Agellus Capital announced the acquisition of HighGrove Partners, LLC. Headquartered in Atlanta, Georgia, HighGrove is a provider of commercial landscaping services across the Southeastern United States.
Founded in 1989, HighGrove provides commercial landscape maintenance, irrigation, arbor care and enhancement services from its four locations across the Atlanta, Georgia, metropolitan area.
“We saw strong alignment with Agellus’ entrepreneurial mindset and growth-oriented approach to scaling our business in a way that honors our people and core values,” says Jim and Erin McCutcheon, CEO and CFO, respectively, of HighGrove Partners.
“We’re excited to partner with Jim and Erin and the HighGrove team to build on the impressive momentum they’ve created and expand their success across the Southeast region. HighGrove provides a solid foundation on which to build our landscaping services platform. We look forward to supporting their continued growth and identifying complementary partners that share their commitment to excellence and customer service," Agellus Capital Co-founder and Managing Partner Jeff Aiello.
CCG Advisors, an Atlanta based investment banking firm focused on the green industry, acted as the exclusive sell side advisor to High Grove in the transaction. Piper Sandler acted as financial advisor and Squire Patton Boggs (US) LLP served as legal counsel to Agellus Capital.
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