Month: June 2017

DBi Services Acquires Oregon-based Reforestation Services

DBi Services has acquired Reforestation Services, Inc. of Salem, Oregon, a vegetation management company focused ion the railroad industry. Here is the full text of the press release. HAZLETON, PA and SALEM, OR – Effective June 19, 2017, DBi Services has acquired the assets of Reforestation Services, Inc., under ownership of Debi and Stan Rogers located in Salem, Oregon. Established in the 1950s, the company specializes in vegetation management, primarily for the railroad industry in the Western United States. Reforestation Services, Inc. utilizes on-track hi-rail equipment, as well as off-track trucks on railroad properties for spraying, weed-eating, brush and species-specific maintenance. … Read more

Business Valuation Trends in the Landscape Industry

In our experience, there is a great deal of confusing information about business valuation.  Most business owners have heard about the values that some other business owners may have received for their business.  Drawing conclusion from rumors, casual and incomplete information can be very dangerous. Recent studies indicate that nearly 80% of business owners are relying on the value of their business to fund retirement.  Those same studies indicate that fewer than 30% have a plan to make that happen – or have any idea what their business is really worth. When a business buyer looks at business valuation, regardless … Read more

Dwyer Group Acquires Countrywide Grounds Maintenance in the U.K.

Dwyer Group Acquires Countrywide

The Dwyer Group, the franchisor of The Grounds Guys landscape maintenance franchise in the united States and Canada, has acquired Countrywide Grounds Maintenance in the U.K.  Countrywide has approximately 50 franchised locations.  Here is the text of the announcement: The Dwyer Group, Inc., one of the world’s largest parent companies of trade service brands, has completed the add-on acquisition of Countrywide Grounds Maintenance, a long-standing commercial groundskeeping service based in the United Kingdom. The deal marks the tenth acquisition for Dwyer Group, which recently reached $1.5 billion in system-wide sales. Dwyer Group will now have 19 brands with more than … Read more

Prescription Landscape Acquires Arteka Outdoor in Minnesota

Prescription Landscape Acquires Arteka Outdoor

Prescription Landscape, based in Minneapolis-St. Paul has acquired Arteka Outdoor Services, a landscape services provider focusing on the HOA market.  Here is the press release announcing the acquisition: Prescription Landscape, Inc., (“Prescription”) Minneapolis-St. Paul’s leading commercial landscape services and snow removal provider, announced the acquisition of Arteka Outdoor Services from Arteka Companies, LLC. (“Arteka”) Arteka Outdoor Services is a specialty landscape service provider for select home owner association (HOA) and premium sites in Minneapolis-St. Paul, and the greater metropolitan markets. Terms of the deal, which closed June 1, 2017, will not be disclosed. “This addition to the Prescription portfolio will … Read more

Rentokil Steritech Completes Heron Pest Acquisition

Reading, Pa. (April 10, 2017) – Rentokil Steritech announces today its acquisition of the assets of Heron Pest Control, Inc., headquartered in Apopka, Florida. The acquisition of this Orlando metro-based company marks a continued expansion for Rentokil Steritech in the state of Florida and throughout the southeast United States. The deal closed on April 3 and terms were not disclosed. As a result of the acquisition, Heron brings 8 branch offices throughout central Florida and a team of over 200 employees, including 90 pest control and lawn care technicians. The fast-growing company offers residential pest control, including termite, mosquito, bed … Read more