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LawnPRO Partners announces acquisition of Meehan's Lawn Service to expand its presence in the Midwest

Dec 20, 2024•9 months ago

Acquiring Company

LawnPRO Partners

Acquired Company

Meehan's Lawn Service

WashingtonBrook ParkHome And GardenHome And GardenAgriculture and Farming

Description

LawnPRO Partners, backed by HCI Equity Partners, has successfully acquired Meehan's Lawn Service as its ninth acquisition. This strategic move strengthens LawnPRO's geographic footprint in the Cleveland, OH market and demonstrates its commitment to expansion. Tim and Deanna Meehan will continue to lead the business under LawnPRO's ownership, ensuring the continuity of strong customer service and expertise in lawn care services.

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.

FundzWatch™ Score

62
High M&A Activity

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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