February 13, 2019
For Immediate Release
Caber Hill Advisors announced today that it assisted in the sale of Houston-based LMS, Inc. to Davey Tree. Caber Hill acted as the exclusive sell-side advisor to LMS. The transaction closed in January 2019 and was led by Peter Holton, Caber Hill's Managing Director for the Facilities Services industries.
Founded by Jeff Corcorran in 1986, LMS provides landscape and irrigation maintenance and new construction services to more than 60 commercial properties in the greater Houston area.
“LMS brings a talented team of professionals, and we are excited to welcome them to the Davey family,” said Dan Joy Executive Vice President of Davey Tree. “Like Davey Tree, LMS provides excellent landscape care while concentrating on the client experience and quality control. Now, we can focus on sharing our mission with the greater Houston area – together.”
Mr. Corcorran was drawn to Davey Tree because of their excellent reputation across the country.
“Having lived and worked in the area for 36 years, I always respected the Davey operations in Houston,” said Corcorran. “I want to assure our clients that we will continue to provide reliable and exceptional service. Additionally, our clients can now benefit from more comprehensive service offerings, including our employees having access to the Davey Institute, an industry-leading diagnostic and research facility.”
Mr. Corcorran also remarked on his experience working with the Caber Hill team.
“Selling a business is hard. It’s a big decision. Anyone who has had success and worked in their business for many years finds it difficult to let go. That was my situation. Had I not had a great partner in Peter Holton and Caber Hill Advisors I’m not sure I could have pulled it off,” he said.
Corcorran continued, “A word to the wise: If you’re thinking of selling your business start with a good partner like Caber Hill and you will achieve your goal."
About Caber Hill Advisors
Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.