Environmental Services Acquisitions in Massachusetts

LawnPRO Partners, a lawn-care platform majority-owned by HCI Equity Partners, has acquired Sea of Green Lawn Care, LLC, a family-owned lawn care and pest control provider serving the North Shore of Massachusetts and New Hampshire. Owner Chris Mierswa sold the business to LawnPRO, which will integrate Sea of Green into its platform while preserving the brand and continuing service offerings such as fertilization, aeration, seeding, and pest control.

Visterra Landscape Group, a commercial landscaping platform headquartered in Rosemont, Illinois, has acquired Boston-based Herzog Landscape Solutions, founded by Scott Herzog in 1989. The deal expands Visterra's South Shore Boston operations, adds leadership and operational assets, and brings nearly 1,000 commercial clients to Visterra's Northeast footprint.

Trinity Consultants has acquired Safety Partners, a Massachusetts-based safety and compliance consultancy that provides EHS programs to life sciences and technology organizations across the U.S. The deal strengthens Trinity's life sciences health & safety capabilities and expands its geographic reach; David N. Deutsch & Co. advised Safety Partners on the sale.

Berkshire Partners has made a significant growth investment in Triumvirate Environmental, valuing the environmental services company at $1.8 billion. The deal will support Triumvirate’s geographic expansion, new service lines, enhanced technology capabilities, and establishment of a broad-based employee ownership program; founder and CEO John McQuillan and the management team remain in place.

Ecolab has acquired Barclay Water Management, a Newton, Massachusetts-based provider of water safety and digital monitoring solutions, including the proprietary iChlor Monochloramine System. The acquisition (closed November 1, 2024) establishes a new growth platform integrated with Ecolab’s ECOLAB3D digital monitoring capabilities; Barclay reported approximately $50 million in sales for 2023.

LawnPRO Partners, a residential lawn care platform backed by HCI Equity Partners, has acquired Fairway Lawn & Tree Service, a Cape Cod-based lawn, tree/shrub and pest control services provider. The deal is LawnPRO's sixth acquisition and expands the platform's footprint into New England, representing its first acquisition in Massachusetts.

Fairwood Brands, a portfolio company of Crane Group, has acquired Executive Landscaping, Inc., a Cape Cod-based landscaping design, construction and maintenance firm founded in 1996 by Chris Cotoia. Madison Street Capital acted as exclusive advisor to the seller; financial terms were not disclosed and the business will join Fairwood Brands' family of luxury landscaping and estate-management companies.

ALL4 LLC, a global environmental, health & safety (EHS) and sustainability consultancy, has acquired Capaccio Environmental Engineering, a Massachusetts-based EHS consulting and environmental engineering firm. The deal expands ALL4’s technical capabilities and digital offerings (including Capaccio’s EHS-Dashboard SaaS) and extends ALL4’s footprint into new industrial end markets such as biopharma, medtech, and semiconductor/electronics.

Osceola Capital has recapitalized Trauma Services in partnership with founder and CEO Mike Wiseman, creating a new platform for biohazard cleanup and remediation in New England. The investment will support M&A, new office openings, and expanded service offerings to grow Trauma Services' regional footprint.

LI-COR Environmental, backed by Battery Ventures, has acquired Onset, the maker of HOBO and InTemp data loggers, to broaden its environmental monitoring and sensor network capabilities. The deal brings Onset's data acquisition, sensor networks, and cloud-based monitoring technology into LI-COR's greenhouse gas measurement portfolio to support expanded applications in agriculture, coastal research, renewable energy, and cold-chain monitoring.

Integrated Water Services, Inc. (IWS), a Sciens Water-backed provider of water and wastewater treatment solutions, has acquired KLa Systems, Inc., a manufacturer of jet aeration and jet mixing technology headquartered in Assonet, Massachusetts. The acquisition expands IWS’s treatment technology capabilities and production of wastewater reuse solutions, enabling a more integrated offering for industrial manufacturers, water utilities, and municipalities.

Synagro Technologies, Inc. has acquired New England Fertilizer Company (NEFCO), a Massachusetts-based biosolids management company, in a strategic transaction that expands Synagro's thermal-drying and beneficial-use capabilities. The deal adds five large facilities and several major municipal clients to Synagro's network, advancing its circular-economy offerings and capacity for biosolids beneficial use.

Jones Lake Management, backed by Fort Point Capital, has completed the acquisition of Water & Wetland, LLC, a New England–based pond and lake management services provider headquartered in Grafton, Massachusetts. The deal establishes Jones Lake Management's presence in New England and continues its platform expansion in the lake and pond management market.

Trenton, New Jersey–based TerraCycle US has acquired Complete Recycling Solutions (CRS), a 21-year-old e-scrap and universal-waste processor based in Fall River, Massachusetts. The purchase adds CRS’s lamp recycling and mercury-distillation capabilities to TerraCycle’s Regulated Waste division and will keep CRS led by its former owner and co‑founder, Keith Boyea.

Quench, a Culligan company headquartered in King of Prussia, Pennsylvania, has acquired AquaLine Pure Water Services, a long-standing Waterlogic dealer serving the Boston, Massachusetts metro area. The acquisition expands Quench's local presence and service capabilities in an important U.S. market while providing an exit for AquaLine's founder and customers continuity under Quench's platform.

Trinity Hunt Partners has launched a national commercial landscaping platform with its investment in Riverside Services, a nearly 50-year-old provider of commercial landscaping, design, maintenance and winter services serving the greater Boston area. Riverside's President Mark Levine will remain a significant shareholder and partner as Trinity Hunt supports growth through organic expansion and add-on acquisitions.

Pace Analytical Services, a division of Pace and a PE-backed national laboratory network, has acquired Alpha Analytical, LLC, a full-service environmental laboratory based in Westborough, Massachusetts. The deal expands Pace's geographic footprint and laboratory capabilities in the Northeast, adding multiple labs and service centers and strengthening testing services for emerging contaminants such as PFAS.

Covanta, a PE‑backed sustainable materials management company, has acquired Massachusetts‑based Globalcycle and Global Remediation Services to expand its wastewater treatment, recycling and environmental remediation capabilities in New England. The deals serve as add‑on acquisitions to Covanta (under the direction of EQT Infrastructure), accelerating the company’s presence and last‑mile sustainability services in the highly regulated New England market.

Ecotone, Inc., a portfolio company of L2 Capital, has acquired Wilkinson Ecological Design (WED) and hired Conor Gillespie as CEO. The acquisition expands Ecotone’s geographic footprint into New England and integrates WED’s shoreline restoration and invasive species management capabilities to build a vertically integrated ecological restoration services provider.

Clairvest Group Inc., through Clairvest Equity Partners VI, made an equity investment to acquire a majority interest in Star Waste Systems (dba Boston Carting Services). Ironwood Capital, an existing investor, participated in the transaction/recapitalization. The deal will support Star Waste’s growth in the Greater Boston market and expand its waste collection and materials-recovery capabilities.

Decatur, Alabama-based Alliance Technical Group has acquired CK Environmental, an air emissions testing and environmental consulting firm headquartered in Canton, Massachusetts. The acquisition, which closed on June 28, 2022, adds CK Environmental's stack testing, QA/QC and maintenance capabilities to Alliance's national source-testing and emissions monitoring platform.

Five Star Franchising, a PE-backed home-services franchising platform, has acquired Mosquito Shield, a leading residential mosquito and tick control franchisor headquartered in North Attleboro, Massachusetts. The deal — Five Star's eighth acquisition since launching in 2021 and backed by Princeton Equity Group — expands Five Star's portfolio of service-focused franchise brands and provides Mosquito Shield additional resources to accelerate franchise development and operations.

The Halifax Group completed an investment in Case Facilities Management Solutions, a provider of snow & ice management and commercial landscaping services, with founder and CEO Jason Case retaining a significant ownership stake and continuing to lead the company. The capital injection is intended to accelerate growth, support investments in the team and technology, and help Case FMS expand market share across its national and regional commercial customers.

Pace Analytical Services, a portfolio company of Aurora Capital Partners, has acquired ProScience Analytical Services, a Woburn, Massachusetts environmental testing laboratory. The deal adds Transmission Electron Microscopy (TEM) capability to Pace's laboratory network and expands its lead and asbestos testing presence in New England.

Ridgemont Equity Partners has made a growth investment in Northstar Recycling Company, LLC alongside Northstar founders Seth Goodman and Noah Goodman. Northstar is an asset-light provider of managed waste and recycling solutions serving food, consumer packaged goods and industrial clients; Ridgemont will help expand the company's service offering and scale its proprietary technology-enabled platform. Financing for the transaction was provided by Barings, Cliffwater Corporate Lending Fund and PNC Erieview Capital; financial terms were not disclosed.

The Alloy Group, a Pittsburgh-based specialty contractor owned by investors of The White Oak Group, has acquired Dec-Tam Corporation, a New England environmental specialty contracting firm founded in 1981. The add-on expands Alloy's environmental remediation, surface preparation, and facilities services capabilities and increases its presence in the New England region; the acquisition was led by Atlanta-based private equity firm The White Oak Group.

SavATree, a national tree, shrub and lawn care services company, has acquired Glynn Tree Experts, a residential-focused tree care firm serving the South Shore of Massachusetts. Glynn will become SavATree’s fourth Massachusetts branch, expanding SavATree’s local presence and allowing Glynn’s customers access to SavATree’s broader portfolio of lawn, plant health and organic programs.

McCarthy Capital has recapitalized Bigbelly (Big Belly Solar), providing cash to accelerate growth and support product development. The investment will help Bigbelly expand market penetration for its smart, solar-powered waste and recycling systems and develop new capabilities, including hosting wireless communications technologies such as 4G LTE and 5G.

Boston-based private equity firm Anvil Capital completed a majority recapitalization of Leahy Landscaping, Inc., with the founder retaining a significant equity stake. Provident Bank provided senior debt for the deal while Spring Capital provided subordinated debt and preferred stock to support the recapitalization and growth plans.

Natural Systems Utilities (NSU) has acquired Bennett Environmental Associates LLC (BEA), bringing BEA's ~30 onsite water/wastewater systems and 160 Title V facilities into NSU's operations. The acquisition expands NSU's footprint into Cape Cod and the islands of Massachusetts and transfers all BEA contracts and business operations to NSU.