M&A Deal Summary

SavATree Acquires Ping’s Tree Service

On February 18, 2020, SavATree acquired environmental company Ping’s Tree Service

Acquisition Highlights
  • This is SavATree’s 6th transaction in the Environmental sector.
  • This is SavATree’s 8th transaction in the United States.
  • This is SavATree’s 2nd transaction in Indiana.

M&A Deal Summary
Date 2020-02-18
Target Ping’s Tree Service
Sector Environmental
Buyer(s) SavATree
Deal Type Merger

Target

Ping’s Tree Service

Indianapolis, Indiana, United States
Ping’s Tree Service is the largest privately owned and operated tree care service company in central Indiana. Services include tree preservation and care, pruning, removals, plant health care, and professional lawn care.

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Buyer(S) 1

Buyer

SavATree

Bedford Hills, New York, United States
Category Company
Founded 1984
Sector Environmental
DESCRIPTION

SavATree is a provider of tree care, plant health care, and lawn care services to residential, commercial, and government customers. SavATree was founded in 1984 and is based in Bedford Hills, New York.

DEAL STATS #
Overall 8 of 18
Sector (Environmental) 6 of 16
Type (Merger) 1 of 5
State (Indiana) 2 of 2
Country (United States) 8 of 18
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 Wasatch Arborists

Park City, Utah, United States

Wasatch Arborists, Inc. is a tree service company that provides backyard business solutions. Wasatch Arborists is based in Park City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-15 Downey Trees

Cumming, Georgia, United States

Downey Trees has focused on serving commercial clients, property managers, and homeowners’ associations, becoming one of the largest local companies in the Southeast. Services include tree care, plant health care, vegetation management, retention pond management, and emergency response services. In addition to current offerings, clients will now have access to a wider range of services including professional lawn care, tick and mosquito treatments, deer deterrents, organic options, and consulting services. Downey Trees was formed in 1984 and is based in Cumming, Georgia.

Buy -
Mergr

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