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Bruin Capital Becomes Majority Shareholder of PlayGreen

The company owns Stadium Grow Lighting and ALVA Technoloogy and their subsidiaries, which combine to form a larger natural turf management company.

Crescent Capital Group LP: Crescent European Specialty Lending Announces Financing for the Acquisition of PlayGreen by Bruin Capital

Crescent Capital Group LP: Crescent European Specialty Lending Announces Financing for the Acquisition of PlayGreen by Bruin Capital
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Crescent European Specialty Lending Announces Financing for the Acquisition of PlayGreen by Bruin Capital

LONDON & LOS ANGELES, May 02, 2024 Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support the acquisition of PlayGreen B.V., a Netherlands-based holding company whose subsidiaries form one of the world’s leading natural turf management companies, by U.S.-based private equity firm Bruin Capital.

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