SavATree Expansion Continues with Shearer/Penn Merger

Hamilton, NJ—SavATree announced a merge with New Jersey-based Shearer/Penn today that will expand their reach in South Central New Jersey and Southeastern Pennsylvania. Merging with Shearer/Penn furthers SavATree’s goal to make environmentally-sensible tree, shrub and lawn care services available throughout the northeast. Shearer/Penn has been providing local residents with quality tree care and relaible lawn care since 1932. As Shearer/Penn owner Sam Willard considered potential candidates with which to join, entrusting the business to a company with similar values and high quality standards was a major factor. Willard chose to join forces with SavATree because of their strong dedication to … Read more

ValleyCrest Acquires Concepts in Greenery

CALABASAS, Calif., April 4, 2008 ~ ValleyCrest Companies, the largest privately-held landscape firm with nearly $1 billion in revenue, today announced that it has acquired Concepts in Greenery, a landscape services company based in Stuart, Florida. Founded in 1993 by Dan Steinberg who manages the company with partner and co-owner John Rose, Concepts in Greenery has achieved steady growth and market presence, providing landscape maintenance and installation services to a large and loyal customer base along the Southeastern coast of Florida. “Concepts in Greenery is a company that we have been impressed with for some time due to its high … Read more

Swingle Acquires Weed Wranglers and Timberjax

Denver, CO – Swingle Lawn, Tree & Landscape Care, today announced two new acquisitions. The acquisition of lawn and tree care customers from Weed Wranglers, Inc., a Denver based company and TimberJax Tree Experts, Inc., a well known Longmont based tree care company. Both company owners stated, “they had searched for a Colorado based company that provided exceptional customer service with the expertise that their customer’s have come to expect. After carefully considering several options, both companies were excited to announce that Swingle Lawn, Tree & Landscape Care will be providing their former customers with lawn, tree and landscape care … Read more

Rollins, Inc. Completes Acquisition of HomeTeam Pest Defense from Centex

ATLANTA–(BUSINESS WIRE)–April 3, 2008–Rollins, Inc. (NYSE: ROL), a premier North American consumer services company, announced today that it has completed its acquisition of subsidiaries of Centex Corporation (NYSE: CTX), through the purchase of assets, its pest control business, HomeTeam Pest Defense for a cash payment of approximately $137 million. HomeTeam Pest Defense recorded revenues of $134 million in 2007 related to its pest control business.Prior to the acquisition, HomeTeam Pest Defense was established in 1996 and was recognized as a premier pest control business and ranked as the 4th largest company in the industry. Based in Dallas, TX, the company … Read more

Rollins Agrees to Purchase Hometeam Pest Defense from Centex

ATLANTA & DALLAS, Mar 31, 2008 (BUSINESS WIRE) — Rollins, Inc. (NYSE:ROL) has entered into a definitive purchase agreement with subsidiaries of Centex Corporation (NYSE:CTX) to acquire, through the purchase of assets, its pest control business, HomeTeam Pest Defense. The purchase price will be paid in cash and is expected to be approximately $137 million. The closing of the transaction is expected in early April, subject to the satisfaction of customary conditions.Rollins plans to operate HomeTeam separately, along with its other wholly owned pest management subsidiaries: Orkin, PCO Services, Western Pest Services and The Industrial Fumigant Company. HomeTeam has 50 … Read more