News

  From Lawn & Landscape    Read this story in its entirety on lawnandlandscape.com MIAMI – In the midst of finding a buyer, Vila & Son, one of the largest landscaping companies in the country, ran out of cash and ceased operations. “We had a couple of offers, but unfortunately we ran out of money before the prospective buyers could finish their due diligence,” said Alan Goldberg, who joined the company in March as its chief restructuring officer. “The company has ceased operations and is in the process of closing down.” The company’s last day of operation was Aug. 5. … Read more

From PCT Online DALLAS, Texas — Cantu Enterprises Holdings (CEH), parent of Express Services, McKinney, Texas, announced the acquisition of Discount Pest and Lawn, based in Carrollton, Texas. Discount Pest and Lawn serves residential and commercial pest and termite customers as well as full service lawn care customers throughout the DFW Metroplex.  Dennis Reed, owner of Discount Pest and Lawn, said, “We sold to Express because of their commitment to employee development and their care for the customer.” Reed will continue to serve as a consultant in customer service and business development with Express Services. “We are excited about the … Read more

Brickman Expands in the Southern California Market by Purchasing L.A.-Based Dworsky Landscape Services LOS ANGELES–(BUSINESS WIRE)–Marking its entrance into the Los Angeles market, national landscape services provider The Brickman Group has acquired Dworsky Cos., one of L.A.’s leading commercial landscape services firms. The acquisition of Dworsky, a family-owned company founded in 2002, gives Brickman a stronger foothold in the Southern California market — with more than 1,000 employees — as it builds upon its nationwide expansion. Dworsky is headed by Founder Dave Dworsky, who in his 20 years in the industry has stamped an expansive mark servicing the Greater Los … Read more

GC-Global Capital Corp. (“Global Capital”) announced it has entered into a joint venture called TGC Acquisition Corp. (“TGC”) with Rossmore and Partners Investments Corp. (“Rossmore”), under which the parties have completed the acquisition of DDR Landscaping Contractors Ltd. (“DDR”, more here) for a purchase price of $2,500,000. Global Capital and Rossmore will have an equal interest in the joint venture. Global Capital has provided a $1,000,000 non-interest bearing demand promissory note to the joint venture company to finance the acquisition. Rossmore provided an additional $500,000 and the sellers have provided $1,000,000 in seller financing for the balance of the purchase … Read more