Exit Planning With More Than One Owner

Every day, it happens to somebody in the green industry.  Events dictate that they must leave a business that they have owned, either individually or as a part of some form of partnership.  The reasons range from critical ones, such as illness, disability, divorce or other family matters to a desire for a change of vocation or location.  Oftentimes, it may triggered by the simple fact that partners, for whatever reasons, don’t want to be partners any more. Whether or not one is the sole owner of his business or one of several partners, it is a given that one … Read more

Fire Your Clients

By Richard Helling We recently sat down with a client and were going over the financial statements from the previous several years when we noticed something unusual. He had lost clients but had increased profitability. When we asked what he had to done to increase profitability while losing clients he simply replied that he had “let go of some dead weight.” While that is a relatively unusual way to look at clients, it is actually a great business tactic. His point was that regardless of how much business they bring, not all clients are worth the same. A client that … Read more

Major National Landscaping Firm Enters L.A. Market with Acquisition of Dworsky Cos.

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

Ontario’s DDR Landscaping Acquired by GC-Global Capital, Rossmore & Partners

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

How to Find Private Equity Investors

Private equity investment groups often play a key role in the business transition process. Who they are and what they do represent mysteries to many business owners. This article from D&B’s AllBusiness.com website helps unravel the mysteries. Here’s a link to the article: http://www.allbusiness.com/print/15582606-1-9a0bs.html