HCI Equity Partners, a lower-middle-market private equity firm, has made an investment in Grasshopper Lawns Inc.
Headquartered in Larksville, Penn., Grasshopper offers lawn care treatment services to residential customers across Eastern Pennsylvania. The company provides a range of services including lawn treatment and fertilization, aeration, mosquito and pest control and tree and shrub services.
“We’ve enjoyed our time getting to know the HCI team and firmly believe partnering with them will provide us with the resources and support needed to provide increased opportunities to our family of employees, accelerate our growth initiatives, expand our service offerings and ultimately deliver an even better experience to our valued customers,” states Michael Kravitsky IV, Grasshopper owner and president.
Quarles & Brady served as legal counsel to HCI. LR Tullius represented and acted as financial advisor to Grasshopper Lawns on the transaction.