Sentinel Capital Partners acquires controlled products
Main supplier of synthetic turf is Sentinel’s latest manufacturing investment
Posted: October 26, 2021 at 7:30 a.m. EDT|Update: 1 hour ago
NEW YORK, October 26, 2021 / PRNewswire / – Sentinel Capital Partners, a private equity firm investing in promising mid-size companies, today announced its acquisition of Controlled Products, a leading manufacturer and marketer of top synthetic turf products range for landscaping, sports, commercial and specialized applications. . Terms of the contract are not disclosed.
Based at Dalton, Georgia, Controlled Products develops and distributes a variety of premium synthetic turf solutions through a network of dealers and customers through an international network and through its owned and franchised Purchase GreenÂ® stores. Controlled Products serves a diverse group of residential, commercial and field customers with renowned brands such as GrassTex â¢, SporTurf â¢ and Synthetic Turf International â¢, as well as private label products.
âWith its talented management team, exceptional product quality and world-class marketing capabilities, Controlled Products is well positioned to capitalize on strong secular trends in the synthetic turf industry,â said Eric Bommer, a Sentinel partner. âWe are delighted to partner with the Controlled Products team to continue driving growth through acquisition and organic. “
âThis is an exciting time for our company as we seek to expand our proven success and bring our leading turf solutions to new markets and customers,â said President and CEO of Controlled Products. Scott Lowrie. “Sentinel is the perfect partner to help us achieve our goals.”
Sentinel has significant prior investment experience in niche manufacturing and distribution companies, including PlayCore (games, parks and leisure products), Hunting doors (specialized doors), Chromalox (precision heating technology), Colson (casters and wheels), ECM Industries (electrical products), International engineering controls (pressure regulators and valves), LTI Boyd (rubber and plastic sealing systems), RotoMetrics (precision rotary tooling), and SONNY companies (car wash systems).
About Sentinel Capital Partners
Sentinel specializes in the purchase and creation of mid-sized businesses in United States and Canada in partnership with management. Sentinel targets aerospace and defense, business services, consumer, distribution, food and catering, franchising, healthcare and industrial companies. Sentinel invests in business buyouts, recapitalizations, business disposals, going-private transactions and equity-structured investments of established companies with EBITDA of up to $ 80 million. Sentinel also invests in specific situations, including balance sheet restructurings, operational turnarounds and minority junior capital solutions. For more information on Sentinel, visit www.sentinelpartners.com.
About controlled products
Controlled Products is a leading manufacturer and distributor of premium synthetic turf solutions. Its products are sold through an international network of resellers and customers, as well as through its own-owned and franchised Purchase GreenÂ® stores. Controlled Products serves a diverse group of residential, commercial and field customers with renowned brands such as GrassTex â¢, SporTurf â¢ and Synthetic Turf International â¢, in addition to a wide range of private label products. For more information, please visit www.CPTurf.com.
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SOURCE Sentinel Capital Partners
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