Gridiron Capital has invested in Weed Man, an Ontario, Canada-headquartered lawn care franchisor, for undisclosed terms. Founded in 1970, Weed Man is the largest lawn care franchisor in North America, serving over 800,000 households across approximately 1,000 exclusive territories in 39 US states and 10 Canadian provinces. The company operates through a mix of corporate-owned branches and franchisee-owned locations, supported by centralized training, marketing, and proprietary technology.
Gridiron plans to support geographic expansion, customer acquisition, and franchise network investment using its operational resources and centers of excellence. The deal builds on Gridiron’s experience with residential services businesses, including Leaf Home, Erie Home, Legacy Service Partners, Greenix, and Garage Co. Chris King, managing director at Gridiron, praised Weed Man’s brand and operating model. CEO Jennifer Lemcke and the existing management team will continue to lead the company.
Harris Williams and Ropes & Gray advised Gridiron, while KPMG Corporate Finance and Torys advised Weed Man. The news brief was produced with AI assistance.
Источник: PE Hub · Сводку подготовил HeadlinesBriefing