In this The Edge article, Jim Houston, vice president general manager, Eastern Operations, U.S. Residential/Commercial Services and Commercial Landscape Services shares what goes into a successful acquisition transition.
Mergers and acquisitions are quite common in the lawn and landscape industry, whether it be private equity firms or other businesses wishing to expand their current offerings.
While it can be an effective growth strategy to bring in new talent and strengthen your existing market position, communicating this change properly with your team before and after an acquisition is crucial. Change is hard and if you say too much before the ink has dried, you can spook a deal but failing to message what is going on after a merger can be just as detrimental.
To read what advice Houston has to share, click here.
The Davey Tree Expert Company provides research-driven tree services, grounds maintenance and environmental and utility infrastructure consulting for residential, utility, commercial and environmental partners in the U.S. and Canada. Established in 1880 and headquartered in Kent, Ohio, Davey has over 12,000 employees who create and deliver sustainable solutions. Davey continues to grow through expertise with the SEED Campus, its newest commitment to training, research and safety. Become part of the Davey legacy by applying today and join one of the top ten largest employee-owned companies in the U.S.