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 »

Lakeland Equipment and Z&M Ag and Turf Announce Merger, New Partnership with Argonne Capital Group

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New Partnership to be called LandPro Equipment, Will Create Largest John Deere Dealer in the Northeast Lakeland Equipment and Z&M Ag and Turf, Western New York’s two John Deere dealers, today announced a new partnership with Argonne Capital Group. The two dealer groups will merge their assets into a new company called LandPro Equipment, LLC… Read more »

Argonne Capital Group Recapitalizes 10-Unit Planet Fitness Franchisee

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HARRISBURG, PA & ATLANTA, GA – April 1, 2016 – Argonne Capital Group, LLC (“Argonne Capital” or “Argonne”) today announced that a newly-formed affiliate, National Fitness Partners (“NFP” or the “Company”), undertook a majority recapitalization of a 10-unit Planet Fitness franchisee headquartered in Harrisburg, PA. The franchisee’s sellers include the Kindler family, who are veterans… Read more »

Lube Stop Announces Acquisition of Oil Wizard

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CLEVELAND, ATLANTA & PRINCETON, IL – March 3, 2016 – Lube Stop, a 49 unit quick service oil change company headquartered in Northeast Ohio,  announced that it has acquired the assets of Oil Wizard, a 2 unit quick service oil change operator with locations in Princeton and Peru, Illinois. “Oil Wizard has proudly served the… Read more »