Preservation Tree Services, one of Dallas/Fort Worth’s premier professional tree care companies, has announced that its executive management team has entered into an ownership transition agreement with its owner and founder, Harold Spiegel, to acquire 100% of the company. Aventine Hill Partners acted as advisor on the ownership transition and the structure of the transaction.
“Preservation Tree has been a major focus of my life for the past two decades," Spiegel said. "I am grateful to have had the opportunity to create such a unique company with outstanding partners, employees and clients. I’ve personally picked and trained the entire management team, who are now in charge, and have absolute faith that they will continue the tradition of arborist-led solutions with the quality control that our clients have come to expect.”
AJ Thibodeaux, the recently named chief executive officer of Preservation Tree, added, “Mr. Spiegel’s vision and passion for protecting and preserving our Urban Forest will be missed, but absolutely not forgotten. All of us at Preservation Tree Services are committed to Mr. Spiegel’s vision and will work diligently to ensure Preservation Tree Services is here preserving, protecting, pruning and caring for your trees well into the future.”
In addition to Thibodeaux, the other members of the executive management team are Pauline Perry, chief financial officer; Andrew Spiegel, chief operating officer; and Billy Cook, chief arborist. The executive management team has 49 combined years of experience with the company. Spiegel is in the process of relocating to a farm in the United Kingdom where he plans to enjoy his retirement and maintain his connection to the outdoors, attending to his twin passions of trees and animals.
About Preservation Tree Services. Preservation Tree Services sets the standards for tree care and provides sustainable, science-based tree care expertise to residential, municipal and commercial clients throughout the Dallas-Fort Worth area. In 2015, Preservation Tree will mark its 20th anniversary of operations.
About Aventine Hill Partners. Aventine Hill Partners is a Texas-based professional services firm that assists companies in aligning operations and infrastructure with strategic goals. Aventine Hill Partners has offices in Dallas, Houston, San Antonio and Austin. For more information, visit their website.