St. Paul, Minn.-based Prescription Landscape, a commercial landscape services and snow removal provider, acquired Arteka Outdoor Services from Arteka Cos. Terms of the deal, which closed June 1, were not disclosed.
Arteka Outdoor Services is a specialty landscape service provider for select home owner association and premium sites in the Minneapolis-St. Paul markets.
“This addition to the Prescription portfolio will help us strengthen our presence in the HOA market,” said Prescription’s CEO Ryan Foudray. “Like Prescription, Arteka has a long tradition of quality and integrity and they enjoy admirable customer and employee loyalty as a result. We are privileged to welcome Arteka team members and clients to our company.”
Arteka Cos. ranked No. 130 on the 2017 LM150 list of the largest landscape companies ranked by annual revenue with $13.5 million in 2016 revenue. It’s unclear what percent of that business came from Arteka Outdoor Services.
“We have worked very hard to build our reputation and we are gratified that Prescription recognizes our passion for our clients, employees and the industry,” said Arteka President and CEO Stewart Hanson. “Our companies share many of the same values, and in a true show of commitment to client services, the Arteka Outdoor Services team members will continue on with Prescription.”
Hanson will refocus Arteka Cos. on its landscape construction business in existing and new markets.
