Carter Morse & Mathias ("CMM") is pleased to announce that it served as the exclusive financial advisor to SavATree in its sale of a majority interest to an affiliate of the New York-based private equity firm CI Capital Partners. SavATree is a leading provider of tree, shrub and lawn care services headquartered in Bedford Hills, New York. Terms of the transaction were not disclosed.

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SavATree, the green choice for tree, shrub and lawn care, provides environmentally sensible services to residential, commercial, community and government properties in the Northeast, Mid-Atlantic, Midwest and Western regions. Property stewardship programs feature organic and hybrid plant health care, general tree care and lawn care - all highly customized to meet the needs each landscape and its steward. Services include tree and shrub pruning, hazard tree removal, insect and disease management, deer deterrence, lawn care as well as tree and shrub nutrient/fertilization programs.

Since 1985, under the leadership of Daniel van Starrenburg, who will remain CEO, SavATree has expanded through both organic growth and eleven strategic add-on acquisitions. Mr. van Starrenburg, CEO of SavATree, said, "Michael Carter and the team at CMM understood our business and objectives and provided us valuable advice throughout this process. Going forward, we look forward to working with CI Capital to further expand SavATree's business throughout the United States, while providing the same high level of service our customers expect."

Michael Carter, Managing Director of CMM, explained, "We are very proud of working with Daniel and his management team to close this transaction. SavATree has built an impressive company that will continue to grow both organically and through acquisitions. We have thoroughly enjoyed working with both CI Capital and SavATree management and we wish the team continued success."

CI Capital Partners LLC, a leading North American private equity investment firm with approximately $2.4 billion in assets under management, has been investing in middle-market companies since 1993. Since inception, CI Capital and its portfolio companies have made over 230 acquisitions representing over $8 billion in enterprise value.

Other transaction advisors for SavATree included White & Case LLP, who served as legal advisors, Janover LLC has been the company's auditing firm, and Burruano Dolan LLP, who served as tax advisors.