07/08/2020
Citizens M&A Advisory served as exclusive financial advisor to Gunnison Tree Services on its recapitalization by Warren Equity Partners
PROVIDENCE, RI – Citizens M&A Advisory served as the exclusive financial advisor to Gunnison Tree Services, LLC, a leading provider of comprehensive tree and vegetation management services, on its recapitalization by Warren Equity Partners, a Jacksonville, FL-based lower middle market private equity fund.
Founded in 1999, Gunnison is one of the most recognized tree and vegetation management brands in the Southeastern United States, providing expert services to utility, government, residential and commercial clients. Leveraging its foundation in highly technical residential tree removals and professional customer service, Gunnison has quickly established itself as a critical partner to large utilities and local utility cooperatives by providing unmatched vegetation management solutions.
Matt Cathell, Founder & President of Gunnison Tree Services, said: “David Morse and the Citizens team provided unparalleled service, acting as trusted advisor and even directly supporting our operations. Citizens invested the time to truly understand Gunnison, expertly positioned the opportunity to a targeted set of potential partners, and designed a customized process tailored to our objectives. The dedication of the Citizens team resulted in a fantastic outcome for Gunnison, as they found the ideal partner to actively support our continued growth and evolution.”
David Morse, Director with Citizens, said: “Gunnison’s exceptional growth is a testament to its best-in-class service and customer value proposition. Matt Cathell has built an impressive, growth-oriented organization and sought a partner to support Gunnison's continued expansion through both organic and acquisition initiatives. Warren Equity’s expertise in infrastructure services, partnership approach, and extensive operating resources are a perfect fit for Gunnison. We look forward to the Company’s continued growth and success.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions as well as later-stage financing transactions. Citizens combines sector intelligence with a client-focused approach to realize our clients’ true value. The Citizens team has closed more than 130 transactions in the last five years and has more than 80 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $176.7 billion in assets as of March 31, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,800 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
