Lincoln International represents Centre Lane Partners in its sale of Shemin Landscape Supply to John Deere Landscapes

Lincoln International represents Centre Lane Partners in its sale of Shemin Landscape Supply to John Deere Landscapes

PR Newswire

CHICAGO, March 20, 2015 /PRNewswire/ — Lincoln International LLC (“Lincoln International”), a leading global middle market investment bank, is pleased to announce that Centre Lane Partners (“CLP”) has sold Shemin Landscape Supply (“Shemin” or the “Company”) to John Deere Landscapes (“JDL”), a portfolio company of Clayton, Dubilier & Rice. Terms of the acquisition were not disclosed.

Lincoln International represents Centre Lane Partners in its sale of Shemin Landscape Supply to John Deere Landscapes

Shemin is a leading distributor and wholesaler of horticultural and landscape products to landscape professionals. It offers nursery stock ranging from woody ornamentals to annuals, perennials, specimens and groundcovers. The Company also provides commercial-grade tools, grass seeds, mulches, fertilizers, pesticides, stone and paver products, landscape irrigation and lighting products and pottery. Shemin operates 29 supply centers nationwide and is headquartered in Danbury, CT.

Lincoln International acted as the exclusive financial advisor to CLP and Shemin, working closely with the Company’s shareholders and senior management team throughout the sale process. “Lincoln International brought together business model and end market expertise to create a process that resulted in a successful transaction for the Company,” said Steffan Burns, Chief Executive Officer of Shemin. “Now we are very excited about the possibilities of combining Shemin and JDL, two industry leaders in the landscape supply services industry. We look forward to enhancing our mix of products and services while continuing to help our customers grow.”

Shemin represents the fourth transaction that Lincoln International has completed with CLP. The New York-based private equity firm acquired Sure Fit, Inc. as an add-on to its Focus Products Group International, LLC portfolio company in 2013, STACI Corporation as a new platform in 2014 and then EPM Global Services, Inc. as an add-on to STACI Corporation in 2014. All three transactions resulted from Lincoln International processes.

About Lincoln International

Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.

Media Contact: Kelly Neroda
kneroda@lincolninternational.com
(312) 506-1950

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SOURCE Lincoln International LLC

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