- Quarles & Brady served as legal counsel to HCI
- Based in Washington, D.C., HCI invests in lower middle market distribution, manufacturing and service companies
HCI Equity Partners has made a majority investment in Butler, Pennsylvania-based Custom Lawn Care Inc, a lawn care treatment services provider. No financial terms were disclosed.
Custom is led by brothers Rick and Robb Ritenour, who will remain with the company and continue to run the day-to-day operations.
On the transaction, Doug McCormick, a managing partner at HCI, said in a statement, “Our vision is to build a leading player in the lawn care industry, and Custom is a strong addition. Custom brings an excellent customer-focused service model and expands the platform to a second market in Pennsylvania. We look forward to partnering with the Ritenour family and entire Custom team.”
Quarles & Brady served as legal counsel to HCI.
Based in Washington, D.C., HCI invests in lower middle market distribution, manufacturing and service companies.