Feb 2022 | Michigan

Tuff Turf Molebusters Acquired By Credo Private Capital

We are pleased to share the sale of our client, Tuff Turf Molebusters, to Credo Private Capital. The transaction closed February 28, 2022.

Tuff Turf Molebusters (Tuff Turf) is a pest control and fertilizer services company located in Byron Center, Michigan. The company has experienced solid growth and continued profitability during its 25+ years in business and is well-positioned for continued growth.

The company is a seven-time Super Service Award winner with Angie’s List. This award is only given to the top 5% of companies nationwide that show great customer service and quality work. Tuff Turf is an A+ accredited business with the Better Business Bureau.

Credo Private Capital (Credo) was formed to provide business owners and management teams access to an investment partner that does not have the constraints associated with traditional private equity.

Credo is a long-term investor that believes companies should be operated based on what is best for the business, its employees, and its customers. With no pre-determined investment timelines, Credo’s ownership is akin to a 2nd generation business owner.

The principals of Credo have been involved in 20+ transactions comprising $300+ million of invested capital over the last 15 years, consisting of companies ranging in size from $1 million to over $30 million of EBITDA across a wide variety of industries including manufacturing, value-add distribution and business services.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Sr. Managing Director Northeast Region, Doug Smith, with support from Managing Director, Mergers & Acquisitions, Ryan Johnson, successfully closed the transaction. Senior Managing Director Roger Dean established the initial relationship with Tuff Turf.

“The Tuff Turf Molebusters brand is known throughout Michigan and was a major factor in this deal closing,” said Smith.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Food, Beverage & Consumer Products/Services page.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Retail page.

Generational can help business owners, buyers and investors to make the most of M&A opportunities during 2024. Find an Executive Conference near you or get in contact with our expert advisors today.