Argonne Capital Group Announces Closing of $1 Billion in Continuation Vehicles, Four Executive Appointments as Firm Pursues a New Era of Growth

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ATLANTA, July 13, 2023 /PRNewswire/ — Argonne Capital Group, LLC announced the completion of two recapitalizations and added to its executive ranks as the firm institutionalizes and seeks to propel future growth. Argonne Capital Group, LLC (“Argonne”) completed a recapitalization of National Fitness Partners (“NFP”), an Argonne portfolio company since 2016 that is now one of the largest… Read more »

Schill Grounds Management Acquires TLC to Spur Growth in Canada, and Grounds Elite in Cincinnati

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LONDON, ONTARIO (CANADA) — JULY 20, 2022 — Schill Grounds Management is expanding into Canada through the acquisition of TLC Landscaping in London, Ontario as the company offers best-in-class commercial landscaping and snow and ice removal services to clients of all sizes in the region. TLC will continue operating with that name as it joins the… Read more »

Schill Grounds Management Partners with Enviroscapes to Expand into Akron/Canton and Youngstown markets, Sets Stage for Future Growth in Upper Midwest

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NORTH RIDGEVILLE, OHIO — JAN. 19, 2022 — Schill Grounds Management (“Schill” or the “Company”), a leading commercial landscaping and snow and ice removal service provider, is pleased to announce the acquisition of Enviroscapes, a family-owned landscaping business serving customers in Ohio, Pennsylvania and West Virginia. Based in Louisville, Ohio, Enviroscapes serves hundreds of commercial customers… Read more »

Schill Grounds Management, a Portfolio Company of Argonne Capital Group, Purchases The Ohio Valley Group’s Commercial Division in Carve-Out Acquisition

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NORTH RIDGEVILLE, OH — FEB. 4, 2021 — Schill Grounds Management is pleased announce it has purchased the commercial division of The Ohio Valley Group in a carve-out acquisition that expands Schill’s service area to the east side of Cleveland. Schill will take over all of The Ohio Valley Group’s commercial customer accounts for office, retail,… Read more »

National Fitness Partners Grows Footprint, Acquires 16 Planet Fitness Clubs in Ohio and Pennsylvania

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CAMP HILL, PA., CHARLOTTE, N.C. AND ATLANTA, GA., JAN. 21, 2021 – Today, National Fitness Partners (“NFP” or the “company”) announced the acquisition of 16 Planet Fitness clubs, including 15 locations in the greater Cleveland and Akron-Canton, Ohio markets and one location in central Pennsylvania from two different sellers (the “transaction”). The transaction, which was… Read more »

Argonne Capital Invests in Schill Grounds Management,Simultaneously Completes First Tuck-In Acquisition

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Argonne Capital Group is pleased to announce it has made a controlling investment in Schill Grounds Management, a privately held commercial landscaping company based in Cleveland, Ohio. ATLANTA – September 21, 2020 Proceeds from the investment funded shareholder liquidity and the acquisition of McCoyLandscape Services, a complementary landscaping company in Marion, Ohio. The investment paves… Read more »

Argonne Capital Successfully Closes $530mm Continuation Fund Vehicle

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Innovative liquidity solution involves six Argonne limited partnerships May 21, 2018 10:53 AM Eastern Daylight Time ATLANTA–(BUSINESS WIRE)–Argonne Capital Group, a closely-held private investment firm based in Atlanta, GA, has completed a transaction in which a consortium of blue-chip institutional investors has invested approximately $530mm in six companies controlled by Argonne. Glendower Capital led the… Read more »

National Fitness Partners Acquires 12 Clubs from Planet Fitness Franchisee

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HARRISBURG, PA, CHARLOTTE, NC & ATLANTA, GA – May 17, 2017 – Argonne Capital Group, LLC (“Argonne Capital” or “Argonne”) today announced that its portfolio company, National Fitness Partners (“NFP” or the “Company”), has acquired 12 Planet Fitness clubs operating in the Charlotte, NC metro area from GNT Holdings, LLC (“GNT”).  This acquisition more than… Read more »