Announced
Completed
Financials
Tags
Private Equity
sporting equipment
turf systems
Private
Majority
Recreational Products
Friendly
Belgium
Acquisition
Single Bidder
Cross Border
Completed
Synopsis
Sun European Partners, a private investment firm, completed the acquisition of Sports & Leisure, an artificial turf systems provider covering a broad range of end-markets, countries, products and services, from Chequers Capital, a private equity firm, for $354m. "We are thrilled to have reached an agreement to acquire a company such as Sports & Leisure Group, a leading player, with an outstanding management team, operating in a very exciting and rapidly growing market. We think there are fantastic opportunities to further grow SLG both organically, building on the strong brands, as well as through selective acquisitions across geographies, building on their past acquisitions such as Limonta Sport, which we can now help further integrate," Mark Corbidge, Sun European Partners Managing Director.
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