LawnPRO Partners announces acquisition of Meehan's Lawn Service to expand its presence in the Midwest
Dec 20, 2024•7 months ago
Acquiring Company
LawnPRO Partners
Acquired Company
Meehan's Lawn Service
WashingtonBrook ParkHome And GardenHome And GardenAgriculture and FarmingDescription
LawnPRO Partners, backed by HCI Equity Partners, has successfully acquired Meehan's Lawn Service as its ninth acquisition. This strategic move strengthens LawnPRO's geographic footprint in the Cleveland, OH market and demonstrates its commitment to expansion. Tim and Deanna Meehan will continue to lead the business under LawnPRO's ownership, ensuring the continuity of strong customer service and expertise in lawn care services.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed