Prospect Partners Builds Commercial Landscape Management Platform with Bland Landscaping

Prospect PartnersProspect Partners  announced the recapitalization, in partnership with management, of Bland Landscaping Company, Inc. (Bland Landscaping), of Apex, North Carolina.
Bland Landscaping is one of North Carolina’s leading full-service providers of landscape design, installation, enhancement, and maintenance services for commercial properties and high-end residential estates. The company, established in 1976, primarily serves offices, hospitals, universities, municipalities, and homeowner associations.
Over the years, Bland Landscaping — whose in-house team of nearly 300 landscape experts includes professional turfgrass and horticulture managers, landscape designers, chemical technicians, and floriculturists — has developed a strong reputation for sustainability and excellence, earning more than 100 state and national awards for environmental improvement and landscape excellence. Second generation owners Kurt Bland, President and CEO, and Matt Bland, CFO and COO, lead the company.
“Bland Landscaping is a rapidly growing niche market leader long known for its superb commercial landscape maintenance and management services, innovation, commitment to the environment, and great customer relationships,” said Erik Maurer, a Principal of Prospect Partners. “We look forward to supporting management as they continue to scale the company and expand its regional presence.”
Going forward, Bland Landscaping seeks to invest in add-on acquisitions of well-respected, local providers of commercial landscape management services based in the Southeast and Mid-Atlantic states.
Bland Landscaping becomes Prospect Partners’ 50th portfolio company overall, and the 14th in the firm’s current fund, Prospect Partners III, L.P.

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