Business ManagementBusiness TrendsEducationFeaturedInnovationManufacturer/Supplier UpdatesPodcastsPodcastsProductsResourcesThe Latest
Listen Now: Segway Navimow Glides Into Robotic Mower Market
Jessica Schwartz
LawnStarter Acquires Lawn Love
LawnStarter, a leading provider of on-demand lawn and outdoor care, has acquired Lawn Love in a cash-and-stock deal that creates a nationwide on-demand powerhouse for lawn care and other outdoor services. Financial terms were not disclosed. Austin-based Lawn Starter and San Diego-based Lawn Love are leaders in the $100 billion U.S. lawn care and other outdoor services market, where activity is surging after COVID-19. As people spend more time at home, they seek easier ways to manage upkeep and improve their homes, and are more comfortable doing so on a mobile app. Combined, LawnStarter and Lawn Love will also benefit providers of outdoor home services by enabling them to take on more jobs, thereby boosting the revenue of thousands of small businesses across the country. “The combination of LawnStarter and Lawn Love will further propel growth of the on-demand economy for lawn care and other outdoor services,” said LawnStarter co-founder and CEO Steve Corcoran. “Joining forces enables LawnStarter and Lawn Love to be even more disruptive together as we continue to revolutionize the outdoor services industry.” LawnStarter and Lawn Love are graduates of two prominent accelerators, Techstars and Y Combinator. The companies have benefited from the rise in on-demand marketplaces dominated by companies such as Uber, Lyft, Doordash and GrubHub, where PwC predicts the global value of the sharing economy—driven primarily by millennials—will reach $335 billion by 2025. Lawn Love’s acquisition by LawnStarter allows both businesses to better capitalize on the growth of on-demand, tech-enabled services since the outset ...
LawnStarter Acquires Lawn Love
LawnStarter, a leading provider of on-demand lawn and outdoor care, has acquired Lawn Love in a cash-and-stock deal that creates a nationwide on-demand powerhouse for lawn care and other outdoor services. Financial terms were not disclosed. Austin-based Lawn Starter and San Diego-based Lawn Love are leaders in the $100 billion U.S. lawn care and other outdoor services market, where activity is surging after COVID-19. As people spend more time at home, they seek easier ways to manage upkeep and improve their homes, and are more comfortable doing so on a mobile app. Combined, LawnStarter and Lawn Love will also benefit providers of outdoor home services by enabling them to take on more jobs, thereby boosting the revenue of thousands of small businesses across the country. “The combination of LawnStarter and Lawn Love will further propel growth of the on-demand economy for lawn care and other outdoor services,” said LawnStarter co-founder and CEO Steve Corcoran. “Joining forces enables LawnStarter and Lawn Love to be even more disruptive together as we continue to revolutionize the outdoor services industry.” LawnStarter and Lawn Love are graduates of two prominent accelerators, Techstars and Y Combinator. The companies have benefited from the rise in on-demand marketplaces dominated by companies such as Uber, Lyft, Doordash and GrubHub, where PwC predicts the global value of the sharing economy—driven primarily by millennials—will reach $335 billion by 2025. Lawn Love’s acquisition by LawnStarter allows both businesses to better capitalize on the growth of on-demand, tech-enabled services since the outset ...
Landscape Industry Mergers, Acquisitions, & Partnerships
Lately, several landscape industry players have made moves to work together through mergers or acquisitions. Just some that have crossed the Turf desk are listed below. Ohio Market: Schill Acquires Ward + Thornton, Fredericks Landscaping Schill Grounds Management is expanding into the Cincinnati market with acquisitions of two full-service landscaping companies: Ward + Thornton Landscapes, based in Maineville, OH; and Fredericks Landscaping, based in Cincinnati. Founded over 50 years ago, Ward + Thornton provides full-service landscape, maintenance, snow management, and design-build services to numerous customers in northeast Cincinnati and beyond, including Fortune 500 companies as well as local businesses of all sizes. Fredericks Landscaping has been providing full-service landscaping and snow management to customers in central Cincinnati and northern Kentucky for more than 40 years. The southeastern Ohio acquisitions expand Schill’s presence beyond its primary markets of Cleveland and Columbus, and represent the third and fourth acquisitions Schill has completed in recent months. Schill will operate out of the existing Ward + Thornton and Fredericks facilities, while approximately 200 employees from the companies will join the Schill family. Mike Ward, the former owner of Ward + Thornton, will oversee the consolidated operations in the region in a new role as Schill’s Market President for Cincinnati. “We are delighted to show our new employees and customers in Cincinnati what makes Schill a best-in-class partner for year-round grounds management services,” said President Jerry Schill, pictured right, who co-founded North Ridgeville, OH-based Schill Grounds Management more than 25 years ago. Schill continues to ...
Landscape Industry Mergers, Acquisitions, & Partnerships
Lately, several landscape industry players have made moves to work together through mergers or acquisitions. Just some that have crossed the Turf desk are listed below. Ohio Market: Schill Acquires Ward + Thornton, Fredericks Landscaping Schill Grounds Management is expanding into the Cincinnati market with acquisitions of two full-service landscaping companies: Ward + Thornton Landscapes, based in Maineville, OH; and Fredericks Landscaping, based in Cincinnati. Founded over 50 years ago, Ward + Thornton provides full-service landscape, maintenance, snow management, and design-build services to numerous customers in northeast Cincinnati and beyond, including Fortune 500 companies as well as local businesses of all sizes. Fredericks Landscaping has been providing full-service landscaping and snow management to customers in central Cincinnati and northern Kentucky for more than 40 years. The southeastern Ohio acquisitions expand Schill’s presence beyond its primary markets of Cleveland and Columbus, and represent the third and fourth acquisitions Schill has completed in recent months. Schill will operate out of the existing Ward + Thornton and Fredericks facilities, while approximately 200 employees from the companies will join the Schill family. Mike Ward, the former owner of Ward + Thornton, will oversee the consolidated operations in the region in a new role as Schill’s Market President for Cincinnati. “We are delighted to show our new employees and customers in Cincinnati what makes Schill a best-in-class partner for year-round grounds management services,” said President Jerry Schill, pictured right, who co-founded North Ridgeville, OH-based Schill Grounds Management more than 25 years ago. Schill continues to ...
