Wicklund officials became acquainted with ATG through their holdings in five plastics and recycling companies, Bonn says.
Wichita sports surfacing company to be acquired by Kentucky holding firm
Wichita Business Journal - August 16, 2002
by Jerry Siebenmark
bizjournals.com
A Wichita company that develops and installs artificial surfaces for a variety of sports is being purchased by a Lexington, Ky.-based company.
Wicklund Holding Co. has signed a letter of intent to acquire ATG Sports Industries Inc. of Wichita at 4033 N. Woodlawn. No price is being disclosed on the transaction, which is expected to close in September.
Wicklund officials say ATG's prospects for growth and its top executive led them to the acquisition.
"We were as interested in the company as we were in the owner, Paul Driver," says Jim Bonn, Wicklund's legal counsel. "He's a very bright young man."
Driver, ATG's president and CEO, could not be reached for comment.
Under the acquisition agreement, Driver will stay on as ATG's top executive and the company's headquarters will remain in Wichita.
ATG designs and installs surfaces made of recyclable material for track and field — and other court sports. Wichita State University's new running track is one of ATG's projects. ATG's customers are secondary schools, colleges and universities.
Bonn says the company has surfacing projects underway in St. Louis, New York and other states.
Wicklund officials became acquainted with ATG through their holdings in five plastics and recycling companies, Bonn says.
"It's a small fraternity," Bonn says. "A lot of our products are construction or sports-related. We're kind of a niche market looking for niche companies."
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