Turf Masters Brands Acquires Fairway Green (plus three additional regional lawn care businesses)
March 3, 2023
Turf Masters Brands, a CenterOak Partners-backed residential lawn care platform, acquired Fairway Green and also added Mighty Green Lawn Care Services, Perfectly Green Lawn Care, and MRW Lawns, Inc. to its platform. The transactions expand Turf Masters' footprint across the Southeast (notably doubling presence in North Carolina) and add nearly 200 team members to the platform; terms were not disclosed.
- Buyers
- Turf Masters Brands, Inc., CenterOak Partners LLC
- Targets
- Fairway Green, Mighty Green Lawn Care Services, Perfectly Green Lawn Care, MRW Lawns, Inc.
- Platforms
- Turf Masters Brands, Inc.
- Industry
- Environmental Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
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CenterOak Partners Forms Turf Masters Lawn Care Services Platform
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Dallas-based private equity firm CenterOak Partners formed a residential lawn services platform, Turf Masters Lawn Care Services, by combining Turf Masters Lawncare, All Turf Holdings, and Green Group Holdings and providing growth capital. The existing owners and management teams will retain equity and Andy Kadrich will lead the new platform as CEO; the company operates 20+ branches across 10 states and serves over 100,000 customers annually.
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Turf Masters Brands Acquires Mr. Turf
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Wind Point / ExperiGreen Acquires Turf Masters Brands
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Wind Point Partners, via its portfolio company ExperiGreen Lawn Care, has acquired Turf Masters Brands from CenterOak Partners. The deal combines Turf Masters with ExperiGreen to create one of North America's largest residential lawn care platforms, expanding scale, geographic footprint and recurring-service capabilities across the U.S. (and parts of Canada).
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Turf Masters Brands Acquires Executive Turf, Stewart Lawn & Garden and Tender Lawn Care
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Morgan Stanley Capital Partners Acquires Fairway Lawns from Prairie Capital
May 18, 2022
Professional Services
Investment funds managed by Morgan Stanley Capital Partners (MSCP) have completed an investment to acquire Fairway Lawns, a Little Rock‑headquartered provider of residential lawncare services that operates 16 branches across the Southeastern United States. MSCP is partnering with Fairway's existing management team led by CEO Kyle DeMilt and intends to accelerate the company's geographic expansion and add-on acquisition activity; Prairie Capital sold the company.
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Fairway Corp Acquires Six Regional Lawn, Tree and Pest Service Companies
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Fairway Corp has expanded its national residential services platform by acquiring six regional lawn, tree and pest service businesses: Eastern Exterminating, Southern Care Lawn and Pest, Mencer's Tree Service, Agape Lawn Company, Arbor Bay Tree & Landscaping, and Scientific Plant Service. The acquisitions extend Fairway’s geographic footprint across Florida, Tennessee, North Carolina and the Chesapeake Bay region and broaden its tree, turf, plant-health, landscaping and pest service capabilities.
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