Month: August 2017

Gristwood and Tom Acquires Foremost Treesurgeons in Hampshire, UK

Gristwood&Toms

Gristwood and Toms, a U.K. tree contractor, has acquired Hampshire-based arboricultural specialist and fencing contractor, Foremost Treesurgeons. The deal will add £3 million in annual sales across amenity and utility arboriculture and vegetation management, in addition to land clearance and fencing services. The move will cement Gristwood and Toms’ position as a major service partner for public sector, social housing and commercial customers. Enhancing operational capability and capacity across the south of England, the acquisition strengthens Gristwood and Toms’ position as the largest, privately owned, specialist arboricultural contractor in the UK. Foremost employs around 30 staff and Michael Jefferies, Director … Read more

Kellermeyer Bergensons Acquires Varsity Facility Services

Kellermeyer Bergensons

OCEANSIDE, Calif., Aug. 17, 2017 /PRNewswire/ — Kellermeyer Bergensons Services, LLC (KBS), the largest provider of technology-enabled, integrated interior and exterior property services to retailers, grocers, and multi-site customers in North America, announced that it has purchased Varsity Facility Services, a leading facility services provider in the United States and Canada. Varsity will join KBS as an operating division and will continue to utilize the Varsity brand. Mark Minasian, Chief Executive Officer of KBS stated, “Varsity is an iconic service brand in North America and we are very pleased to warmly welcome Eric Luke and his team into the KBS platform. We want to thank and pay respect to Varsity … Read more

Sweeping Corporation of America Acquires Reilly Sweeping

Sweeping Corporation

NEW YORK, August 8, 2017 — Soundcore Capital Partners, LLC (“Soundcore” or “the Firm”), a control oriented, New York-based private equity firm that invests in lower middle market businesses, announced today that its portfolio company Sweeping Corporation of America, Inc. (“Sweeping Corp.” or “SCA”) has completed the acquisition, in partnership with management, of Reilly Sweeping, Inc. (“Reilly Sweeping,” “RSI,” or “the Company”), marking the Firm’s largest investment to date. Headquartered in Fairless Hills, PA, Reilly Sweeping has provided parking lot and street sweeping services to the Mid-Atlantic region for over 45 years. Offering consistent and exceptional service to its municipal, … Read more

SiteOne Acquires South Coast Supply in California

South Coast Supply - SiteOne

SiteOne Landscape Supply continued its string of acquisition announcements by announcing the acquisition of South Coast landscape Supply in Orange County, California.  Started in 1981, South Coast Supply has two locations serving the Orange County, California market. South Coast Supply is a leader in the distribution of hardscape, natural stone and related products to landscape professionals. The acquisition of South Coast Supply expands SiteOne’s hardscape offering and footprint in Orange County. “South Coast Supply has a passionate and talented team providing excellent quality, service and value to their customers. We are committed to delivering the best customer experience in the … Read more

Why Now Is The Riskiest Time To Own Your Business

Most people think of starting a business as risky, but unless you invest a significant amount of start-up cash in your venture, you’re not really risking much other than your time. That changes if you’re lucky enough to get your business off the ground. As your company grows, you start to risk more and more of your wealth because the business you’ve built is actually worth something. The longer you hang on to it, the more you have to lose. This phenomenon makes owners become more risk averse as their business grows, potentially squeezing off growth to avoid risking what … Read more