TruArc Partners, a private equity firm focused on middle-market investments in business services and specialty manufacturing, has acquired commercial landscaping provider Schill Grounds Management — No. 31 on the 2025 LM150 list of the top revenue-generating companies in the industry — from closely held private investment firm Argonne Capital Group. Terms of the transaction were not disclosed.
Founded in 1993 and based in Cleveland, Ohio, Schill serves a diversified base of property managers, homeowners associations and commercial clients in the upper Midwest and Mid-Atlantic regions, including Ohio, Kentucky, Pennsylvania, Illinois, Indiana, Michigan, as well as Ontario, Canada.
TruArc Partners has prior experience in the commercial services space and will work with Schill’s leadership team to accelerate Schill’s organic growth, pursue add-on acquisitions and expand its customer footprint beyond the Midwest. Founder, Jerry Schill, will continue in his role as CEO of the company.
“TruArc’s experience supporting essential services businesses, together with their collaborative approach, aligns well with our culture and objectives and make them an ideal partner for Schill as we embark on this next phase of our evolution,” said Schill. “I am thrilled to be partnering with them and look forward to taking advantage of the growth opportunities we see across our business.”
“Schill has built a trusted and respected brand with commercial clients across the Midwest and Mid-Atlantic,” said Brandon Kiss, partner at TruArc Partners. “We are excited to partner with the Schill team to support the company’s next phase of growth as it seeks to expand its footprint and service capabilities.”
