Agellus Capital has acquired HighGrove Partners, an Atlanta, Ga.-based company poised to become a leading provider of commercial landscaping services throughout the southeastern United States.
HighGrove, founded in 1989, provides commercial landscape maintenance, irrigation, arbor care and enhancement services from its four locations across the Atlanta, Ga. 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,” said Jim and Erin McCutcheon, CEO and CFO 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,” said Agellus Capital Co-founder and Managing Partner Jeff Aiello.
Atlanta based investment banking firm focused on the green industry, CCG Advisors, 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.
