Idverde Acquires TCL Group in the UK

Idverde, the largest landscape services company in Europe, has acquired TCL Group in the U.K.  With this acquisition, idverde’s annual revenues exceed $660 million.  Idverde has approximately 6,000 employees in France, The Netherlands and the UK. Idverde is the market leader in each of the three countries in which it operates.  TCL had annual revenues of over $80 million with 875 employees.  Idverde is a portfolio company of Brussels-based Core Equity Holdings. Here is the press release announcing the acquisition: idverde confirmed the acquisition of TCL Group. Under the leadership of TCL’s Executive chairman, Simon Cashmore, TCL has established itself … Read more

Advanced Service Solutions Acquires TotalFacility in Pennsylvania

Advanced Service Solutions

Advanced Service Solutions, LLC has acquired TotalFacility, Inc.of Malvern, Pennsylvania.  Advanced Service Solutions is a portfolio company of  BHMS Investments. Founded in 2007 with its roots in snow & ice removal, Advanced has become a premier full-service facilities maintenance provider through dynamic growth and a dedicated approach to delivering best-in-class quality and customer service.  TotalFacility has been historically focused on interior services and this acquisition will serve to bolster Advanced’s interior maintenance division. Alex Tavangar, President & COO of TotalFacility, will assume a leadership position with Advanced. Jeff Tunis, Chief Executive Officer of Advanced, said, “We are proud to welcome Alex … Read more

Cutting Edge Acquires Community Landscape Services in Utah

Cutting Edge Landscape, a commercial exterior maintenance company based in Idaho, today announced the acquisition of Community Landscape Services headquartered in Bluffdale, Utah. This acquisition will enable Cutting Edge to expand and strengthen their position in the Utah market. More acquisitions are planned to further enhance geographic reach. Community Landscape was founded in 2005 and provides landscape maintenance, design, installation, and snow removal services to the greater Salt Lake City area. CLS has built a reputation of quality work and long-term relationship-based growth. CLS will be re-branded and operate under the name Cutting Edge Landscape. “We are looking forward to … Read more

NextGen Growth Partners Acquires Sunrise Landscape in Tampa

NextGen Growth Partners

NextGen Growth Partners (“NGP”) has acquired Sunrise Landscape, LLC (“Sunrise”) in Tampa, Florida. Headquartered in Tampa, FL, Sunrise (www.sunriselandscape.com) is a full-solution provider of commercial landscaping services, including installation, maintenance, irrigation installation, irrigation maintenance, and weed & pest control services. The company services a variety of commercial clients including developers, property owners, and community associations. The investment in Sunrise marks NGP’s 4th platform investment in its inaugural fund. NextGen Growth Partners uses an investing approach based on the search fund model.  It employs a team of what it calls “Entrepreneurs in Residence” who assist in identifying acquisition targets with the … Read more

SiteOne Acquires Design Outdoor Serving Reno/Lake Tahoe

SiteOne Landscape Supply

SiteOne® Landscape Supply, Inc. has acquired Design Outdoor, Inc. Design Outdoor serves the greater Reno/Lake Tahoe market with a single location focused on the distribution of hardscapes products to landscape professionals. “Design Outdoor is a great fit with SiteOne as they expand our geographic presence into a new market. This addition aligns with our mission to be the best full-line distributor to landscape professionals in all major U.S. and Canadian markets,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply. “Design Outdoor has an outstanding culture built around customer service. They have a talented team that shares SiteOne’s passion for providing … Read more