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LawnPRO Partners acquires Fairway Lawn & Tree Service to expand its residential lawn care services

Aug 21, 2024•over 1 year ago

Acquiring Company

LawnPRO Partners

Acquired Company

Fairway Lawn & Tree Service

WashingtonMassachusettsHome And GardenHome And Garden

Description

LawnPRO Partners, backed by HCI Equity Partners, has successfully acquired Fairway Lawn & Tree Service. This acquisition marks the sixth addition to LawnPRO Partners and the first expansion into Massachusetts, strengthening their position in the Northeast.

Company Information

Company

LawnPRO Partners

Location

Washington, District Of Columbia, United States

About

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.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed