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TAG: mergers

Timeline: History of TruGreen, Scotts LawnService

December 10, 2015By and

TruGreen, based in Memphis, Tenn., and Scotts LawnService, formerly part of the Marysville, Ohio, garden products giant Scotts Miracle-Gro Co., are merging, creating a $1.3 billion lawn care company with 2.3 million customers. LM looks back at the history of these two companies, pulling information from our archives. read more

Industry members react to TruGreen, Scotts LawnService merger

December 10, 2015By

Scotts Miracle-Gro Co. merging Scotts LawnService with its largest competitor, TruGreen, is no doubt a huge deal—to the tune 2.3 million customers and $1.3 billion in combined revenue—but it wasn’t a huge surprise to some industry observers. And questions remain about how many details will be worked out. “It was pretty clear that Scotts LawnService wasn’t a core activity for... read more

Inside industry mergers and acquisitions

November 27, 2015By

We tapped green industry mergers and acquisitions expert Ron Edmonds to get an update on the consolidation activity in the landscape market. LM: How would you characterize the level of interest and activity among all buyers when it comes to the landscape industry? Ron Edmonds (RE): The level of interest among buyers is at a very high level.  This phenomenon... read more

Investment firm forms Monarch to consolidate landscape companies

May 19, 2015By

One Rock Capital Partners, a New York-based investment firm, formed Monarch Landscape Holdings to pursue a regional consolidation of landscape services companies in the Western U.S. Signature Landscape Services, based in Redmond, Wash., was the first company to join Monarch. Monarch, in partnership with Monarch CEO Brian Helgoe and Signature General Manager William Bailey, acquired Signature’s assets on May 1.... read more

Backstory: National Association of Landscape Professionals

March 12, 2015By

National Association of Landscape Professionals   History   Associated Landscape Contractors of America 1961 Associated Landscape Contractors of America (ALCA) incorporated City, Calif. 1969 ALCA’s Environmental Improvement Awards launched (Now called the National Landscape Awards of Excellence) 1977 Student Career Days founded as ALCA Field Days 1990 Green Industry Conference premieres in Nashville 1993 Certified Landscape Professional (CLP) designation created (Precursor... read more

Yard-Nique makes acquisition in Atlanta market

February 19, 2015By

Yard-Nique acquired Estes Landscape of Sharpsburg Ga., on Jan 30. Terms were not disclosed for the deal, which adds about $3.5 million in annual revenue to the Morrisville, N.C.-based full-service landscape firm. Yard-Nique had a 2014 annual revenue of about $19.7 million and plans to grow 22 percent in 2015. It was No. 81 on the 2014 LM150 list of... read more