News

Small-business lending drops sharply in June after federal program runs out of money

from the Los Angeles Times LOS ANGELES – Government-backed loans to the nation’s small businesses dropped sharply last month after a key federal program ran out of money. The reduction in lending comes as officials are scrambling to find a way to stimulate the small-business sector. On Monday, Federal Reserve Chairman Ben S. Bernanke said loosening credit to small businesses should be a priority for banks and policymakers. “Making credit accessible to sound small businesses is crucial to our economic recovery, and so should be front and center among our current policy challenges,” Bernanke said at a meeting on small-business … Read more

Principium’s Ron Edmonds in June Landscape Management

Ron Edmonds of The Principium Group was interviewed for an article entitled “M&A Upsurge” in Landscape Management magazine’s June 2010 issue.  The article, by Landscape Management editor-in-chief Nicole Wisnewski is included in the special section on the LM150, the 150 largest companies in the industry.  Here is a link to the article.

Hartney Greymont joins The Davey Tree Expert Company

KENT, OH – The Davey Tree Expert Company, North America’s original tree care company, has acquired Hartney Greymont, Inc., the premiere tree company in Boston and one of the most respected in the industry. Hartney Greymont is based in Needham, Mass., and was the Boston Chamber of Commerce Small Business of the Year in 2008. Hartney Greymont provides tree, landscape and lawn services and will continue to operate under its existing name as a division of The Davey Company.  Jim McGuire, Hartney Greymont President, will continue in his leadership role as General Manager of the Hartney Greymont division of Davey. Hartney … Read more

Brickman Acquires First Class Lawn and Landscape of Indianapolis

From Lawn & Landscape: GAITHERSBURG, Md. – Brickman announced the acquisition of Indianapolis-based First Class Lawn & Landscape. While both companies operated in Indianapolis and surrounding areas, the acquisition will enable Brickman to become the market leader in commercial landscaping services throughout the region. First Class owner Brad Shaffer started the business in 1993 with a push mower and a pickup, and went on to create a market leading business renowned for its customer service. In 2008, Indiana Business Journal listed the company as number twelve on their list of Fastest Growing Private Companies, having grown 147 percent in three … Read more

Lawn Dawg Acquires Weed & Feed Professional Services

Lawn Dawg Inc. today announced the acquisition of Weed & Feed Professional Services, Inc. The acquisition brings together two established lawn care companies to better serve customers throughout the New England region. Weed & Feed Professional Services, Inc. is owned and operated by Robert Mann of Sandwich, Massachusetts. The existing operations will come under the name of Lawn Dawg. Once finalized, Lawn Dawg plans to relocate its Bridgewater branch to Plymouth, Massachusetts, for a more central location in their growing market. In addition, the merger will expand Lawn Dawg’s commercial services and customer base. “I am very excited about partnering … Read more