Peach Tree, a 15-year-old company with about 100 employees, provides landscape maintenance and design-build services to office, retail, industrial, multi-family and high-end residential clients. Peach Tree, founded and run by Bryan Clayton and Chip Burnette, is considered one of the premiere landscape companies in Middle Tennessee.
"We selected LUSA to partner with because we believe they will provide the experience, leadership and resources to take Peach Tree to the next level, creating opportunities for Peach Tree’s employees and providing excellent service to our clients," the founders shared in a news release.
LUSA Holdings, LLC. (Landscapes USA) operates in six states: Texas, Colorado, Oklahoma, California, Florida and now Tennessee. It has completed four acquisitions in the past four years.
"Our goal is to create success for all of our clients, employees, managers, partners and retiring owners," says LUSA CEO Dennis Dautel. "We are excited to acquire brands, and support the existing management teams to grow their brand to new levels. As a holding company, we share best practices across the enterprise while creating additional efficiencies and cost savings through resource allocation and strategic purchasing."
Ron Edmonds of The Principium Group represented Peach Tree Landscapes in connection with the transaction. The Principium Group is a specialty advisory firm serving the green industry in the areas of mergers & acquisitions and exit planning throughout the United States.