Grass is Greener for Beary Landscaping with New Growth Partner
Livingstone’s Business Services team is pleased to announce that Beary Landscaping (“Beary” or the “Company”) has been sold to Silver Oak Services Partners (“Silver Oak”). Deal terms were not disclosed.
Beary is a leading commercial landscaping and snow & ice removal services provider offering recurring, contracted landscape management programs to commercial properties, utilities, multi-family communities, retail centers, schools and university campuses, and government facilities. In addition, Beary provides landscaping design and installation services to commercial and retail customers. Over its nearly 40-year history, Beary has become a premier landscaping services provider with six locations throughout the Greater Chicagoland Area and adjacent geographies in Illinois and Indiana.
Livingstone conducted a comprehensive sale process, generating significant buyer interest for the asset. “This successful acquisition represents a milestone in our journey and is a testament to Livingstone’s hard work. By joining forces with Silver Oak, we’re now well-positioned to pursue new growth opportunities and accelerate the Company’s development as a premier platform in the landscaping industry,” noted Brian Beary, President of Beary.
“This deal was about fostering a partnership built on shared aspirations. Beary aligns closely with Silver Oak’s services-focused investment philosophy and will serve as a market-leading platform enabling future synergistic acquisitions and geographic expansion opportunities,” added Rob Tymowski, Managing Director at Livingstone.
“The Beary transaction highlights Livingstone’s commitment to delivering outstanding outcomes for family-owned and entrepreneur-led clients. We are proud to have represented the Beary team and look forward to the Company’s next chapter of growth in partnership with Silver Oak,” commented Karl Freimuth, Partner at Livingstone.
This sale of Beary represents another successful Business Services transaction, Livingstone’s 54th since 2020, following advisory mandates for the sale of Kimco Facility Services, Terra Staffing Group’s acquisition of ASG Staffing, and the sale of KGPCo.
Pedersen & Houpt acted as legal advisor, and Baker Tilly provided transaction-related accounting services to Beary.
WE ARE Unrelenting Advocates
We know our trade - and don't just sell figures. We develop a convincing story for your sale, which brings together all the essential aspects into a coherent overall picture.WE ARE Unrelenting Advocates
We know our trade - and don't just sell figures. We develop a convincing story for your sale, which brings together all the essential aspects into a coherent overall picture.WE ARE Unrelenting Advocates
We know our trade - and don't just sell figures. We develop a convincing story for your sale, which brings together all the essential aspects into a coherent overall picture.
- "This successful acquisition represents a milestone in our journey and is a testament to Livingstone’s hard work. By joining forces with Silver Oak, we’re now well-positioned to pursue new growth opportunities and accelerate the Company’s development as a premier platform in the landscaping industry."Brian Beary, President, Beary Landscaping
- Karl Freimuth
Partner Chicago
"The Beary transaction highlights Livingstone’s commitment to delivering outstanding outcomes for family-owned and entrepreneur-led clients. We are proud to have represented the Beary team and look forward to the Company’s next chapter of growth in partnership with Silver Oak." - Robert Tymowski
Managing Director Chicago
"This deal was about fostering a partnership built on shared aspirations. Beary aligns closely with Silver Oak’s services-focused investment philosophy and will serve as a market-leading platform enabling future synergistic acquisitions and geographic expansion opportunities."
Key Transaction Team
Additional Insights
- Arcline-Backed DwyerOmega Acquires MiljocoLivingstone’s Industrial Technology team is excited to announce its role as financial advisor to Arcline Investment Management in its acquisition of Miljoco Corp. LLC through its portfolio company, DwyerOmega, a leading provider of sensors and instrumentation solutions worldwide.
- Livingstone Advises on the Sale of Stratus Group to NDHLivingstone is pleased to announce that its client Stratus Group, LLC (“Stratus” or the “Company”) has been acquired by NDH Advisors LLC (“NDH”) a portfolio company of Unity Partners LP (“Unity Partners”). The transaction closed in November 2023; terms were not disclosed.
- Livingstone advises TSD Global on its sale to MovateLivingstone has advised on the sale of TSD Global (“TSD” or the “Company”) to Movate Inc. (“Movate”), a portfolio company of Capital Square Partners. Livingstone acted as exclusive financial advisor to TSD. Transaction terms were not disclosed.
- Prominence Advisors has been recapitalized by Shore Capital PartnersLivingstone advised Prominence Advisors, the leading technology and consulting provider for healthcare organizations, on its transaction with Shore Capital Partners. This represents another successful Business & Technology Services transaction for Livingstone following the sales of Fusion Alliance...