Announced

Completed

TruArc Partners completed the acquisition of Schill Grounds Management from Argonne Capital Group.

Synopsis

TruArc Partners, a private equity firm, completed the acquisition of Schill Grounds Management, a provider of a wide range of commercial landscaping services, from Argonne Capital Group, private investment firm that makes equity investments in a diverse range of middle market enterprises. Financial terms were not disclosed. TruArc’s experience supporting essential services businesses, together with their collaborative approach, aligns well with our culture and objectives and make them an ideal partner for Schill as we embark on this next phase of our evolution. I am thrilled to be partnering with them and look forward to taking advantage of the growth opportunities we see across our business," Jerry Schill, Schill Grounds Management CEO.

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