Alston & Bird client Clearview Capital, through an investment by Clearview Capital Fund III LP, has taken a majority interest in synthetic turf maker Controlled Products, LLC. The transaction closed March 22, 2016.
Headquartered in Dalton, GA, Controlled Products manufactures and distributes premium quality synthetic turf for sports, training, landscape and leisure and specialty applications. Its products are sold under highly recognizable brand names including SporTurf™, GrassTex™ and Synthetic Turf International™.
Since its inception in 1999, Clearview Capital has invested in almost 100 companies in a wide range of industries, including health care services and products, manufacturing and business services. Based in Old Greenwich, CT, the firm typically invests in lower middle-market companies with earnings between $3 million and $15 million.
Advising Clearview Capital was an Alston & Bird team led by partner Sarah Ernst, senior associate Rebecca Valentino and associate Brittany Raway (Corporate & Business Transactions); counsel Leah Singleton (Employee Benefits & Executive Compensation); partner Jonathan Wells (Environment, Land Use & Natural Resources); partner Kevin Gooch and associate Alex Clamon (Finance); partner Brett Coburn and senior associate Isabella Lee (Labor & Employment); partner Jason Cooper and associate Dan O’Connor (Patent Prosecution, Counseling & Review).