Tuesday. Dentsu Aegis Network announced the acquisition of Digital Evolution Group (DEG) as part of an effort to transform its existing creative hub, Isobar.…

        Katie Kimbrell, STARTLAND

        KCultivator Q&A: Katie Kimbrell pushes reimagined education, equality for women

        By Tommy Felts | December 18, 2018

        Editor’s note: KCultivators is a lighthearted profile series to highlight people who are meaningfully enriching Kansas City’s entrepreneurial ecosystem. The KCultivator Series is sponsored by WeWork Corrigan Station, a modern twist on Kansas City office space. MECA Challenge and Startland News are both programs of the Kansas City Startup Foundation, though the content below was produced…

        Christine and Jon Clutton, Wild Way

        Wild Way mobile coffee shop makes camp for winter in Crossroads warehouse

        By Tommy Felts | December 18, 2018

        Winter weather has proven a little too wild for Christine Clutton’s coffee camper, the Wild Way founder said, revealing an indoor, seasonal home for the mobile coffee shop. “We are in a warehouse, but operate in a camper still,” she said of the Wild Way Winter Warehouse space at 708 E. 19th St. “We just…