BrightView Holdings, Inc. has acquired Signature Coast Holdings, LLC, a commercial landscaping company headquartered in Napa, CA. Terms of the transaction were not disclosed. Signature Coast was a portfolio company of the Central Valley Fund.
Signature Coast’s operations span nine strategic locations in both California (Concord, Davis, Marin, Napa, Rocklin, Sacramento and Santa Rosa) and Nevada (Carson City and Reno). The Company provides landscape maintenance, irrigation, enhancement, installation, arbor care, pest control and snow removal services under its three major brands: Coast Landscape Management, Signature Landscapes and C&R Landscape. The Company’s 600 trained and qualified landscape professionals serve clients across the corporate, HOA, multi-family and municipal segments.
“ BrightView has a demonstrated commitment to offering its customers the best and most complete landscaping services in the industry while providing our employees with a safe and rewarding environment to showcase their talents,” said Andrew Masterman, BrightView President and Chief Executive Officer. “ Signature Coast’s core values closely align with these commitments to excellence, which is why we are excited to welcome their entire team to the BrightView family. Signature Coast is a Top 50 landscape service provider in the country and is the second largest acquisition we’ve made since the 2017 inception of our successful ‘Strong-on-Strong’ acquisition strategy. I look forward to working with the team for many years to come.”
Kelly Solomon, CEO of Signature Coast, and her senior leadership team will remain with BrightView to guide the integration process and beyond. “ Our shared values toward our customers and employees convinced me that joining BrightView was the logical next step for Signature Coast. In addition to sharing best practices and leveraging industry-leading resources, I am excited by the opportunities that we will create for our award-winning team members to continue growing while keeping the customer at the center of everything we do,” she said.
Industry veteran Lebo Newman was chairman of the board of Signature-Coast.
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The Principium Group endeavors to track all merger & acquisition activity within the lawn and landscape services industries.
2019 M&A Activity in the Landscape Services Industry details all reported transactions in 2019.