CenterOak Partners (CenterOak), a Dallas-based private equity firm, has formed Turf Masters Lawn Care Services, a residential lawn services platform created through the combination of three providers: Turf Masters Lawncare (Turf Masters), All Turf Holdings (All Turf), and Green Group Holdings (Green Group).
As part of the transaction, the existing owners and management teams will continue to be active and will have an equity interest in the Company. Andy Kadrich, the founder of Turf Masters, will lead the Company as CEO. CenterOak’s investment will provide capital to support the growth of the newly formed entity. Terms of the transaction were not disclosed.
Turf Masters Lawn Care Services provides recurring lawn, tree, and shrub care services to over 100,000 customers annually, helping homeowners maximise turf and soil health through fertilisation, seeding, aeration, weed control and exterior pest programs. The Company currently operates over 20 branches across 10 states and plans to grow organically and through add-on acquisitions.
