KPS Capital Partners to acquire Sport Group, a global leader in artificial turf and polyurethane sports
Apr 08, 2024•over 1 year ago
Acquiring Company
KPS Capital Partners
Acquired Company
Sport Group
Description
KPS Capital Partners, LP announced the acquisition of Sport Group, adding a significant player in artificial surfaces to its investment portfolio. Sport Group, headquartered in Burgheim, Germany, is known for its innovative and sustainable products, serving diverse markets worldwide. KPS aims to leverage its expertise to further enhance Sport Group's industry leadership and support its growth initiatives.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed