Key Takeaways
- • Vasco Group, backed by private equity firms Monogram Capital and Halmos Capital (acquired April 2025), has acquired Howard B. Jones & Son and Court Surfaces of Florida to expand its sports surfaces platform across the southeastern United States.
- • Howard B. Jones & Son, a 50+ year-old South Carolina-based tennis court specialist, brings expertise in Har-Tru and Hydro Court clay systems, acrylic hard courts, and pickleball/basketball surfaces across multiple southeastern states.
- • Court Surfaces of Florida adds Jacksonville-based operations focused on tennis, pickleball, basketball court construction, resurfacing and repair, plus running track services across the Jacksonville/St. Augustine metropolitan area.
- • Vasco Group operates as a full-service sports surfaces provider with capabilities spanning asphalt and synthetic turf surfacing, track and tennis court installations, maintenance, fencing and lighting for K–12 schools, universities, municipalities, homeowner associations and professional athletic organizations.
- • The acquisitions represent a strategic geographic and service-line expansion for the Ohio-headquartered company (founded 1967), leveraging founder-led businesses with established regional reputations in high-margin court and athletic surface markets.
Summary
Howard B. Jones & Son, founded over 50 years ago and based in South Carolina, specializes in tennis court design, repair and maintenance with particular expertise in clay court systems (Har-Tru and Hydro Court brands), acrylic hard court construction and resurfacing, and emerging surfaces including pickleball and basketball courts. The company operates across multiple southeastern states, positioning Vasco to deepen market penetration in a region with high concentrations of private clubs and educational institutions requiring court maintenance services.
Court Surfaces of Florida, headquartered in Jacksonville, provides new court construction, resurfacing and repair services for tennis, pickleball and basketball facilities, as well as running track installation and repair. The company serves municipalities, K–12 schools and private organizations throughout the Jacksonville/St. Augustine metropolitan area, offering Vasco an established customer base and operational footprint in Florida's growing sports facilities market.
Vasco Group itself, headquartered in Massillon, Ohio and founded in 1967, operates as an integrated sports surfaces contractor with capabilities spanning asphalt and synthetic turf installation, track and tennis court construction, maintenance services and complementary offerings including fencing and lighting. The company maintains American Sports Builders Association-certified builders and operates a secondary facility in Florida under the Nidy Sports Construction brand. The acquisition strategy targets founder-led, reputation-driven businesses with established regional market positions, suggesting the PE sponsors are pursuing a roll-up strategy in a market characterized by fragmented, locally-operated service providers.
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