Mitie PLC Agrees to Acquire Interserve’s Facilities Management Business in the UK

Mitie PLC has agreed to acquire the Interserve Support Services unit of Interserve Group Limited in the U.K. for a combined consideration of £271m, comprising £120m in cash and a 23.4% shareholding in Mitie to be held by or on behalf of Interserve’s shareholders. Interserve Support Services is comprised of the company’s facilities management operations in the UK and overseas across both public and private sectors. Completion of the transaction is subject to certain conditions, including approval from Mitie’s shareholders. Should these conditions be satisfied within the expected timeframe, the merger of Interserve Support Services is expected to complete by … Read more

SavATree Merges with Downey Trees in Georgia and Florida

SavATree

SavATree, a national professional tree, shrub and lawn care provi9der, has merged with Downey Trees Inc. of Atlanta, GA, a full-service and highly reputable company with offices in Norcross, GA, Savannah, GA and Destin, FL. This marks SavATree’s first entry into the Florida market and expands their Georgia presence into Savannah. Downey’s Norcross branch and SavATree’s current Norcross branches will combine in metro-Atlanta. SavATree now has 43 branch offices in 23 states. Since 1984, Downey Trees Inc. has focused on serving commercial clients, property managers and homeowners’ associations, becoming one of the largest local companies in the Southeast. Services include … Read more

Ruppert Acquires Select Assets of Outside Unlimited in Pennsylvania

Ruppert Landscape has acquired select assets of Outside Unlimited in Pensylvania.  In addition to adding team members and customers from three branch operations, this agreement included the purchase of  trucks, trailers and equipment. Two of the branches have been consolidated  with Ruppert’s existing King of Prussia and Camp Hill operations, while  the West Grove location has become  Ruppert’s 26th branch. The West Grove landscape management branch is a fully functional operation with the original team and leadership intact. “Earlier this year, we were approached by the owner of Outside Unlimited, a Pennsylvania-based landscape maintenance company,” said Phil Key, Ruppert Landscape’s … Read more

Prairie Capital and Rising Point Capital Acquire Fairway Lawns

Fairway Lawns

Prairie Capital VI, LP has partnered with Rising Point Capital to acquire Fairway Lawns. Headquartered in Little Rock, AR, Fairway is a provider of residential lawn treatment and pest control services. The Company currently serves over 40,000 customers from 12 lawn treatment locations and 2 pest control locations across six states (AL, AR, GA, OK, SC, TN). Over the course of its 30-year history, Fairway has proven its ability to compete effectively against national and local providers. Fairway focuses on the residential market, and is recognized for its high-quality service offering, professional brand, and exceptional customer service. The Company invests … Read more

John O’Conner Grounds Maintenance Acquires Westlea Landscaping

John O'Conner Grounds Maintenance

John O’Conner (Grounds Maintenance) Ltd has acquired 100% of the shares of Westlea Landscaping Limited. Founded in 1989, Westlea is a  regional grounds maintenance serving Spouthwest England from its home office in Swindon and a branch in Bristol. According to a Company announcement, “Like John O’Conner Grounds Maintenamce,  Westlea Landscaping has built its reputation on delivering quality while looking after the people it employs. We believe that culturally and commercially Westlea will find a good home with John O’Conner. The acquisition will help strengthen the companies offering in the Wiltshire and South West region and operationally it will be very … Read more