Asplundh Tree Expert, LLC

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Asplundh Tree Expert, LLC - overview

Established

1928

Location

Willow Grove, PA, US

Primary Industry

Power & Utilities

About

Asplundh Tree Expert, LLC is a vegetation management company that offers essential utility infrastructure services, including tree pruning and emergency storm response, to various clients across multiple sectors. Asplundh Tree Expert, LLC specializes in vegetation management services, catering primarily to electric utility companies, municipalities, and railroads. Founded in 1928 in Willow Grove, US, the company has maintained a consistent focus on utility infrastructure management. The firm's leadership includes CEOs Laura Wilson and Matt Asplundh.


In June 2017, CVC Capital Partners acquired Asplundh Tree Expert, LLC, although the financial terms of the deal were not disclosed. Asplundh specializes in providing comprehensive vegetation management and utility infrastructure services. Their core offerings include tree pruning, removals, right-of-way clearing and maintenance, emergency storm response, and logistical support. These services are designed to address the needs of a diverse client base, including electric utility companies, municipalities, pipelines, and railroads.


Asplundh's solutions are utilized in various scenarios, from routine maintenance to emergency responses during catastrophic weather events such as hurricanes and tornadoes. The company operates in multiple geographical markets, including the United States, Canada, Australia, and New Zealand, focusing on environmentally sustainable practices to support international greenhouse gas reduction efforts. Asplundh generates revenue through B2B transactions with electric utility companies and other institutional clients. The company's services are typically contracted on a project basis, where clients engage Asplundh for specific vegetation management tasks or utility infrastructure support.


Pricing structures can vary based on the scope and complexity of services, with contracts often defining terms for emergency response services and routine maintenance. The company’s ability to mobilize quickly in response to emergencies adds significant value to their offerings, often resulting in long-term partnerships with clients. Asplundh's commitment to safety and sustainability also plays a crucial role in its service delivery, enhancing its reputation in the industry. In the wake of the acquisition by CVC Capital Partners in June 2017, Asplundh Tree Expert, LLC is positioned to leverage its resources for expansion.


Upcoming products and services are in the design phase, aimed at enhancing their existing offerings and addressing new market demands. The company plans to expand into additional markets within North America and explore opportunities in Europe by 2025, utilizing support from recent funding to bolster its operational reach and capabilities.


Current Investors

CVC Credit Partners

Primary Industry

Power & Utilities

Sub Industries

Facilities & Maintenance Services, Waste Management, Forestry & Timber

Website

www.asplundh.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Asplundh Tree Expert, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedFitzwater Outdoor Maintenance-
Add-on, Trade SaleCompletedBobcat Power, LLC-
Add-on, Trade SaleCompletedVoltyx Energy Solutions-
GrowthCompletedAsplundh Tree Expert, LLC-

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