New ownership marks an exciting chapter of growth for the nation's leading lawn care company

FRANKLIN, Tenn., Nov. 13, 2026 /PRNewswire/ -- TruGreen today announced that it has been acquired by Birch Hill Equity Partners, a leading Canadian private equity firm. The transaction marks the conclusion of TruGreen's successful 19-year relationship with Clayton, Dubilier & Rice (CD&R) and the beginning of a new chapter focused on accelerating growth and strengthening the company's leadership position in the lawn care industry.

Birch Hill has deep experience owning and operating route-based service businesses. With Birch Hill's support, TruGreen will continue to execute its long-term strategy, focusing on operational excellence, customer satisfaction, and sustainable growth.

"This is an exciting day for TruGreen and an important milestone in our company's journey," said Kurt Kane, President and Chief Executive Officer of TruGreen. "We are confident that Birch Hill is going to be a great partner who helps us build from our strong foundation to achieve new heights. With our shared belief in our vision of becoming the best, fastest-growing and most valuable lawn care company in the world, it is clear the best days for TruGreen are still ahead."

The transaction marks the end of a nearly two-decade partnership with CD&R, which had supported TruGreen through important periods of growth and evolution.

"We are grateful to CD&R for their partnership and support over the past 19 years," Kane added. "They helped us transform TruGreen into the industry leader we are today while supporting us in developing a solid roadmap for growth. As we look ahead, our focus remains on what has always made TruGreen successful: our team members, our customers and our commitment to delivering pro-level lawns."

Goldman Sachs served as exclusive financial advisor to TruGreen and CD&R, with Debevoise serving as legal counsel. William Blair and TD Securities served as financial advisors to Birch Hill, while Paul Weiss and Davies served as its legal counsel.

About TruGreen

Founded in 1973, TruGreen is the nation's leading lawn care provider, providing lawn, tree and shrub, and pest services focused on exceeding its customers' needs. The company operates more than 300 locations across the United States and Canada, with more than 12,000 employees. TruGreen is the partner with the local, tailored solutions and science-driven expertise needed to help each outdoor living space look and feel its very best. For more than 50 years, TruGreen has stayed committed to making its customers' outdoor living space a place they can be proud of. For more information about TruGreen, visit TruGreen.com and follow them on Facebook, Instagram, and X.

About Birch Hill Equity Partners

Birch Hill is a Canadian mid-market private equity firm with a long history of driving growth in its portfolio companies and delivering returns to investors. Based in Toronto, Birch Hill currently has over $6 billion in assets under management. Since 1994, the firm has invested in 74 portfolio companies, with 60 fully realized. Today, Birch Hill's 14 partner companies collectively represent one of Canada's largest corporate entities, with over $9 billion in total revenue and more than 40,000 employees.

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SOURCE TruGreen