Sports & Leisure Group Sells to TenCate Grass
Deal News | Jun 05, 2025 | Sun Capital Europe
An affiliate of Sun European Partners, LLP, a leading private equity firm, has sold Sports & Leisure Group (SLG), a major manufacturer of artificial grass systems, to TenCate Grass. The transaction involves a reinvestment from the former shareholders of SLG, including the Sun European affiliate, into TenCate. The strategic move highlights the evolving dynamics within the artificial grass industry, with both companies poised to leverage each other's strengths in this burgeoning market.
Sectors
- Private Equity
- Manufacturing
- Sports & Leisure
Geography
- Europe – Sun European Partners operates across Europe, highlighting the geographic scope of the transaction.
- United Kingdom – The transaction was announced from London, indicating the relevant local market and operational base.
Industry
- Private Equity – Involves the sale and investment activities managed by Sun European Partners, LLP, a private equity firm.
- Manufacturing – Relates to Sports & Leisure Group, which is engaged in the manufacturing of artificial grass systems.
- Sports & Leisure – Encompasses Sports & Leisure Group as a manufacturer of artificial grass systems for sports surfaces.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sun European Partners, LLP | Selling Company | Company | A leading private equity firm that owned Sports & Leisure Group through an affiliate. |
| Sports & Leisure Group | Target Company | Company | A leading manufacturer of artificial grass systems for sports and residential use. |
| TenCate Grass | Bidding Company | Company | The acquiring entity that purchased Sports & Leisure Group from Sun European Partners. |