Sentinel Capital Partners, a private equity firm that invests in mid-market companies, has acquired Controlled Products, a manufacturer and distributor of premium synthetic turf products for landscape, sports, commercial and specialty applications. Terms of the deal were not disclosed.
Headquartered in Dalton, Georgia, Controlled Products develops and distributes a variety of premium synthetic turf solutions through a network of dealers and customers across an international network and to its company-owned and franchised Purchase Green® stores. Controlled Products serves a diverse group of residential, commercial, and field customers with leading name brands including GrassTex™, SporTurf™, and Synthetic Turf International™, as well as private label products.
“With its talented management team, exceptional product quality, and best-in-class marketing capabilities, Controlled Products is well-positioned to capitalise on the strong secular trends in the synthetic turf industry,” says Eric Bommer, a Sentinel partner. “We are excited to partner with the Controlled Products team to continue driving acquisitive and organic growth.”
“This is an exciting time for our company as we look to expand upon our proven success and bring our industry-leading turf solutions to new markets and customers,” says Controlled Products President and CEO, Scott Lowrie. “Sentinel is the perfect partner to help us achieve our goals.”