Controlled Products nets loans backing buyout by Sentinel

Controlled Products, LLC received debt financing backing the acquisition of the company by middle-market private equity firm Sentinel Capital Partners.

Madison Capital Funding was administrative agent and joint lead arranger. NXT Capital was joint lead arranger and joint bookrunner.

Proceeds will help the company "to continue driving acquisitive and organic growth," according to a Oct. 26 company statement about the transaction.

Controlled Products manufactures and distributes synthetic turf products for landscape, sports, commercial and specialty applications.

*Article was amended at 3:40 p.m. ET on Dec. 9, 2021, to add NXT Capital information.