CHESTERFIELD, Mo. – Aspire Software, a landscaping business management software provider, announced that it has entered into a definitive agreement to be acquired by ServiceTitan, a provider of software for the trades.
The deal would represent ServiceTitan's largest acquisition to date and its second acquisition in the last twelve months, following the company's acquisition of ServicePro, the software provider for the pest, lawn and arbor industries. ServiceTitan, most recently valued at $9.5 billion, powers more than 7,500 trade businesses across various home and commercial service verticals.
READ MORE: Aspire ranks 115 on list of Midwest’s fastest-growing private companies | ServicePro joins ServiceTitan family
Founded in 2014 by Mark Tipton and Kevin Kehoe, Aspire powers hundreds of commercial landscapers that collectively count more than 50,000 and perform just under $4 billion in annual transactions across landscaping, snow and ice and construction.
ServiceTitan will acquire Aspire from the founders and growth equity investor Mainsail Partners. As a part of the acquisition, Aspire will continue to build its business in St. Louis with the support and investment of ServiceTitan. Aspire customers can expect some immediate product enhancements, and over time, access to ServiceTitan's suite of Pro Products.
For more information on the acquisition, click here.