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Latham Advises Equistone and Other Shareholders on Sale of Sport Group

April 9, 2024
German team represents the private equity investor and other shareholders of Sport Group in the transaction.

Latham & Watkins has advised private equity investor Equistone Partners Europe and other shareholders on the sale of their shareholdings in Sport Group, an artificial turf systems and synthetic surfaces company for sports and leisure. The buyer is private equity company KPS Capital Partners, LP. The parties have agreed not to disclose the financial details of the transaction, which is subject to regulatory approvals.

The Latham team was led by Munich partner Burc Hesse with Frankfurt partner Sebastian Pauls and Munich associates Julia Schöfer, Manuel Schmutzler, Julian Glaub, and Corinna Freudenmacher. Advice was also provided on IP matters by Frankfurt partner Susan Kempe-Müller, with associates Daniela Jaeger and Gracia Engwaya; on antitrust matters by partner Max Hauser, with associate Judith Jacob; on regulatory matters by counsel Joachim Grittmann; on data privacy matters by counsel Wolf-Tassilo Böhm, with associate Clemens Ganz; on real estate matters by counsel Sven Nickel, with Hamburg associate Marie-Christine Welp; on finance matters by Frankfurt associates Ralph Draeger and Verena Birke; on tax matters by Munich partner Ulf Kieker, with associate Manuela Minsel; on employment matters by partner Tobias Leder, with associate Martina Hölzer; and on compliance matters by Hamburg counsel Stefan Bartz, with further advice from the Latham & Watkins offices in London, Houston, Boston, and Washington D.C.