Exited Investment
Fairway Lawns
Prairie Capital Fund VI
| Location | Little Rock, AR |
| Transaction Type | Growth Buyout with Management |
| Investment Date | December 2019 |
| Exit Date | May 2022 |
| Buyer | Morgan Stanley Capital Partners |
| Business | Provider of residential lawn treatment and pest control services |
| Industry | Consumer |
Investment Rationale
- Proven organic growth strategy via de novo location openings
- Significant footprint and market position in attractive geography
- Strong customer and employee retention
- Large, diverse and growing customer base
- Highly fragmented market with favorable macro trends
Value Add
- Human Capital
- Sales & Marketing
- Technology
- Infrastructure
- Add-on Acquisitions
TEAM:
The team at Prairie Capital has provided thoughtful leadership and valuable resources that have been key to our success at Fairway. Our partners at Prairie are proven leaders and guides, but also friends to me and my team.