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Bruin Capital acquires majority stake in PlayGreen

05.01.24

Simpson Thacher advised Bruin Capital in its acquisition of a majority stake in the holding company of PlayGreen, a leading natural turf management company, and its subsidiaries Stadium Grow Lighting B.V. (representing the group’s sales arm) and ALVA B.V. (representing the group’s engineering arm).

Founded in 1997, PlayGreen creates customised solutions for the growth and maintenance of natural grass fields, pitches, golf courses, tennis courts and playing surfaces for more than 600 international sports teams, leagues and governing bodies worldwide. Among its clients are the Dallas Cowboys, Green Bay Packers, Boston Red Sox, Wimbledon, Arsenal, Tottenham Hotspur, Twickenham (Rugby), Bayern Munich, FC Barcelona and LAFC.

The Simpson Thacher team included James R. Howe, Chris Vallance and Rhona Luithle (Corporate); Shahpur K Kabraji, Hannah Ho and Jennifer Falconer Hall (Credit); and Étienne Renaudeau and Henry Llewellyn (Antitrust).