NEUWERK advises KPS Capital Partners on the acquisition of Sport Group

09 April 2024

Hamburg, 9 April 2024 – NEUWERK has advised private equity investor KPS Capital Partners, LP, on the acquisition of all shares in Sport Group, a manufacturer of artificial turf systems and synthetic floor coverings in the sports and leisure sector, from Equistone Partners Europe and other shareholders. NEUWERK advised on the transaction together with Kirkland & Ellis London and was responsible for all German law aspects of the deal. The parties have agreed not to disclose the financial details of the transaction, which is subject to regulatory approvals.

The NEUWERK team was led by IP/IT partner Börge Seeger and Corporate/M&A partner Kirsten Seeger, IP/IT senior associate Daniel Schuppmann, and Corporate/M&A associates Malin Hüttmann and Christin Müller. Advice was also provided on employment law matters by partners Sebastian Naber and Willem Niemeyer, on real estate matters by partners Claudia Jehle and Annette Heinz, with associate Marie Willée, and on compliance matters by partner Matthias Peukert. German tax advice was provided by Ulrich Wilke of WIESE LUKAS.

About Sport Group

Sport Group was founded in 1969 and is one of the world's leading suppliers of artificial turf systems and synthetic floor coverings in the sports and leisure sector with an annual turnover of over 500 million Euros. The company has production facilities in Europe, North America and the Asia-Pacific region. The group currently unites 19 subsidiaries under one roof and employs more than 1,900 people worldwide.