TenCate Grass Acquires Majority Stake in The LandTek Group

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 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.

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.

The LandTek Group Acquires Carlson Fence

April 25, 2022

Construction

The LandTek Group, a Bay Shore, New York-based general contractor specializing in athletic fields and facilities, acquired Miami-headquartered Carlson Fence for $10 million. Carlson Fence (55 employees) will operate as LTG Carlson Fence and expand The LandTek Group's fencing and contracting capabilities across Florida and the U.S. East Coast.

TenCate Grass Acquires Midwest Sport and Turf Systems

April 8, 2024

Manufacturing

TenCate Grass has acquired Midwest Sport and Turf Systems (MWSTS), a Plainfield, Illinois-based provider of synthetic turf sales, design-build installation, maintenance and repair. The acquisition expands TenCate's U.S. installation and service capabilities and strengthens its Midwest presence; MWSTS founder Jody Factor will remain with the company following the transaction.

TenCate Grass Acquires Majority Stake in Byrom-Davey, Inc.

July 15, 2024

Construction

TenCate Grass has acquired a majority stake in Byrom-Davey, Inc., a San Diego-based sports facility design and construction firm that has built over 600 athletic facilities in Southern California. Byrom-Davey’s management team, including founder and CEO Steve Davey, will remain in place as TenCate looks to expand its geographic footprint in the U.S.