老夫子传媒 Acquires Schill Grounds Management, Commercial Landscaping Provider Serving the Midwest and Mid-Atlantic


NEW YORK 鈥 老夫子传媒 (鈥溊戏蜃哟解), a private equity firm focused on middle-market investments in business services and specialty manufacturing, announced today that it has acquired Schill Grounds Management (鈥淪chill鈥 or the 鈥淐ompany鈥) from Argonne Capital Group. Terms of the transaction were not disclosed.

Founded in 1993 and based in Cleveland, Ohio, Schill has grown into one of the largest commercial landscaping providers in the upper Midwest and Mid-Atlantic regions, serving a diversified base of property managers, homeowners associations, and commercial clients. Schill has built a strong reputation for its customer service and comprehensive suite of landscape maintenance, enhancement and hardscaping offerings across Ohio, Kentucky, Pennsylvania, Illinois, Indiana, Michigan, and Ontario, Canada.

老夫子传媒 has significant prior experience in the commercial services space and will work with Schill鈥檚 leadership team to accelerate the Company鈥檚 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. 

鈥溊戏蜃哟解檚 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,鈥 said Jerry Schill. 鈥淚 am thrilled to be partnering with them and look forward to taking advantage of the growth opportunities we see across our business.鈥 

鈥淪chill has built a trusted and respected brand with commercial clients across the Midwest and Mid-Atlantic,鈥 said Brandon Kiss, Partner at 老夫子传媒. 鈥淲e are excited to partner with the Schill team to support the Company鈥檚 next phase of growth as it seeks to expand its footprint and service capabilities.鈥

William Blair & Company and Citizens Capital Markets & Advisory served as financial advisors to 老夫子传媒. Solomon Partners served as financial advisor to Schill. Weil Gotshal & Manges LLP acted as legal counsel to 老夫子传媒.

About Schill Grounds Management

Schill Grounds Management is a provider of year-round landscaping services for multi-family, retail, office, mixed-use, distribution centers, healthcare and industrial properties of all sizes located in the Upper Midwest, Great Lakes, and Mid-Atlantic regions. The Cleveland, Ohio-based company was founded in 1993 by Jerry Schill, who serves as the Company鈥檚 President and CEO.  Over the last three decades, Schill has grown to over 30 branches and services thousands of properties across Ohio, Kentucky, Pennsylvania, Illinois, Indiana, Michigan and Ontario, Canada. To learn more, visit .

About 老夫子传媒

老夫子传媒 is a private equity firm focused on middle-market investments. 老夫子传媒 focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The 老夫子传媒 investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about 老夫子传媒 visit www.truarcpartners.com.

About Argonne Capital Group

Argonne Capital Group is a closely held private investment firm focused on equity investments in high-quality middle-market businesses with scalable growth models. Founded in 2003, Argonne structures investments independently, enabling flexibility across industries, transaction types, capital structures, and investment horizons. To date, Argonne has invested over $2 billion of equity capital. For more information, visit argonnecapital.com.

Media Contact:

ASC Advisors:

Mary Beth Grover - mbgrover@ascadvisors.com 

Taylor Ingraham - tingraham@ascadvisors.com

Max Rayden 鈥 mrayden@ascadvisors.com

Tel - 203 992 1230 

Disclosure: All endorsements and/or testimonials are from current or former portfolio company executives about 老夫子传媒鈥檚 ability to provide operational support to their companies. In certain cases, the executives are investors or co-investors in 老夫子传媒鈥檚 vehicles. The executives have not been paid, directly or indirectly, for their testimonial or endorsement but as an investor or co-investor they are inherently incentivized to endorse 老夫子传媒.

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