Vasco, a sports surfacing company backed by Monogram Capital Partners and Halmos Capital Partners, has acquired Howard B. Jones & Son Inc. and Court Surfaces of Florida to expand its market footprint. The deal, announced this week, combines Vasco’s expertise in court construction with the acquired firms’ regional presence. Howard B. Jones, based in Massillon, Ohio, specializes in tennis and pickleball courts, while Court Surfaces operates in Florida. Both companies will retain their leadership teams, including Howard B. Jones owner Frank Larkin, a former Clemson tennis player, and Court Surfaces’ Bryan and Heather McMandon as general managers.

The acquisition positions Vasco to capitalize on growing demand for sports infrastructure upgrades. With $50 million in annual revenue, Vasco now serves clients across the U.S., offering end-to-end surfacing solutions for schools, clubs, and municipalities. The move follows a trend of private equity-backed firms consolidating niche markets. “This acquisition strengthens our ability to deliver tailored solutions,” said a Vasco spokesperson, though no financial terms were disclosed.

Industry analysts note the deal reflects Vasco’s strategy to diversify geographically and service offerings. By integrating Howard B. Jones’ tennis/pickleball focus and Court Surfaces’ Florida operations, Vasco targets a $2 billion+ U.S. sports surface market. The transaction also signals confidence in post-pandemic recovery for recreational projects. Court Surfaces’ owner Bryan McMandon, a 20-year industry veteran, will oversee day-to-day operations in the Southeast.

This consolidation underscores private equity’s role in shaping the sports infrastructure sector. Vasco’s backers, Monogram and Halmos, have previously invested in logistics and manufacturing, but this marks their first foray into sports surfaces. The deal’s success hinges on Vasco’s ability to merge the acquired firms’ local expertise with its national resources. For investors, the move highlights opportunities in niche B2B markets amid rising demand for facility modernization.