September 2018 | Page 3 of 3 | Lawn | Landscape | Tree | Snow

CNL Strategic Partners Acquires Lawn Doctor

November 7, 2018September 1, 2018

CNL Strategic Partners, LLC, (CNL Strategic) has acquired a majority interest in Lawn Doctor from an affiliate of Levine Leichtman Capital Partners. Senior management of Lawn Doctor holds approximately 37.1% of the company. Lawn Doctor is a leader lawn care franchising company with franchises in over 35 states.. System-wide revenues were approximately $118 million in 2017. Lawn Doctor has achieved a compound annual growth rate of approximately 6% from 2009 to 2017. The Company reports a customer retention rate of more than80% for the last three years. The Company plans to continue to grow its franchise base and add other … Read more

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