Sell My Green Business

Information and Ideas for Green Industry Business Owners, Buyers and Sellers

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Entries from July 2009

Why Acquisitions Go Wrong

July 30th, 2009 · No Comments

It has been estimated that 60% of all acquisitions fail to produce a return on investment..  Other estimates go as high as 80%.  So it is surely worth considering just why acquisitions go wrong.  This article explores some of the reasons acquisitions go wrong.
Acquiring the Wrong Target at the Wrong Time in the Wrong Deal
Markets [...]

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Tags: Growing Your Business with Acquisitions

ScottsMiracle-Gro Announces Record Third Quarter Sales and Profit as Consumers Remain Highly Engaged in Lawn & Garden

July 29th, 2009 · 1 Comment

- Company-wide sales increase 9%; up 16% in Global Consumer segment
- Consumer purchases in the U.S. increase 19% in third quarter
- Company-wide adjusted gross margin rate improves 210 basis points
- Company re-affirms full year adjusted EPS guidance of $2.35 to $2.45

MARYSVILLE, Ohio, July 29 /PRNewswire-FirstCall/ — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s [...]

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Tags: Industry Press

Rollins, Inc. Reports Second Quarter 2009 Financial Results – 13th Consecutive Quarter of Improved Earnings Results

July 29th, 2009 · No Comments

ATLANTA, July 29 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL), a premier North American consumer and commercial services company, today reported unaudited financial results for its second quarter ended June 30, 2009. Revenues for the second quarter of 2009 were flat at $284.6 million, compared to $284.5 million for the second quarter of 2008. The [...]

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Tags: Uncategorized

Brickman Group Partners with Torre & Bruglio

July 28th, 2009 · No Comments

From Lawn & Landscape
PONTIAC, Mich. — Yesterday, The Brickman Group announced that it formed a partnership with Pontiac-based Torre & Bruglio, one of the largest landscape contractors in the state of Michigan.
Brickman serves commercial clients in 29 states, providing maintenance, landscape architecture and construction services. Torre & Bruglio has a 20-year history providing landscape installation and horticultural maintenance services on [...]

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Tags: Industry Press

Custom Touch Acquires Perfect Property Services

July 28th, 2009 · No Comments

(NOBLESVILLE, IN)….Custom Touch Irrigation, a Noblesville-based irrigation and landscape lighting company established in 1978, has acquired Indianapolis irrigation company Perfect Property Services. The combined operations will be headquartered at Custom Touch Irrigation’s facility located in the Noblesville Business Park at 9675 E. 148th Street.
Custom Touch Irrigation plans to expand their 20 plus strong staff by [...]

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Tags: Industry Press

Did Terrain Kill Smith & Hawken?

July 9th, 2009 · No Comments

This is a blog post from GrowingWithPlants.com by Matt Mattus
Scott’s Miracle Grow Company announced today that they are shutting down their high-end gardening retail business Smith & Hawken this week. ( I know! Scott’s Miracle grow!! They bought the company in 2004). I suppose it is not surprising that the brand was headed in this [...]

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Tags: Uncategorized

The Scotts Miracle-Gro Company Announces Plans to Close Smith & Hawken Operations by End of 2009

July 8th, 2009 · No Comments

– Closure process expected to be cash neutral but result in one-time charges of approximately $25 million
– Fiscal 2010 adjusted earnings expected to benefit up to $0.15 per share
– Store sales start July 9 with all stores expected to close within six months
MARYSVILLE, Ohio, July 8 /PRNewswire-FirstCall/ — The Scotts Miracle-Gro Company (NYSE: SMG), [...]

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Tags: Uncategorized

Principium Plans Seminars for Green Industry Business Buyers and Sellers

July 7th, 2009 · No Comments

First courses are Planning for the Sale of Your Green Industry Business –  and Planning an Acquisition Strategy – How to Grow Your Green Industry Business with Strategic Acquisitions
PRLog (Press Release) – Jul 17, 2009 – The Principium Group today announced  a new seminar series for owners of green industry businesses who are considering [...]

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Tags: Industry Press · Selling Your Business