Crestview Partners Acquires TenCate Grass Holding B.V.
September 14, 2021
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.
- Buyers
- Crestview Partners
- Targets
- TenCate Grass Holding B.V.
- Sellers
- Royal TenCate, Gilde Buy Out Partners
- Industry
- Manufacturing
- Location
- Overijssel, Netherlands
- Transaction Type
- Buyout
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