TruArc Partners Acquires Schill Grounds Management

Balance Point Capital Invests in Schill Grounds Management

May 6, 2024

Environmental Services

Balance Point Capital Advisors and its affiliated funds announced an investment in Schill Grounds Management, a portfolio company of Argonne Capital Group. The capital will support Schill's current acquisition pipeline and provide additional funding for future M&A as the commercial landscaping platform continues expansion across the Midwest and Canada.

Schill Grounds Management Acquires The Ohio Valley Group's Commercial Division

February 4, 2021

Environmental Services

Schill Grounds Management, a portfolio company of Argonne Capital Group, has purchased the commercial division of The Ohio Valley Group in a carve-out add-on that expands Schill's service area to the east side of Cleveland. About a dozen commercial employees, equipment and use of a portion of The Ohio Valley Group's facilities will transfer to Schill while the Dangelos retain residential operations and pursue other ventures.

Schill Grounds Management Acquires Enviroscapes

January 19, 2022

Environmental Services

Schill Grounds Management has acquired Enviroscapes, a family-owned commercial landscaping and snow/ice removal business based in Louisville, Ohio. The deal brings Enviroscapes' ~200 employees into Schill's platform (adding to Schill's ~400 staff) and expands Schill's footprint into the Akron/Canton and Youngstown markets as part of broader Midwest growth.

Schill Grounds Management Acquires TLC Landscaping and Grounds Elite

July 20, 2022

Environmental Services

Schill Grounds Management has acquired TLC Landscaping (London, Ontario) — its first international acquisition — to expand into the Greater Toronto Area, and separately purchased Grounds Elite, LLC in Cincinnati to deepen its southwest Ohio footprint. TLC will continue operating under its name with its leadership joining Schill's Canada operations; the deals are part of Schill's ongoing roll-up strategy (Schill is a platform backed by Argonne Capital Group) and bring the combined team to roughly 775 employees.

TruArc Partners Acquires Meyer Laboratory

March 5, 2024

Manufacturing

TruArc Partners, a New York-based private equity firm, has acquired Meyer Laboratory, Inc., a Kansas City-area manufacturer and distributor of industrial and institutional cleaning chemicals, from owners Russell Meyer and William "Rusty" Meyer. TruArc will support Meyer Lab's next phase of growth through organic investments and targeted M&A while the existing president, Mike Miller, remains in his role and Rusty Meyer stays on the board.

TruArc Partners Invests in Watchtower Security

December 14, 2023

Professional Services

TruArc Partners, a New York-based private equity firm, has invested in Watchtower Security, a St. Louis‑area provider of managed video surveillance and asset protection solutions for the multi‑family housing industry. Terms were not disclosed; TruArc cited Watchtower's recurring, proprietary platform and service model as strategic fits for its portfolio.