Solmax Acquires TenCate Geosynthetics from Koninklijke Ten Cate

Crestview Partners Acquires TenCate Grass Holding B.V.

September 14, 2021

Manufacturing

Crestview Partners has completed the acquisition of TenCate Grass Holding B.V. from Royal TenCate, a business previously owned by a consortium led by Gilde Buy Out Partners. Headquartered in Nijverdal, the Netherlands, TenCate Grass is a vertically integrated global manufacturer, distributor and installer of artificial turf solutions with roughly $600 million in annual revenues; Crestview will partner with the existing management team to pursue organic growth and M&A expansion.

Solmax Acquires Propex

December 3, 2021

Building Products

Solmax has completed the acquisition of Propex, a North American geosynthetics manufacturer, strengthening Solmax's product portfolio and manufacturing capacity in non-woven geotextiles and erosion-control solutions. The deal expands Solmax's presence in environmental and civil-infrastructure markets and adds Propex's Ringgold, Georgia manufacturing capability and on-site testing facilities to Solmax's global footprint.

Leonard Green & Partners Acquires Majority Stake in TenCate Grass

December 22, 2023

Manufacturing

Affiliates of Leonard Green & Partners (LGP) will acquire a majority stake in TenCate Grass Holding B.V., purchasing shares from Crestview Partners and select other shareholders. TenCate's senior management will remain invested and continue to lead the company; the transaction advances LGP's entry into the sports and outdoor living surfaces market and is expected to close in February 2024 (terms undisclosed).

TenCate Grass Acquires Majority Stake in The LandTek Group

July 15, 2024

Construction

TenCate Grass has acquired a majority stake in The LandTek Group, a Bay Shore, New York-based provider of athletic field engineering, construction, project management and maintenance services across the U.S. East Coast. The LandTek founders and management will remain substantial shareholders and continue to lead the company as TenCate looks to expand its East Coast footprint and combine LandTek's service capabilities with TenCate's product portfolio and U.S. supply chain.

TenCate Grass Acquires Sports & Leisure Group from Sun European Affiliate

June 5, 2025

Manufacturing

TenCate Grass Holding B.V. has acquired Sports & Leisure Group (SLG), a vertically integrated artificial turf systems manufacturer headquartered in Sint‑Niklaas, Belgium. The shares were sold by an affiliate of Sun European Partners; former SLG shareholders, including the Sun European affiliate, will reinvest part of the sale proceeds into TenCate. The deal expands TenCate's geographic footprint and Outdoor Living portfolio across Europe, the Middle East, Africa, Southeast Asia and South America.

Tnemec Company Acquires Assets of Textured Coatings of America (Tex•Cote)

October 24, 2019

Building Products

Tnemec Company, Inc., a manufacturer of architectural and industrial protective coatings, has purchased the assets of Textured Coatings of America, Inc. (Tex•Cote). Tnemec said it will provide operational and managerial support to grow Tex•Cote's product lines and expand within its existing commercial, residential and DOT markets.