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TruGreen: ‘Milestone merger’ is complete

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TruGreenTruGreen completed its merger with Scotts LawnService, a former subsidiary of The Scotts Miracle-Gro Co. The companies said in December they were entering into a joint venture.

As a result of the merger, TruGreen is adding approximately 2.3 million residential and commercial customers across the U.S. and Canada. The combined revenue is expected to be more than $1.3 billion.

TruGreen President and CEO David Alexander leads the combined firm, which will operate as a privately held company under the TruGreen brand and remain headquartered in Memphis, Tenn.

Jim Gimeson, former president of Scotts LawnService, joins as chief operating officer, and John Compton, a Clayton, Dubillier & Rice (CD&R) operating partner and former PepsiCo president, continues to serve as TruGreen’s chairman. CD&R has owned TruGreen since ServiceMaster spun it off two years ago.

“TruGreen is proud to complete this milestone merger with Scotts LawnService, bringing together the two most trusted, innovative and service-oriented lawn care companies in North America,” said David Alexander, TruGreen president and CEO. “This continues the significant momentum we have experienced since becoming a standalone company, and we’re excited to expand the capabilities we can bring to our customers to help them live more of their lives outside.”

The post TruGreen: ‘Milestone merger’ is complete appeared first on Landscape Management.


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