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TAG: mergers

Campanella: TruGreen buying Lawn Dawg is ‘bittersweet’

September 27, 2017By

TruGreen acquired Nashua, N.H.-based Lawn Dawg last week. Terms were not disclosed for the transaction that Lawn Dawg President Jim Campanella called “bittersweet.” Lawn Dawg adds about 26,000 customers and $15 million in annual revenue to Memphis, Tenn.-based TruGreen, which did more than $1.3 billion in 2016 revenue and ranks No. 2 on the 2017 LM150 list of largest landscape... read more

TruGreen to build on momentum, CEO Alexander reports

April 18, 2016By

Now that the merger of the nation’s two largest lawn care companies is complete, it doesn’t mean that Scotts LawnService (SLS) trucks will be immediately replaced by TruGreen vehicles. The rest of this year is about ensuring a smooth transition, TruGreen CEO David Alexander told LM. He expects the now $1.3 billion-plus company will be able to do so by... read more

TruGreen: ‘Milestone merger’ is complete

April 13, 2016By

TruGreen completed its merger with Scotts LawnService, a former subsidiary of The Scotts Miracle-Gro Co. The companies said in December they were entering into a joint venture. As a result of the merger, TruGreen is adding approximately 2.3 million residential and commercial customers across the U.S. and Canada. The combined revenue is expected to be more than $1.3 billion. TruGreen... read more

SCG Partners makes Florida acquisition

February 26, 2016By

SCG Partners, a middle-market private equity fund, acquired the assets of a commercial landscape company in Florida. The company name and financial terms of the transactions were not disclosed. “SCG Partners is very excited to partner with the owner of our latest commercial landscaping operation and his senior team,” SCG Partners Managing Director Jonathan Ives. “The entire management staff and employees... read more

2015 Lawn Care Forum: M&A activity in the green industry

January 24, 2016By

Ron Edmonds, principal consultant for The Principium Group, talks about mergers and acquisitions occurring in the green industry. Read a Q&A with Edmonds on this topic from the November 2015 issue of Landscape Management. read more

TruGreen/Scotts LS merger goal: Retain customers, staff

December 15, 2015By

TruGreen and Scotts LawnService plan to spend 2016 focusing on integration–a monster task, considering the combined company will have 2.3 million customers and $1.3 billion in revenue. The joint venture resolves to retain both customers and employees in the new year, according to President and CEO David Alexander. He spoke with LM following the announcement on Dec. 10 that the two... read more