What Companies Does Asplundh Own?

What companies does Asplundh own? This question often arises when discussing the largest utility line clearance and vegetation management firms in the United States. Asplundh Tree Expert, LLC, founded nearly a century ago, has grown into a sprawling network of specialized subsidiaries that serve utility companies, municipalities, and railroads. The company operates under various names across North America and beyond, but all share one central goal: to maintain vegetation and infrastructure efficiently and safely.

Asplundh Company Profile

Asplundh Tree Expert, LLC is one of the largest privately-owned utility and vegetation management companies in the world. Headquartered in Willow Grove, Pennsylvania, the company specializes in utility line clearance, tree pruning, vegetation control, and infrastructure support services. Its clients primarily include electric utilities, municipalities, railroads, and other infrastructure operators.

The company is renowned for its focus on safety, reliability, and efficiency. With over 35,000 employees operating in the United States, Canada, Australia, and New Zealand, Asplundh is often the go-to contractor for storm recovery, power line maintenance, and right-of-way clearing.

Founders

Asplundh was founded in 1928 by three brothers:

• Griffith Asplundh – an electrical engineer
• Lester Asplundh – a financial expert
• Carl Hjalmar Asplundh – a skilled arborist.

Together, they blended their talents in engineering, finance, and arboriculture to create a company specifically focused on line clearance for electric utilities. At the time, this was a relatively new field, but they saw the growing need for professional and safe vegetation management as utility lines expanded across the country.

Company Details

• Founded: 1928
• Headquarters: Willow Grove, Pennsylvania, USA
• Ownership: Privately held by the Asplundh family
• Employees: Over 35,000 (2025 estimate)
• Industry: Vegetation management, infrastructure services, utility contracting
• Global Operations: United States, Canada, Australia, New Zealand.

Asplundh remains a family-owned company and is not publicly traded. Over the years, it has grown by adding subsidiaries, entering new geographic markets, and expanding its services beyond just tree trimming.

Major Milestones

• 1928 – Asplundh Tree Expert Co. is established by the Asplundh brothers in Pennsylvania.
• 1940s–1950s – Rapid growth as utility infrastructure expands across the U.S.
• 1970s – Begins formal safety and training programs that become industry benchmarks.
• 1980s – Invests in technology and specialized equipment, including aerial lifts and custom fleet vehicles.
• 1990s – Expands into Canada and adds new service lines such as utility infrastructure support.
• 2000s – Launches UtiliCon Solutions, Ltd., expanding into metering, cable testing, and smart grid support.
• 2010s – Acquires Aerial Solutions and enters the international market in Australia and New Zealand.
• 2017 – Faces a significant legal and reputational challenge due to illegal hiring practices, resulting in major compliance restructuring.
• 2020s – Becomes one of the primary contractors for storm response and disaster recovery across North America.
• 2025 – Operates over 100 subsidiaries, continues international expansion, and remains a market leader in its sector.

List of Companies Owned by Asplundh

Asplundh Tree Expert, LLC, widely known for its tree pruning and vegetation management services, has grown into a significant player in the utilities and tree care industry. The company operates through various subsidiaries and brands, each contributing to different aspects of the business, from tree services to specialized equipment and technology.

Below is a list of the companies and brands owned by Asplundh as of 2025:

Asplundh Tree Expert Co.

Asplundh Tree Expert Co. is the core company under the Asplundh umbrella, providing tree trimming, vegetation management, and related services to utilities and municipalities across North America. Established in 1928, it has become one of the largest tree care and utility vegetation management companies in the world.

The company’s services help reduce power outages and maintain the health of trees and other vegetation near utility lines. Asplundh’s workforce includes certified arborists and skilled professionals, ensuring high-quality service to a variety of industries.

Asplundh Construction Services, Inc.

Asplundh Construction Services, Inc. specializes in providing infrastructure and construction solutions for utility companies, focusing on areas like electric and telecommunications systems.

This subsidiary works in the areas of underground utility installation, maintenance, and line construction. By leveraging advanced technology and equipment, Asplundh Construction Services enhances the efficiency and safety of construction projects that support vital infrastructure for communities and industries.

Asplundh Tree Service

Asplundh Tree Service is another key brand under the Asplundh name, focusing primarily on providing tree care and maintenance services for residential and commercial customers.

These services include pruning, removal, and emergency tree care, ensuring the safety of properties and their surroundings. The brand is known for offering top-tier tree health management, using specialized equipment to perform services in an environmentally responsible way.

Asplundh Environmental Services

This subsidiary focuses on offering environmental solutions such as land management, habitat restoration, and invasive species control. Asplundh Environmental Services works with private, government, and municipal organizations to improve environmental sustainability through proactive vegetation management practices.

Their services often overlap with ecological research, conservation efforts, and environmental restoration projects aimed at preserving natural landscapes.

Asplundh Equipment Company

The Asplundh Equipment Company designs, manufactures, and supplies specialized vehicles and equipment used in vegetation management and tree care. These include bucket trucks, aerial devices, tree trimming tools, and other machinery essential for utility and municipal work.

By focusing on equipment innovation, Asplundh Equipment Company ensures that its customers have access to the safest and most efficient tools for their vegetation management tasks.

Asplundh Utility Services, LLC

Asplundh Utility Services, LLC, is dedicated to providing comprehensive utility maintenance services. This subsidiary offers expertise in the construction and maintenance of electrical systems, including powerline installation and repairs, as well as storm restoration services. By maintaining a strong focus on reliability and safety, Asplundh Utility Services helps utilities across North America keep their electrical grids running smoothly.

Asplundh Forestry Services

Asplundh Forestry Services is a branch of the company that deals specifically with forestry-related projects, offering tree removal, timber management, and site clearing.

This subsidiary is geared toward larger-scale operations, particularly those involving land clearing for construction or development projects. Asplundh Forestry Services is also involved in managing timber resources, ensuring sustainable practices, and compliance with forestry regulations.

Asplundh Urban Forestry

Asplundh Urban Forestry provides specialized tree care services for urban environments, focusing on the challenges of maintaining tree health and safety in densely populated areas.

The brand offers services such as tree planting, pruning, and care for municipal parks, roadways, and commercial properties. Their goal is to improve urban landscapes by ensuring the longevity and vitality of trees in cities, which can improve air quality and overall urban aesthetics.

Asplundh Vegetation Management, Inc.

Asplundh Vegetation Management, Inc. is responsible for overseeing the company’s vegetation management projects, which are critical for utility companies, especially those involved in electricity transmission and distribution.

The subsidiary’s work includes controlling vegetation near power lines, ensuring that trees and other growth do not interfere with the safe operation of power systems. Asplundh Vegetation Management is known for its safety-first approach, using both manual and mechanical methods to manage vegetation growth effectively.

Asplundh Holdings, LLC

Asplundh Holdings is the parent company overseeing the diverse operations of Asplundh’s subsidiaries and brands. While not a direct service provider, Asplundh Holdings plays a strategic role in managing acquisitions, investments, and overall company operations.

It ensures that all subsidiaries align with the company’s core mission of providing safe and reliable tree care and vegetation management services. Asplundh Holdings also plays a key role in expanding the company’s footprint by acquiring new businesses and expanding into new markets.

Asplundh International

Asplundh International manages the company’s operations outside of North America, bringing its tree care and vegetation management services to global markets. With a presence in several international locations, Asplundh International extends the company’s high standards of service and reliability across borders.

Its international operations support global utility services and municipal projects, demonstrating Asplundh’s ability to adapt to diverse environmental conditions and local regulations.

UtiliCon Solutions

UtiliCon Solutions is a subsidiary of Asplundh Tree Expert that specializes in utility infrastructure services, with a strong focus on underground and overhead line construction. This company provides comprehensive services in the electrical, telecommunications, and transportation sectors.

Its offerings include the installation of utility lines, underground cable systems, and electrical substations, as well as providing electrical testing and meter reading services. Additionally, UtiliCon Solutions is involved in traffic signal installation and maintenance, ensuring safe and effective traffic flow in urban areas. The company’s expertise in both electrical systems and civil engineering allows it to deliver high-quality, efficient solutions that meet the growing demands of modern infrastructure.

Utility Lines Construction Services Inc. (ULCS)

Utility Lines Construction Services Inc. (ULCS) is a prominent provider of utility line installation and maintenance services. ULCS specializes in both electric and telecommunications systems, including the construction of new power lines, the maintenance of existing networks, and the expansion of broadband infrastructure.

The company plays a critical role in ensuring that utility companies have reliable and secure networks for the distribution of electricity, telecommunications, and data. Its services extend to both overhead and underground lines, enabling ULCS to address a wide range of infrastructure needs across both urban and rural environments. With a commitment to safety and efficiency, ULCS helps reduce downtime and improve the reliability of utility networks.

Asplundh Engineering Services

Asplundh Engineering Services provides critical engineering solutions for utility infrastructure projects. The company offers services ranging from the design and construction of power distribution systems to the engineering of specialized infrastructure such as substations and transformer installations. Asplundh Engineering Services is known for its expertise in developing innovative solutions that optimize the performance and safety of electric utility systems.

The company’s engineers work closely with utility providers to ensure that projects are completed on time, within budget, and in compliance with regulatory standards. Additionally, Asplundh Engineering Services supports the ongoing maintenance and upgrading of infrastructure, helping to extend the lifespan of critical utility networks.

American Electrical Testing

American Electrical Testing is a leading provider of electrical testing and diagnostic services, ensuring that electrical systems operate safely and efficiently. This subsidiary specializes in providing testing and analysis for power lines, transformers, substations, and other critical components of the electrical grid. Through its diagnostic services, American Electrical Testing helps identify potential issues before they lead to failures, reducing the risk of power outages and ensuring the safety of both workers and the general public.

The company’s services also include preventative maintenance and condition assessments, enabling utilities to optimize their infrastructure and avoid costly repairs. Its emphasis on precision and reliability has made it an invaluable partner for utility companies seeking to maintain robust electrical systems.

Treescape

Treescape is a New Zealand-based subsidiary that specializes in vegetation management and arboricultural services. The company offers a wide range of services designed to help utilities, municipalities, and private property owners maintain safe and healthy tree populations. Treescape’s primary focus is on managing trees near power lines to prevent interference with electrical infrastructure, reducing the risk of outages, and improving the reliability of utility networks.

In addition to right-of-way clearing, Treescape provides tree care services, including pruning, planting, and health assessments. With an emphasis on environmental sustainability, Treescape employs best practices in arboriculture and environmental stewardship to support the health of urban and rural landscapes across New Zealand.

Chevron Traffic Services

Chevron Traffic Services is another New Zealand-based subsidiary of Asplundh, specializing in road safety and traffic management. The company’s services are essential for maintaining safe traffic flow and infrastructure integrity in both urban and rural areas. Chevron Traffic Services focuses on the installation, maintenance, and repair of traffic signal systems, street lighting, and related traffic management infrastructure.

This includes providing temporary traffic control for roadworks and construction projects. By ensuring that traffic systems are properly managed, Chevron Traffic Services plays a vital role in reducing accidents, improving traffic flow, and enhancing public safety.

Utility Pole Technologies

Utility Pole Technologies is a key manufacturer and supplier of utility poles and related products that are essential for the construction and maintenance of power line infrastructure. The company produces a wide range of poles, including wooden, steel, and composite poles, as well as associated hardware like pole reinforcement products, crossarms, and insulators.

Utility Pole Technologies serves electric utilities, telecommunications companies, and other infrastructure providers, offering products that are durable and able to withstand harsh environmental conditions. The company’s products are critical for maintaining the strength and safety of utility lines, ensuring reliable power distribution across vast regions.

Bobcat Power, LLC

Bobcat Power, LLC, which was acquired by Asplundh in 2025, enhances the company’s capabilities in the substation infrastructure space. Bobcat Power provides specialized services in the design, construction, and maintenance of electrical substations, an essential component of the power grid.

The company’s work includes installing equipment such as transformers, circuit breakers, and switchgear, as well as ensuring that substations operate efficiently and safely. Through this acquisition, Asplundh has strengthened its ability to support utility companies in the development and maintenance of substation systems, which are integral to the distribution of electricity. Bobcat Power also offers ongoing support for infrastructure upgrades, helping utility providers meet modern energy demands while ensuring reliability and safety.

Asplundh Fleet Services

This internal division manages the maintenance, fabrication, and logistics of the company’s massive vehicle fleet, which includes bucket trucks, chippers, cranes, and helicopters. It also custom-builds vehicles for specialized services, giving Asplundh a unique operational advantage.

Asplundh Pipeline Services

Created to serve gas utility and pipeline customers, this division focuses on vegetation clearing around pipelines, right-of-way access, erosion control, and pipeline inspection support. The unit helps maintain safe access and visibility for long stretches of buried infrastructure, especially in remote and forested regions.

CN Utility Consulting (CNUC)

Although operating under its own brand identity, CN Utility Consulting is fully owned by Asplundh. CNUC provides vegetation management consulting, compliance audits, program development, and field data collection services. This acquisition gave Asplundh the ability to offer end-to-end utility vegetation solutions—from strategy to execution.

The Davey-Asplundh Alliance (Joint Venture)

Though not a full acquisition, Asplundh entered into a strategic joint venture with Davey Tree Expert Company in specific regions to serve municipal contracts more effectively. This alliance handles larger contracts involving cities, highways, and multi-jurisdictional projects. The partnership has operated under a co-branded entity in certain states, especially where local labor laws or union agreements require shared operation.

Voltyx Energy Solutions

Voltyx Energy Solutions, based in Nashville, Tennessee, was acquired by Asplundh in May 2024. This firm brought over 1,200 employees across 35 U.S. locations. It specializes in substation and transformer testing, commissioning, engineering design, repair, and maintenance services for utilities, renewable energy providers, data centers, and industrial clients.

Voltyx expanded Asplundh’s capabilities in critical electrical infrastructure services and strengthened the Asplundh Infrastructure Group with technical expertise and a broader national footprint.

ArborMetrics Solutions (Brand under UtiliCon)

ArborMetrics, a brand developed under UtiliCon, offers mobile data collection, LiDAR analysis, and GIS-based vegetation assessments. It supports utilities with advanced software tools to plan trimming cycles and analyze risk. It acts as the technology and analytics extension of Asplundh’s traditional services.

Utility Line Clearance (ULC) Services – Regional Brands

Asplundh often operates under different trade names in local markets. In many U.S. states, it uses legacy or acquired names like:

• ULC of Florida
• ULC Mid-Atlantic
• ULC Western States

These operate as local arms with Asplundh oversight and are often used to maintain long-term contracts with state-level or municipal clients.

Aerial Solutions, Inc.

Aerial Solutions is a helicopter-based vegetation management company. Acquired by Asplundh to enhance its remote access capabilities, Aerial Solutions specializes in trimming trees along power lines in mountainous and swampy regions that are otherwise hard to reach. Its fleet of helicopters and certified aerial saw operators make it an important strategic asset, especially for emergency response during natural disasters.

Asplundh Canada ULC

This is the Canadian branch of Asplundh, responsible for vegetation management and line clearance across multiple provinces. Though it uses the Asplundh name, Asplundh Canada is a registered and structured entity adapted to Canadian legal and labor frameworks. It serves clients such as Hydro One and provincial utility providers and often coordinates cross-border storm recovery efforts with the U.S. branches.

Asplundh Infrastructure Group

This division focuses on non-vegetation services such as pole inspection, maintenance, substation construction, and fiber optic cable support. It was developed internally by Asplundh and has grown into a vital arm supporting utility grid modernization. The group also handles joint use audits, system hardening, and electric vehicle charging infrastructure installations.

Traffic Control Services (TCS)

Asplundh owns and operates this division to support roadside and utility projects with temporary traffic control, flagging services, and road safety management. TCS is a key partner during maintenance and installation projects where roads or pedestrian walkways need rerouting or protection. This unit allows Asplundh to self-perform nearly every aspect of a field operation.

Asplundh Australia Pty Ltd

Operating in several Australian states, this company brings Asplundh’s core services—line clearance, vegetation management, and infrastructure support—to the Pacific region. It is fully owned and run by Asplundh and is customized for local weather conditions, tree species, and government regulations.

Asplundh New Zealand Ltd

Asplundh’s New Zealand operations began as a small regional partnership and were later fully incorporated as a company under Asplundh’s control. It offers comprehensive tree and vegetation services, including urban tree care, power line clearance, and contract services for local councils and power companies.

Asplundh Railroad Division

This specialized unit supports railroad maintenance and vegetation clearing along railway corridors. The Railroad Division works closely with freight and passenger rail systems to ensure safety and visibility along tracks. It owns specialized equipment for high-speed clearing and weed control on rail beds.

Who Owns Asplundh?

Asplundh Tree Expert, LLC is a privately held company and has remained family-owned since its founding in 1928. Unlike public corporations, Asplundh is not listed on any stock exchange and does not issue public shares. Its ownership remains concentrated among members of the Asplundh family, spanning multiple generations.

Ownership Structure

As of 2025, Asplundh continues to be 100% owned by members of the Asplundh family, specifically the descendants of the three founding brothers: Griffith, Lester, and Carl Asplundh. The company operates as a limited liability company (LLC), which allows flexible ownership arrangements and closely held equity distribution.

Ownership is structured across several family trusts and private holdings, with individual family members and their heirs holding shares either directly or through estate planning entities. While the exact number of shareholders is not public, industry insiders estimate there are over 100 family members with a stake in the business.

Despite the large number of shareholders, voting power and decision-making authority remain centralized among a small group of active family members and long-term executives who sit on the board of directors.

Key Family Branches Involved in Ownership

Griffith Asplundh’s Descendants

One of the largest shareholder groups stems from Griffith Asplundh, one of the original founders. His descendants include several members who have served in executive roles, including CEO, COO, and directors of major subsidiaries. As of 2025, Matthew Asplundh, a direct descendant, serves as CEO.

Lester Asplundh’s Descendants

Lester’s side of the family has also remained involved in the business, although with fewer members in day-to-day operations. They continue to hold a substantial equity stake, and some serve on the company’s governance committees or advisory board.

Carl H. Asplundh’s Descendants

Carl’s descendants maintain their influence through both ownership and operational leadership. Several of his heirs have historically taken active roles in international operations and technical services. They also hold minority control in various voting structures within the company.

Voting Rights and Governance

As a private LLC, Asplundh’s ownership rights are not evenly distributed in terms of control. The company employs a tiered voting structure, where only select shares carry voting privileges. This ensures that a core leadership group, primarily made up of active executives from the family, retains strategic control regardless of share distribution.

A family council and a board of directors, composed of senior family members and trusted executives, are responsible for:

• Appointing the CEO
• Overseeing long-term planning
• Approving mergers and acquisitions
• Managing internal shareholder matters.

This structure has allowed Asplundh to remain stable and privately controlled, even as it grew into a multibillion-dollar enterprise.

There are no outside institutional investors, venture capital firms, or private equity stakeholders in Asplundh. The company has consistently rejected buyout offers, partnerships with external capital, or public offerings to preserve family control and operational privacy.

This unique structure has allowed Asplundh to make long-term strategic decisions without pressure from Wall Street or external shareholders, focusing instead on legacy, safety, and steady expansion.

Who is the CEO of Asplundh?

​As of August 2025, Matthew B. Asplundh (Matt Asplundh) serves as the Chief Executive Officer (CEO) of Asplundh Tree Expert, LLC, the largest utility vegetation management company in the United States.​

Early Career & Professional Background

Matt Asplundh has spent over three decades at Asplundh Tree Expert, LLC, rising through the ranks from a field crew member to executive leadership. Prior to his CEO appointment, he served as President of Asplundh West, overseeing operations across multiple states and growing the company’s market share in the region.

Leadership Focus & Strategic Initiatives

• Diversity & Inclusion: In April 2022, Matt joined more than 2,000 business leaders in the CEO Action for Diversity & Inclusion™, signaling his commitment to fostering a more inclusive workplace.
• Safety Culture: Under his leadership, Asplundh has doubled down on its safety-first ethos—“safety is our culture”—with new training programs and stricter site protocols to protect the company’s more than 34,000 employees.
• Sustainability & ESG: Matt has overseen the rollout of Asplundh’s first Sustainability Report and the formation of an ESG subcommittee, aiming for net-zero greenhouse gas emissions by 2050.

Role & Impact

As CEO, Matt Asplundh is responsible for setting the company’s strategic direction, driving operational excellence across North America, Australia, and New Zealand, and stewarding the firm’s family-owned legacy. Under his guidance, Asplundh continues to expand its service offerings—from vegetation management and utility infrastructure to traffic services—while maintaining strong financial performance and deep client relationships.

Revenue and Net Worth Asplundh

In 2025, Asplundh reported an estimated annual revenue of $6.5 billion, positioning it among the top privately owned service companies in the United States.

The major sources of its revenue include:

• Utility vegetation management (its largest division) – maintaining clearance for power lines and right-of-ways for over 150 utilities.
• Infrastructure services – including utility pole inspection, street lighting, meter services, and underground locating.
• International operations – through subsidiaries in Canada, Australia, New Zealand, and Europe, contributing a growing share of revenue.
• Traffic management and electrical services – through acquisitions like Chevron Group (New Zealand) and Voltyx.

This revenue level represents consistent growth, up from an estimated $4.3 billion in 2023. The increase is driven by:

• Long-term utility contracts
• Infrastructure upgrades across the U.S.
• International expansion and acquisitions

Even though Asplundh is private and doesn’t file SEC reports, sources like Zippia, Forbes, and industry insiders use labor force size, fleet volume, and known contracts to estimate this revenue.

Net Worth

Asplundh’s net worth as of August 2025 is expected to be around $11 billion.

Net worth here refers to company valuation, not just assets minus liabilities. It reflects:

Recurring Revenue Model

Asplundh has long-standing, multi-year contracts with utilities and municipalities. This creates stable, predictable cash flows—highly valued in service-based businesses.

Tangible Assets

• One of the largest privately owned fleets of trucks, cranes, and heavy utility equipment in the U.S.
• Real estate holdings for regional offices and depots
• Supply and logistics infrastructure

Global Footprint

The company’s international presence increases its valuation multiple. Entry into Australia, New Zealand, and Europe positions it as a global player, not just a U.S. contractor.

Acquisitions & Diversification

In the last five years, Asplundh has acquired companies in electrical testing (Voltyx) and traffic services (Chevron Group). These not only diversify revenue but also increase strategic value.

Private, Family Ownership

Although being private limits public equity valuation, the business is still valued on EBITDA (earnings before interest, taxes, depreciation, and amortization). With an estimated EBITDA margin of 10–15%, that places their valuation in the $10–11 billion range, based on industry-standard multiples of 7–8x EBITDA.

Here’s a breakdown of the annual revenue and net worth of Asplundh for the past 10 years:

Final Thoughts

Understanding what companies Asplundh owns offers insight into one of the largest private utility contractors in the world. Though often operating behind the scenes, Asplundh plays a critical role in keeping power lines safe and utility services running. Its network of companies reflects its expertise across different markets, both domestic and international. The company remains a quiet giant—family-owned, expertly managed, and constantly expanding.

FAQs

How rich is the Asplundh family?

The family is collectively very wealthy. Based on Forbes reporting and firm valuation metrics, the Asplundh family’s net worth is estimated in the $10 billion to $11 billion range, reflective of their multigenerational private business empire.

Who is the CEO of Asplundh?

As of 2025, the CEO of Asplundh Tree Expert, LLC is Scott M. Asplundh. He is a member of the founding family and took on leadership responsibilities to continue the company’s tradition of family stewardship and expansion across utility and vegetation management services.

How big is Asplundh?

Asplundh is massive in scale:

• Employees: Over 34,000 workers globally
• Operations: Present in North America, Australia, and New Zealand
• Fleet: One of the largest specialized fleets for tree, utility, and infrastructure work in the world
• Customers: Serves major utilities, municipalities, railways, and governments

What is the biggest tree service in the United States?

Asplundh Tree Expert, LLC is the largest tree service company in the United States. It dominates utility line clearance, vegetation management, and infrastructure maintenance with a national footprint and long-standing utility contracts.

Is Asplundh worldwide?

Yes. Asplundh operates internationally, with subsidiaries and joint ventures in:

• Canada
• Australia
• New Zealand
• United Kingdom
• Ireland
• France.

Its global expansion supports utility vegetation management and infrastructure engineering services in diverse markets.

What is the meaning of Asplundh?

“Asplundh” (pronounced “AS-plund”) is a Swedish surname. The company was founded by brothers Carl, Griffith, and Lester Asplundh in 1928. The name reflects the family’s Scandinavian heritage. It doesn’t have a known specific meaning in modern Swedish but has become synonymous with utility vegetation services.

What is the revenue of Asplundh?

As of the most recent data (2025 estimates), Asplundh’s annual revenue exceeds $5.5 billion. It has consistently ranked among the top 150 privately held companies in the U.S. by revenue according to Forbes and Forbes Private Companies List.

Who are the competitors of Asplundh?

Major competitors of Asplundh include:

• Davey Tree Expert Company – A close second in size; also provides utility and residential services.
• Lewis Tree Service, Inc. – Offers vegetation management for utilities.
• Wright Tree Service – Another major player in utility vegetation management.
• Nelson Tree Service – Operates in similar spaces, sometimes partners with larger firms.
• Trees, LLC – Smaller, regional competitor.

Despite these, Asplundh holds the largest market share in the utility vegetation and infrastructure space.

Who owns Asplundh?

Asplundh Tree Expert, LLC is 100% privately owned by the Asplundh family. The company has never gone public, and ownership is divided among multiple family branches descended from the original founders. This allows the company to maintain tight control over operations and decision-making.

How many companies does Asplundh own in the USA?

Asplundh Tree Expert, LLC directly owns and operates over a dozen major subsidiaries and brands in the U.S. These include UtiliCon (now Asplundh Infrastructure Group), Aerial Solutions, Traffic Control Services, its railroad, pipeline and environmental divisions, and multiple regional ULC operating brands. Including consulting and fleet units, the number totals approximately 12–15 entities under direct ownership.

Who is the largest tree company in the world?

The largest tree care company in North America is The Davey Tree Expert Company, established in 1880. It is employee‑owned and often recognized as the largest in terms of tree care services. Asplundh is the largest utility vegetation management firm, but Davey is the leading tree care company, per se.

What is the Asplundh family’s net worth?

The Asplundh family’s collective net worth is estimated at $10–11 billion as of 2025. This is derived from company valuation—annual revenue around $5–5.7 billion and substantial assets and contracts.

What is Chris Asplundh’s net worth?

Reliable public data on Chris Asplundh’s net worth is limited. One unverified estimate places it around $200 million, based on his executive role, but this figure should be treated cautiously.

What is Matt Asplundh’s net worth?

There is no confirmed public figure for Matt Asplundh’s net worth. As CEO of a major private company, he likely holds substantial family assets, but no credible estimate is publicly available.

What is Scott Asplundh’s net worth?

No verified estimates exist for Scott Asplundh’s personal net worth. He has served in executive and board roles, but individuals in privately held family firms generally do not publicly disclose wealth.

When did Asplundh Tree Expert buy Chevron Traffic Services?

Asplundh acquired the Chevron Group (Chevron Traffic Services and Chevtrain) in New Zealand in June 2024. This acquisition brought traffic management, planning, and training operations in Auckland under Asplundh’s ownership.

Who are the investors in Asplundh?

Asplundh is entirely family‑owned. There are no external investors, private equity firms, or institutional stakeholders involved. The company has rejected outside investment and remains privately held by the family.