TruGreen Lawncare has completed its previously announced merger with Scotts LawnService. The merger creates the nations largest lawn care company with 2.3 million customers.
Here is the text of the press release that TruGreen issued.
MEMPHIS, Tenn., April 13, 2016 /PRNewswire/ — TruGreen today announced it has completed its merger with Scotts LawnService to create North America’s premier lawn care company. Scotts LawnService is a former subsidiary of The Scotts Miracle-Gro Company (NYSE: SMG). The merger of two industry leaders in professional lawn service will bring more resources, local experts, enhanced service and innovation to customers, with a shared belief that life is better lived outside.
As a result of the merger, TruGreen is expanding its leading services in lawn, tree and shrub care to approximately 2.3 million residential and commercial customers across the U.S. and Canada. TruGreen President and CEO David Alexander leads the newly combined company, which will operate as a privately held company under the TruGreen brand and remain headquartered in Memphis, Tennessee. Jim Gimeson, former president of Scotts LawnService, joins as Chief Operating Officer, and John Compton, a Clayton, Dubillier & Rice (CD&R) Operating Partner and former PepsiCo President, will continue to serve as TruGreen’s Chairman.
“TruGreen is proud to complete this milestone merger with Scotts LawnService, bringing together the two most trusted, innovative and service-oriented lawn care companies in North America,” said David Alexander, TruGreen President and CEO. “This continues the significant momentum we have experienced since becoming a standalone company, and we’re excited to expand the capabilities we can bring to our customers to help them live more of their lives outside.”
Memphis, Tenn.-based TruGreen is the nation’s largest lawn care company, serving more than 2.3 million residential and commercial customers across the United States with lawn, tree and shrub care. TruGreen believes more life should be lived outside and is committed to providing a beautiful lawn to serve as the foundation for outside experiences and lifelong memories. As the leader in the professional lawn care industry, TruGreen helps define responsible lawn care practices, conducts industry-leading education and training for our people, pioneers new application technologies and educates our customers on proper mowing and wise-use watering techniques. Today, there are more than 260 TruGreen lawn care branches and satellite offices in the United States and Canada.