BrightView Acquires WLE in Austin

BrightView Holdings, Inc. (NYSE: BV) (“BrightView”), the leading commercial landscaping services company in the United States, today announced the acquisition of WLE LLC, a commercial landscape maintenance and development company headquartered in Austin, Texas. Terms of the transaction were not disclosed.

Founded in 2003, WLE (Water | Land | Environment) is a full-service commercial landscape management company, whose 250-member team serves HOA, developer, commercial, and municipal clients across three markets in Central Texas. In addition to WLE’s field and administrative staffs, WLE’s core leadership team will join BrightView as part of the transaction.

“We are excited to welcome WLE into the company,” said BrightView CEO and President Andrew Masterman. “WLE has built a solid reputation in Central Texas — a key growth market for BrightView — that is rooted in the quality of their work in landscape maintenance. WLE shares our commitment to responsible, sustainable and safe operations across their portfolio.”

Kade Thomas of Davenforth Capital Management LLC, owner of WLE, said, “We remain committed to providing responsive and high-quality service to our customers. We are eager to learn from one another as we continue to build a powerhouse in commercial landscaping together in the Central Texas market.”