Spruce - M&A Summary and Business Overview

Consumer ServicesCompany

Spruce M&A Summary

Spruce has acquired 1 company, including 1 in the last 5 years.

Spruce has acquired in 1 US state. The Company’s most targeted sectors include consumer services (100%).

Spruce Business Overview

Where is Spruce headquartered?

Spruce is headquartered in Austin, Texas.

How many employees does Spruce have?

Spruce has 65 employees.

What sector is Spruce in?

Spruce is a consumer services company.

When was Spruce founded?

Spruce was founded in 2016.

M&A Summary

M&A Total Activity1
- M&A Buy Activity1
Total Sectors Invested 1
Total Countries Invested 1

Spruce

Spruce, Inc.

1408 E 13th Street,
Austin, Texas 78702
United States,
www.getspruce.com

Spruce is a provider of lifestyle services to the multifamily sector. The company currently offers Chores, Housekeeping, Pet Care, Laundry, and Dry Cleaning services to over 1,500 select apartment communities throughout the country. Spruce was founded in 2016 and is based in Austin, Texas.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.2/yr)	#	-	-	1	-	-	-	1
Sell (0.0/yr)	#	-	-	-	-	-	-	0
								1

Most Recent M&A

Company	Date	Value	Type
Mint Apartment Cleaning, Inc.	2021-08-11	-	Add-on Acquisition
Chicago, Illinois · www.theminte.com
View All >>

M&A by Sector

Sector		Buy #	Value	Sell #	Value
Consumer Services		1 (100%)	-	-	-
Total		1	-	-	-

By Geo

State/Country		Buy	Value	Sell	Value
United States		1	-	-	-
	Illinois	1	-	-	-
Total		1	-	-	-

Company Summary

SECTOR

Consumer Services

Employees

Established

2016

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Spruce - M&A Summary and Business Overview

Consumer ServicesCompany