SMG is a leading supplier of machines for synthetic sports surfaces that offers unique solutions for track, turf, and hybrid surfaces. SMG provides machinery to automate the complete lifecycle of sports surfaces, offering installation, maintenance, and reclamation machinery. While SMG markets its products around the globe, equipment is manufactured in its German headquarters in Vöhringen.
The objective of the partnership is to support SMG’s growth ambitions with capital and expertise. SMG plans to further expand its geographical footprint as well as accessing new customer segments with new innovative equipment for artifiial and hybrid sports surfaces.
Gimv is a European investment company, listed on Euronext Brussels and a member of the Euronext BEL ESG Index. With over 40 years’ experience in private equity, Gimv currently has a portfolio of more than EUR 1.5 billion containing around 60 portfolio companies, with combined turnover of EUR 4.0 billion and more than 20,000 employees.
CODEX Partners provided the Commercial Due Diligence of SMG Sportplatzmaschinenbau for Gimv.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, on strategy development and transformation of portfolio companies as well as on the development of industry platforms. Investors benefit from our experience from about 700 projects.