Audax Private Equity acquired Monarch Landscape Companies, LLC, a leading provider of commercial landscape services in the western United States. The transaction closed on April 1, 2022.
| Acquirer: | Audax Private Equity (US) |
|---|---|
| Target: | Monarch Landscape Companies, LLC (US) |
| Type of Deal: | acquisition |
| Deal Value: | Undisclosed |
| Close Date: | April 1, 2022 |
| Advisors: | RBC Capital Markets (buy-side & sell-side), CCG Advisors (buy-side & sell-side), One Rock Capital Partners (sell-side) |
The deal aims to bolster Audax Private Equity's presence in the construction materials and works sector by acquiring a company with significant growth potential. Monarch Landscape Companies operates primarily in western states, offering services such as landscape design, installation, maintenance, and tree care.
Strategic Rationale
Audax Private Equity sees an opportunity to scale up Monarch's operations by leveraging its industry expertise and resources. The acquisition will enable the company to expand service offerings and enter new markets while maintaining high-quality standards in landscape services. Audax also plans to support further growth initiatives, including technology investments for enhanced client management.
Financial Context
The exact financial terms of the deal were not disclosed by either party involved. However, industry analysts suggest that such acquisitions typically involve a premium valuation reflecting Monarch's strong market position and future growth prospects.
Advisors
RBC Capital Markets provided buy-side advisory services to Audax Private Equity while also acting as the sell-side advisor alongside CCG Advisors. One Rock Capital Partners was the exclusive financial advisor for Monarch Landscape Companies in this transaction.
Outlook
Audax Private Equity aims to drive further growth at Monarch through strategic investments and operational enhancements. The company expects to leverage its broader network to bring new business opportunities and accelerate Monarch's expansion within the commercial landscape services market.