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SC&H Capital Seeks Investor or Buyer for Moon Group

September 22, 2021, 07:00 AM
Filed Under: Industry News
Related: SC&H Capital

By order of the U.S. Bankruptcy Court, District of Delaware, SC&H Capital, a leading investment bank specializing in M&A advisory, has been retained as the exclusive investment banker to Moon Group, Inc. (“Moon” or “the Company”) to explore strategic options, including a sale of the Company.  

Moon is a strategically diversified holding company in Chesapeake City, Maryland that is well-positioned within the commercial market. Its customer base consists of large municipalities, hospitals, universities, and one of the largest cemetery operators in the U.S. Moon has three complementary operating subsidiaries:

  1. A nearly 900-acre plant nursery, the oldest in the U.S., that grows a large variety of trees, shrubs, and perennial plants.
  2. A suite of landscaping and hardscaping services offering conceptual design support, construction, and installation. 
  3. Complete grounds management services including turf management, landscape maintenance, mature tree care, irrigation systems, night scaping and snow removal.

In late 2019, Moon agreed to substantially expand the services offered to the cemetery operator by slowly absorbing their existing site maintenance operations and corresponding employees; by December, Moon’s revenue had grown by 180% year-over-year. Due to working capital challenges, the Company filed for chapter 11 to secure adequate working capital or sell the business to an operator with the financial backing to allow the Company to continue to capitalize on its opportunities for growth. An accelerated process is underway.

Hank Waida, Principal at SC&H Capital said, “The Moon management team has built an extremely experienced and loyal work force and deep relationships with their customer base. The Company is positioned for continued success once properly funded.”


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