Milbank, Tweed, Hadley & McCloy LLP has advised the private equity investor Terra Firma Capital Partners on its financing facility for SportGroup, a global leader in the manufacture of artificial turf systems and synthetic floor coverings. SportGroup is owned by private equity house Equistone Partners Europe. The new financing facilities are structured as an alternative to an equity co-investment and will support SportGroup’s growth plans.

A Milbank team led by partner Thomas Ingenhoven advised Terra Firma on the financing transaction.

Advisor to Terra Firma Capital Partners: Milbank, Tweed, Hadley & McCloy LLP

Thomas Ingenhoven (lead, Finance, Frankfurt), Thomas Kleinheisterkamp (Tax, Munich), Alexander Klein, Gerrit Merkel (Finance, Frankfurt), Corinna Knollmüller (Tax, Munich)