Argonne Capital Invests in Schill Grounds Management and Completes Tuck-In Acquisition of McCoy Landscape Services

September 21, 2020

Argonne Capital Group made a controlling investment in Schill Grounds Management, a commercial landscaping platform based in Cleveland, Ohio, providing shareholder liquidity while Jerry Schill remains CEO with a meaningful ownership stake. Proceeds also funded Schill's acquisition of McCoy Landscape Services in Marion, Ohio as the company's first tuck-in; Argonne and Schill plan further add-on acquisitions in the fragmented commercial landscaping market.

Buyers
Argonne Capital Group
Targets
Schill Grounds Management, McCoy Landscape Services
Sellers
Existing shareholders of Schill Grounds Management (including founder Jerry Schill)
Platforms
Schill Grounds Management
Location
Ohio, United States
Transaction Type
Buyout

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