TruServe Groundscare Inc.

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TruServe Groundscare Inc. - overview

Established

1973

Location

Markham, ON, Canada

Primary Industry

Business Support Services

About

TruServe Groundscare Inc. delivers essential commercial landscaping and snow management services to businesses and property managers across Canada, ensuring safety and aesthetics in outdoor environments. TruServe Groundscare Inc. , founded in 1973 in Markham, Canada, specializes in comprehensive landscaping and snow management services.


In December 2020, the company was acquired by Riverside Company, though the financial details were not disclosed. Clintar specializes in comprehensive commercial landscaping and snow management services tailored for a diverse clientele, including businesses, property managers, and organizations across Canada. Their core offerings encompass landscape management, snow and ice management, landscape enhancements, and parking lot maintenance. The company aims to provide solutions that enhance the aesthetic appeal and safety of outdoor spaces, addressing challenges such as seasonal weather impacts and the need for ongoing property maintenance.


With over 50 years of industry experience, Clintar has developed a reputation for reliability and professionalism, ensuring that clients receive tailored services that meet their unique requirements. Their geographical market extends beyond their headquarters, serving clients in various urban and suburban settings across Canada. Clintar operates within a revenue model that primarily revolves around B2B transactions, focusing on partnerships with commercial property owners and managers. The company engages clients through service contracts that can encompass seasonal agreements for both landscaping and snow management services.


This transactional structure allows Clintar to provide consistent and reliable service tailored to the needs of each property. Pricing plans are structured to reflect the comprehensive nature of their services, which may include regular maintenance schedules, one-time enhancements, and emergency snow removal. Clintar's commitment to delivering high-quality service ensures that clients experience value that aligns with their budgetary considerations and outdoor maintenance goals. Following the acquisition on December 14, 2020, by Riverside Company, TruServe Groundscare Inc.


plans to leverage its enhanced resources to innovate and expand its service offerings. The company aims to design new landscaping products, with anticipated launches slated for mid-2023. Additionally, TruServe intends to penetrate new markets within the Canadian provinces, particularly focusing on British Columbia and Alberta by the end of 2023.


Current Investors

The Riverside Company

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services

Website

www.clintar.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

TruServe Groundscare Inc. - 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-onCompletedmilliCare Floor & Textile Care-
BuyoutCompletedTruServe Groundscare Inc.-

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TruServe Groundscare Inc. - employee data

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