M&A Deal Summary

Controlled Products Acquires The Recreational Group

On January 13, 2022, Controlled Products acquired manufacturer The Recreational Group from Eagle Merchant Partners

Acquisition Highlights
  • This is Controlled Products’ 1st transaction in the Manufacturing sector.
  • This is Controlled Products’ 2nd transaction in the United States.
  • This is Controlled Products’ 1st transaction in Georgia.

M&A Deal Summary

Date 2022-01-13
Target The Recreational Group
Sector Manufacturing
Buyer(s) Controlled Products
Sellers(s) Eagle Merchant Partners
Deal Type Secondary Buyout

Target

The Recreational Group

Dalton, Georgia, United States
The Recreational Group is a designer, manufacturer, and installer of premium recreational surfacing products including synthetic turf and recreational tile. The company's vertically integrated manufacturing capabilities include a diversified product and services offering that is supported by a best-in-class customer experience. Recreational Group was founded in 2016 and is based in Dalton, Georgia.

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Buyer(S) 1

Buyer

Controlled Products

Dalton, Georgia, United States

Category Company
Founded 1989
Sector Consumer Products
DESCRIPTION

Controlled Products is a manufacturer and distributor of premium quality synthetic turf for sports, training, landscape, leisure, and specialty applications. Controlled products are sold to a national network of dealers and installers under Controlled Products’ highly recognizable brand names, SporTurf, GrassTex, and Synthetic Turf International. Controlled also delivers a broad array of turf products to original equipment manufacturers and large regional installation companies under private label arrangements. Controlled Products is based in Dalton, Georgia.


DEAL STATS #
Overall 2 of 2
Sector (Manufacturing) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-12 Purchase Green

Concord, California, United States

Purchase Green offers a complete line of residential, commercial, sports turf and pet-friendly applications, as well as putting greens. All products are made with the highest quality yarns and have the most complete backing system available, with options in both latex and polyurethane.

Buy -

Seller(S) 1

SELLER

Eagle Merchant Partners

Atlanta, Georgia, United States

Investor


Category Private Equity Firm
Founded 2013
PE ASSETS 265M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Eagle Merchant Partners focused on investing in US-based middle-market consumer, business services, and industrial companies. The Firm targets companies with revenue between $20 and $200 million and EBITDA between $2 and $20 million. Eagle Merchant Partners is based in Atlanta, Georgia.


DEAL STATS #
Overall 6 of 6
Sector (Manufacturing) 1 of 1
Type (Secondary Buyout) 5 of 5
State (Georgia) 2 of 2
Country (United States) 6 of 6
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Caliber Car Wash

Atlanta, Georgia, United States

Caliber Car Wash is a multi-unit operator and developer of premium, express car washes in the United States. Caliber Car Wash was founded in 2019 and is based in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-18 Enviro-Master Services

Charlotte, North Carolina, United States

Enviro-Master Services provides deep cleaning, sanitation, disinfection, and electrostatic spray services, along with hygienic products such as hand soap, hand sanitizers, and paper products. Enviro-Master Services is based in Charlotte, North Carolina.

Buy -