HCI Equity Partners-Backed LawnPRO Partners Acquires LawnRx
HCI Equity Partners-Backed LawnPRO Partners Acquires LawnRx
WASHINGTON, July 24, 2024 /PRNewswire/ -- LawnPRO Partners ("LawnPRO"), a platform focused on residential lawn care treatment, tree, shrub and pest control services that is backed by HCI Equity Partners, today announced that it acquired LawnRx (the "Company"). LawnRx represents the fifth acquisition for LawnPRO Partners. Financial terms were not disclosed.
LawnPRO Partners（“LawnPRO”）是一家由HCI Equity Partners支持的，致力於爲住宅提供草坪護理，樹木，灌木和害蟲控制服務的平台，今天宣佈已收購LawnRx（“公司”）, LawnRx是LawnPRO Partners的第五家收購對象，但未透露財務條款。
Based in Latrobe, PA, LawnRx is a founder-owned provider of lawn care treatment and tree, shrub and pest control services to residential customers in the Pittsburgh metropolitan area. LawnPRO's acquisition of LawnRx expands the platform's presence in Pennsylvania, representing the third acquisition in the state and the second in Pittsburgh. LawnRx is led by Bruce Love, owner and President of LawnRx, who will remain with the Company after the transaction and continue to run the day-to-day operations.
LawnRx總部位於拉特羅布，賓夕法尼亞州，是一家創始人擁有的提供草坪護理和樹木，灌木和害蟲控制服務的公司，爲匹茲堡大都市區的住宅客戶提供服務。LawnPRO收購LawnRx，擴大了公司在賓夕法尼亞州的業務版圖，在該州進行了第三次收購，第二次收購了匹茲堡的企業。LawnRx由Bruce Love擁有並領導，Bruce Love將繼續留在公司，繼續管理日常業務。
"I am honored to be partnering with LawnPRO, a platform that aligns both culturally and strategically with the LawnRx business," said Bruce Love. "My team and I are excited to join the strong and respected family of brands at LawnPRO, and we look forward to further accelerating our performance through our partnership."
“我很榮幸能與LawnPRO合作，該平台在文化和戰略上都與LawnRx業務相一致，”Bruce Love說。“我和我的團隊很高興加入LawnPRO這個強大且受人尊敬的品牌大家庭，我們期待通過合作進一步加速我們的業績。”
"We are very excited to be partnering with LawnRx, which has a solid legacy as an excellent place to work and a provider of outstanding customer service," said Bill Viveen, CEO of LawnPRO. "We are optimistic about the Pennsylvania market, and the experienced leadership team led by Bruce Love gives us confidence to expand our platform's reach in this market. As we continue to add partners with strong roots and excellent leadership, we are thrilled to grow our family of lawn care services brands."
LawnPRO的CEO Bill Viveen說：“我們非常高興能與LawnRx合作，該公司以優秀的工作場所和出色的客戶服務質量爲資產。我們對賓夕法尼亞市場充滿了信心，由Bruce Love領導的經驗豐富的管理團隊使我們有信心在這個市場上擴大我們的業務範圍，隨着我們繼續吸納有強大根基和優秀領導層的合作伙伴，我們爲擴大我們的草坪護理服務品牌大家庭而感到興奮。”
HCI intends to make significant investments in people, infrastructure and M&A for the growing LawnPRO platform. The firm welcomes inquiries from lawn care treatment businesses interested in becoming part of the platform. Please contact Nate Novak at [email protected].
HCI打算大力投資於團隊人才，基礎設施和M＆A，以擴大LawnPRO平台的規模，該公司歡迎有志於成爲該平台一部分的草坪護理企業提出諮詢。請聯繫Nate Novak，郵箱：[email protected]。
Quarles & Brady served as legal counsel to HCI.
Quarles＆Brady擔任HCI的法律顧問。
About HCI Equity Partners
HCI Equity Partners is a lower market private equity firm focused on partnering with family and founder-owned distribution, manufacturing and service companies. HCI is headquartered in Washington, DC. For more information, please visit .
HCI Equity Partners是一家專注於與家庭和創始人擁有的分銷，製造和服務公司合作的下市場私募股權公司，總部位於華盛頓特區。
LawnPRO Partners是一家由領先的下中間市場私募股權公司HCI Equity Partners支持的平台，專注於爲住宅客戶提供高質量的草坪護理，樹木和灌木服務以及害蟲控制服務。
About LawnPRO Partners
LawnPRO Partners is a platform backed by HCI Equity Partners, a leading lower-middle market private equity firm. It is focused on providing high quality lawn care treatment, tree and shrub services and pest control to residential customers.
關於LawnPRO Partners
LawnPRO Partners是一家由領先的中小型股權投資公司HCI Equity Partners支持的平台。 它專注於爲住宅客戶提供高質量的草坪護理處理，樹木和灌木服務以及害蟲控制服務。
Media Contacts
Lambert by LLYC:
Lisa Baker
[email protected]
603-868-1967
or
Megan Bowman
[email protected]
616-258-5763
媒體聯繫人
Lambert by LLYC:
Lisa Baker
[email protected]
603-868-1967
或者
Megan Bowman
[email protected]
616-258-5763
SOURCE HCI Equity Partners
資源: HCI Equity Partners