Sports Construction Industry Overview
The sports construction industry includes businesses involved in the design, installation, repair, and maintenance of synthetic turf fields, sport courts, and running tracks. In 2024, the global sports construction industry generated $4.2 billion of revenue, reflecting a 1.7% rebound following a period of suppressed capital investment due to rising interest rates and supply chain disruptions.
Industry Key Trends
As macroeconomic conditions continue to improve, the sports construction industry is expected to continue its recovery, with revenue projected to grow at a CAGR of 2.0% over the next five years, reaching $4.6 billion by 2029.
Key growth drivers include:
- Increased funding for school systems,municipalities, and sports organizations
- The rising popularity of sports like pickleball, particularly among youth
- Continued adoption of synthetic turf as a climate-resilient alternative to natural grass across all field sports
- The need to replace deteriorating sports infrastructure due to deferred maintenance and replacement over the last several years
- Continued advancements in artificial turf, court, and track surfacing technologies
Sources: IBIS World, Capital IQ, FRED
Number of Active Businesses
BY GEOGRAPHY
Revenue
BY SERVICES
Sources: IBIS World, Capital IQ, FRED
U.S. Population and Construction Spending
U.S. Sports Construction Market Size
Sources: IBIS World, Capital IQ, FRED
Key Players Leading Consolidation
Industry Consolidation
Larger firms in the sports construction industry are strengthening their market positions through acquisitionsof smaller competitors, driving consolidation that enhances economies of scale, streamlines operations, and improves efficiency.
Additionally, the industry is also seeing a surge in vertical integration as industry participants work to ensure seamless execution from production of raw materials to field/court/track completion. This is driving an increase in profitability while reducing dependency on external partners. Some specific examples of firms integrating across multiple stages of the value chain include:
- Artificial turf, court, and track materials manufacturers expanding into downstream services like installation, repair, and maintenance
- Design-build general contractors bringing specialty services in-house, such as excavation and grading, concrete installation, etc.
| Date | Target | Acquirer | Location |
| Feb-25 | GA Sports Construction | Sport Group / AstroTurf | AZ |
| Jan-25 | KMI Sports Construction | Sundance Partners | TX |
| Jan-25 | Atlantic Sports Group | Sport Group / AstroTurf | MA |
| Dec-24 | Coast To Coast Turf | Sport Group / AstroTurf | WA |
| Jul-24 | Byrom-Davey | TenCate | CA |
| Jul-24 | The LandTek Group | TenCate | NY |
| Jul-24 | Tri Scapes | Hidden Harbor Capital Partners | GA |
| May-24 | Sunbelt Asphalt Surfaces | Construction Partners | GA |
| Apr-24 | Sport Group / AstroTurf | KPS Capital Partners | Germany |
| Apr-24 | Midwest Sport and Turf Systems | TenCate | IL |
| Dec-23 | TenCate | Leonard Green & Partners | Netherlands |
Transaction Spotlight
Cascade Partners served as the exclusive financial advisor to GA Sports Construction in its sale to AstroTurf, a portfolio company of KPS Capital Partners.
Contact us to learn more about the recent trends and developments in the sports construction market.