
NORWALK, Conn., Feb. 4, 2025 /PRNewswire/ -- Heartwood Partners is pleased to announce that its investment portfolio company, Super-Sod, a leader in premium sod and turfgrass products, has acquired Tri-Tex Grass ("Tri-Tex"). This acquisition expands Super-Sod's Southeastern market reach into Texas.
Headquartered in Granbury, Texas and founded in 2004, Tri-Tex is a leading producer and supplier of turfgrass that operates five farms spanning approximately 1,500 acres, along with five retail stores located in the Dallas-Fort Worth area. The company offers an extensive range of premium sod varieties, including TifTuf® Bermuda, Zeon® Zoysia, and Certified Tifway 419, that align with Super-Sod's existing offerings in the Southeast U.S. These premium products are delivered to customers in north and central Texas, including landscapers, residential homeowners, sports venues, golf courses, and municipalities.
"We are thrilled to be expanding into Texas and collaborating with the outstanding team that Tri-Tex has built," said Super-Sod CEO Ben Copeland, Jr. "We are confident this partnership will enhance our ability to deliver best-in-class turfgrass solutions to customers throughout the Southern U.S."
"We are excited with this strategic add-on acquisition and Super-Sod's potential in this fast-growing market," said James Sidwa, Managing Partner, Heartwood Partners. "Super-Sod continues to solidify itself as an industry-leading provider of high-quality turfgrass products, and this acquisition represents a key milestone in its strategic geographic expansion efforts across the southern U.S."
Heartwood Partners: Heartwood Partners, a middle market private equity firm founded in 1982, is differentiated by a unique lower-leverage, current cash yield approach designed to create partnership with continuing management. Our approach combines a conservative capital structure with strategic execution to support long-term growth, including organic and acquisition-driven expansion into new products, services, and end markets. In addition, we support each management team with our in-house Value Creation team who provide deep, subject-matter experience in strategic areas such as eCommerce and digital marketing, human capital and organizational design, IT improvement, and acquisition integration. We currently manage over $1.4 billion (as of 12/31/23) in investments and commitments, and our principals have invested in more than 100 platform and add-on acquisitions. Heartwood is currently investing from Heartwood Partners IV, LP, and is focused on founder, family and management-held businesses serving the food, agriculture, specialty chemicals, niche manufacturing, packaging, and industrial & consumer services markets.
For additional information about Heartwood, please visit www.heartwoodpartners.com.
CONTACT: |
Name: Michelle Ryan |
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Phone: 203-945-0432 |
SOURCE Heartwood Partners
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