Benchmark International Scsfly Fclt The Trnsctn Btw Premiere Lawn Service, Inc. & Monarch Landscape
Washingtoner/10211651

LYNNWOOD, Wash. - Washingtoner -- Benchmark is pleased to announce the transaction between Premiere Lawn Service, Incorporated, and Monarch Landscape Companies, a portfolio company of Audax Private Equity. The transaction creates a strategic expansion into the Washington state market.

Premiere Lawn Service, Incorporated, based in Lynnwood, Washington, has been operating successfully for over 25 years, providing full-scale landscape management and renovation services and high-level care for both commercial and residential clientele. It offers landscape renovation and special projects, irrigation management and renovation, and winter services such as snow removal and deicing applications, in addition to its other offerings.

Monarch Landscape Companies have delivered aesthetic excellence to commercial property owners and managers, general contractors, homeowners associations, and municipal customers up and down the West Coast, Colorado, and Texas for decades.

Audax Private Equity acquired Monarch Landscape Companies in 2022. Monarch Landscape is a Los Angeles-based commercial landscape management firm. Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $ 30 billion in capital.

More on Washingtoner

• Spokane: City Council Members Commends Unified Wildfire Response
• National Night Out in Spokane Cancelled Due to Wildfire Conditions
• Haven Treatment Center Achieves IMD Certification, Expanding Access to Residential Care
• U.S.-Arab Trade Reaches $121.7 Billion, But the Stakes Are Rising
• HER Patio Productions celebrates one-year Anniversary of "Say Grace"

Benchmark International brought multiple buyers to the table, ultimately resulting in an offer that both parties were aligned on and excited to move forward with. Of course, there can always be bumps in the road throughout the process. However, the buyer and seller took these in stride, with their goals being aligned to cross the finish line and bring these two companies together.

Benchmark International's Transaction Associate Emilia Muniz noted, "This opportunity was a pleasure to work on from start to finish. Both teams were prepared to do what was necessary to help facilitate this transaction in the time period allotted, and we look forward to seeing what is in store as they continue to grow the business in the coming days."

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com

Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com

ABOUT BENCHMARK INTERNATIONAL:

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $9.4 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International's transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook's Global League Tables.

More on Washingtoner

• Working Musicians Academy Partners with Black Dog Music Partners to Give Musicians Independent, Income-Producing Careers
• Spokane: Community Resources Available to Those Impacted by Fires
• Spokane Police Urge Public to Stay Out of Fire Evacuation Areas
• Spokane launches wildfire relief fund
• VFW Mobilizes to Support Members and Communities Affected by Eastern Washington Wildfires

Website: http://www.benchmarkintl.com
Blog: http://blog.benchmarkcorporate.com