A Chattanooga firm was an adviser in the sale of a company that will help grow an artificial grass business with major operations in Dalton, Georgia, and Dayton, Tennessee.
FourBridges Capital Advisors advised Midwest Sport and Turf Systems in its acquisition by TenCate Grass, according to the firm.
Founded in 2013 by Jody Factor, Illinois-based Midwest Sport is a provider and constructor of synthetic turf systems for schools, universities, municipalities and other customers throughout the Midwest, according to FourBridges.
Factor said the transaction will provide an opportunity for the company and its employees to succeed in a competitive industry.
“We are excited about working with TenCate Grass in the U.S. and beyond,” Factor said in a statement.