SAN ANTONIO & CHICAGO– Chicago-based The Millard Group, a national leader in the janitorial services industry, announced today that it has acquired Preferred Landscape and Lighting of San Antonio, Texas. The two companies have complementary customer bases and service niches, and with the addition of Preferred’s capabilities to its core business offering, The Millard...
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Sell My Green Business is brought to you by:
The Principium Group
P.O. Box 414
Cordova, TN 38088
888-229-5740
www.PrincipiumGroup.com
We help people buy and sell green industry businesses, including lawn care, tree care, landscape services, garden centers and nurseries. When the time is right, we'd like to help you sell your green industry business or buy one.
Acquisitions
Synergy: 1+1=3 or More (Maybe)
Synergy (sin-er-jee) –n, pl -gies 1. The interaction of elements that when combined produce a total effect that is greater than the sum of the individual elements, contributions, etc. 2. The potential ability of individual organizations or groups to be more successful or productive as a result of a merger. Have you ever wondered why some...
Massey Services Acquires American Pest Control Management
Massey Services has announced its acquisition of American Pest Control Management. Orlando-based Massey Services provides pest control and lawncare services throughout Florida, as well as in Georgia and Baton Rouge, Louisiana. Based in Southwest Florida, American Pest Control Management has been providing services to more than 7,000 homes and businesses in counties from Tampa...
Toll Brothers Buys Seattle’s CamWest Development
Toll Brothers, Inc., ( www.tollbrothers.com ), the nation’s leading builder of luxury homes, today announced its entry into the Seattle market through the acquisition of substantially all of the assets and operations of CamWest Development LLC (”CamWest”), one of the largest privately held home building companies in the Pacific Northwest. The purchase price, which...
New York’s Blondie’s Treehouse Merges with J Mendoza Gardens
Blondie’s Treehouse, Inc has merged with NY based landscape design firm J Mendoza Gardens, expanding Blondie’s offering of landscape design/build capabilities. J. Mendoza Gardens, Inc. (JMG) was created in 1987 by Jeff Mendoza. Offering landscape consulting, design and installation services, the office has worked on a large variety of projects for both corporate and...
The Strategy Behind Business Acquisitions
Business acquisitions happen in many ways. In general, they can either be the result of an opportunity that happens to come the buyer’s way or they can be the result of a well thought-out, long-range strategy for growing a business with strategic acquisitions. You might think that the most successful acquisitions result from a...
New SBA Loan Guidelines: Goodwill is OK
The Small Business Administration has issued its new guidance on business acquisition loans and the news is pretty good for both buyers and sellers. The new guidance in effect rescinds much more restrictive guidance issued in early 2009 that had raised widespread confusion and concern in the minds of borrowers, lenders, intermediaries and small...
What's Up with Terrain at Styers
Slow-going for Urban Outfitters’ Garden Center Brand I recently had the opportunity to visit Terrain at Styers, the up-scale garden center plus operated by mall retailer Urban Outfitter, Inc. It wasn’t a planned visit, but when I drove by the site, I had to stop. Terrain at Styers is a very engaging place. It...
Why Acquisitions Go Wrong
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...
The Power of Acquisitions
Is it possible to increase the value of a business worth $3 million by 50% or $1.5 million by making a $500,000 acquisition? Here’s a possible scenario: A landscape services company with $750,000 in EBITDA might be worth, in some circumstances, $3,000,000 (if it was valued based on a multiple of four). A smaller...
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