TAG: M&A

Bland Landscaping is latest to get private equity backing

January 4, 2018By

Apex, N.C.-based Bland Landscaping Co. formed a financial partnership with Prospect Partners, a Chicago-based private equity firm. Brothers and second-generation owners Kurt Bland, CEO, and Matt Bland, CFO and COO, will continue to lead the company. They retain “significant ownership” in the firm, which is expected to serve as a platform for growth and acquisitions. Specific terms of the recapitalization... read more

Yellowstone acquires Heads Up Landscape

November 1, 2017By

Yellowstone Landscape, based in Bunnell, Fla., acquired Heads Up Landscape in Albuquerque, N.M. Terms were not disclosed. Yellowstone ranks No. 9 on the 2017 LM150 list of largest landscape companies with $137,500,000 in 2016 revenue. The company performs landscape maintenance, design, installation, tree care and irrigation services for commercial clients inĀ Georgia, Florida, Texas, North Carolina and South Carolina. Heads Up,... read more

SavATree scoops up Swingle in pursuit of ‘national brand’ status

October 12, 2017By

Bedford Hills, N.Y.-based SavATree merged with Denver-based Swingle Lawn, Tree & Landscape Care. Terms were not disclosed for the deal, which is a step toward SavATree’s vision of building a national brand. SavATree ranked No. 15 on the 2017 LM150 list of largest landscape companies with nearly $90 million in 2016 revenue. Swingle ranked No. 80 at $23.7 million. This... read more

Chenmark invests in Maffei Landscape Contractors

October 5, 2017By

Maffei Landscape Contractors, based in Mashpee, Mass., partnered with Chenmark Capital Management, based in Portland, Maine. Terms of the deal weren’t disclosed. Founder and CEO Robert Maffei, who began Maffei Landscape while in high school in 1991, will remain CEO. The full-service company has more than 100 employees. Chenmark Capital is a family investment firm focused on acquiring and supporting... read more

TruGreen acquires Turf Masters in Northeast

September 28, 2017By

In addition to recently rolling up Nashua, N.H.-based Lawn Dawg, lawn care giant TruGreen acquired Turf Masters, based in South Windsor, Conn. Terms of the transaction were not disclosed. “The Turf Masters acquisition allows us to expand our presence and build the TruGreen brand in one of our most important and strategic regions of the country,” said TruGreen spokeswoman Amy... read more

Campanella: TruGreen buying Lawn Dawg is ‘bittersweet’

September 27, 2017By

TruGreen acquired Nashua, N.H.-based Lawn Dawg last week. Terms were not disclosed for the transaction that Lawn Dawg President Jim Campanella called “bittersweet.” Lawn Dawg adds about 26,000 customers and $15 million in annual revenue to Memphis, Tenn.-based TruGreen, which did more than $1.3 billion in 2016 revenue and ranks No. 2 on the 2017 LM150 list of largest landscape... read more