TenCate Grass Acquires Majority Stake in The LandTek Group
July 15, 2024
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.
- Buyers
- TenCate Grass
- Targets
- The LandTek Group
- Sellers
- Founders and management team of The LandTek Group
- Industry
- Construction
- Location
- New York, United States
- Transaction Type
- Buyout
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