Announced
Financials
Tags
Cross Border
United States
lawn care products
shrub care
Single Bidder
Friendly
Acquisition
Property Services
Pending
Private Equity
Private
Majority
tree care
lawn care
Synopsis
Apax, a British private equity firm, agreed to acquire SavATree, a full-service tree, shrub and lawn care company specializing in green options for landscape care, from CI Capital Partners, a private equity firm. Financial terms were not disclosed. "As we embark on our next phase of our growth, we are well positioned to build upon the momentum we have established along with our partners at CI Capital. We are grateful for CI Capital's support as we executed our strategy and realized our vision of building a national leader, while remaining true to our customer-centric, environmentally-responsible approach," Carmine Schiavone, SavATree CEO.
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