Controlled Products Acquires Majority Stake in Purchase Green
December 10, 2019
Controlled Products, a Clearview Capital‑backed manufacturer and distributor of synthetic turf, has acquired a majority stake in Purchase Green (including Path to Prosperity, LLC). The transaction closed in November 2019 and included a significant reinvestment by Purchase Green's management, which will remain in place to run the business; the deal expands Controlled Products' distribution footprint and product offerings across North America.
- Buyers
- Controlled Products, LLC, Clearview Capital (Fund III)
- Targets
- Purchase Green, LLC, Path to Prosperity, LLC
- Platforms
- Controlled Products, LLC
- Industry
- Building Products
- Location
- California, United States
- Transaction Type
- Addon
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