Sterling Investment Partners Acquires Majority Interest in Heartland

Sterling Investment Partners, a Connecticut-based private equity firm, has acquired a majority interest in HeartLand, the Kansas City-based commercial landscape and facilities services company with operations in Kansas City, Denver, Central Missouri, Lexington and Pittsburgh.  HeartLand’s original private equity partner was Great Range Capital.  Great Range formed HeartLand in April 2016, along with HeartLand CEO Edward Schatz Jr, to buy Kansas City-based Signature Landscape and later completed eight additional acquisitions that now gives HeartLand operations in five states, Kansas, Missouri, Colorado, Kentucky and Pennsylvania. Private equity investment in the landscape services industry has been robust in recent years.  This transaction … Read more