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Benchmark International Successfully Facilitated The Transaction Between Premiere Lawn Service, Inc. And Monarch Landscape Companies

April 26, 2023

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.  

“Thank you Emilia and your team very much for all the work that you did to assist with the sale." - Nathaniel "Joel" Coon, Owner/President of Premiere Lawn Service, Incorporated

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. 

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.” 

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