Crestview Partners completed the acquisition of TenCate Grass from TenCate.

Crestview Partners, a private equity firm, completed the acquisition of TenCate Grass, a provider of synthetic turf systems for sports and landscaping, from TenCate, a provider of textile technology. Financial terms were not disclosed. "The artificial grass market is growing rapidly due to a number of compelling secular trends that Crestview has been investing behind for a number of years. The importance of sports and fitness for consumers is increasing while urbanization is putting a premium on space. We also view artificial grass as part of a broad range of solutions that can help address water scarcity issues around the world. We believe TenCate Grass' best-in-class research and product development and world-class leadership team will allow it to capitalize on these growth opportunities. We look forward to partnering with management and expanding the Company's reach both organically and inorganically," Brian Cassidy, Crestview Co-President and Partner.