Mergers & Acquisitions

John Deere Landscapes Acquires Diamond Head Sprinkler Suppy

John Deere Landscapes, LLC has acquired Diamond Head Sprinkler Supply. The company consists of three landscape distribution centers in the state of Hawaii. “The acquisition of Diamond Head Sprinkler Supply is John Deere Landscapes’ first acquisition in Hawaii. For almost 50 years, Diamond Head Sprinkler Supply has been providing its customers with high quality products and services. It’s a tradition that will continue,” said Doug Black, CEO of John Deere Landscapes. “We welcome our new employees and look forward to expanding our services to the region.

Why Fire Trucks Always Back In: Being Ready is Really Important

Have you ever noticed that fire trucks always back into the fire station? Why don’t they just pull into their parking spot snout-forward like the rest of us?  Backing in at the end of a shift saves them time when they have to get to a fire. They back in to be ready; whether the call comes in 5 minutes or 5 days, they are prepared to pull out as quickly as possible. Like the firemen, you, as a business owner, need to be ready when you get the call from someone who wants to buy your business. And these … Read more

Davey Tree Acquires Cortese Tree Specialists in Knoxville

The Davey Tree Expert Company has acquired Cortese Tree Specialists of Knoxville, Tennessee. This follows the company’s most recent acquisitions of Maier Forest and Tree in Rochester, Minn., and Superior NW Tree & Shrub Care, Inc., in Seattle, Wash., in January. With the acquisition of Cortese, Davey increases its presence in the Knoxville, Tenn., area, where its Wolf Tree subsidiary already operates. Pat Covey, chief operating officer for U.S. operations, said Davey is committed to future growth — organically and through acquisitions. “We will continue to focus on high-quality companies with customer demographics that are similar to our own, within … Read more

BizBuySell Reports 61.8% Jump in Small Business Transactions for the Second Quarter of 2013

BizBuySell has released its quarterly Business Insights Report for the second quarter of 2013, showing a dramatic 61.8%  jump in small business transactions closed in the quarter compared to the same quarter of 2012. In BizBuySell’s “landscaping and yard services” category. there 149 reported sales, but we should note that this is heavily weighted toward very small transactions.  The median sales price was $122,500 and the median total revenues was $263,500.  Based on these 149, mostly very small, transactions, the average multiple to cash flow was 1.88 and the average multiple to revenues was .65.  Not only do these numbers … Read more