Kirkland and Paul, Weiss Lead as Apax Buys SavATree

Kirkland & Ellis advised Apax Partners on an agreement by its affiliated funds to buy CI Capital Partners portfolio company SavATree.

Paul, Weiss advised SavATree, a provider of tree, shrub and lawn care services, on the transaction. No financial terms were disclosed, according to a statement. The transaction is expected to close in the fourth quarter.

SavATree was founded in 1978 with the sole objective of saving trees from damage caused by the gypsy moth caterpillar, according to its website. With headquarters in Bedford Hills, N.Y., the company has since added lawn care, deer deterrence, tick management, and holiday lighting ...