KPS Capital Partners to Acquire Sport Group KPS Capital Partners, LP has successfully acquired Sport Group, a leading manufacturer of artificial turf systems and synthetic floor coverings for the sports and leisure industry. The acquisition involved purchasing all shares previously held by Equistone Partners Europe and other shareholders. Sport Group, founded in 1969, generates an annual turnover exceeding 500 million Euros and operates globally with 19 subsidiaries and over 1,900 employees. The company has production facilities in Europe, North America and the Asia-Pacific region. NEUWERK, in collaboration with Kirkland & Ellis London, provided legal counsel to KPS and was responsible for all German law aspects of the deal. The financial terms of the transaction remain confidential pending regulatory approval. Latham & Watkins advised Equistone Partners Europe as they exited from their stake in Sport Group. www.neuwerk.legal ABOUT THE DEAL 64 LAWYER MONTHLY JUNE 2024
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