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.
