COVID-19 Relief Bill Has Important Changes to SBA Acquisition Lending Program

COVID-19 Relief Bill

The $900 billion COVID-19 relief bill seems destined to become law, although, at this writing, President Trump is threatening to veto it, demanding that stimulus checks to individuals be substantially increased and questioning a variety of matters he deemed unrelated to COVID-19 relief included in the bill. The bill passed overwhelming, theoretically with veto-proof margins, but changes are certainly a possibility.  Since the bill was attached to the year-end spending bill, there are many unrelated provisions in the 5,593-page bill passed Monday.  [If you want to see what a 5,593 page bill looks like, click here.] There are important developments … Read more

Heritage Adds REAMS Sprinker Supply with Eight Branches

Heritage Landscape Supply Group

Heritage Landscape Supply Group, Inc.   has acquired REAMS Sprinkler Supply ) a family-owned distributor of irrigation, outdoor lighting, and other landscape products. Terms of the agreements were not disclosed. Headquartered in Lincoln, Nebraska, REAMS was founded in 1975 by the Bousquet family, and is currently led by third generation family member, Bryce Bousquet. The Company operates a network of eight branches across four states (NE, KS, IA, MO) and employs a team of more than 30 people. Bryce will continue to lead the Company’s dedicated employee base under the REAMS banner, ensuring continuity and consistency for customers and supplier partners. … Read more

Heritage Acquires Irrigation Station in Houston and OKC

Heritage Landscape Supply Group

Heritage Landscape Supply Group, Inc.  has acquired Irrigation Station (the “Company”), a family-owned distributor of irrigation, outdoor lighting, and other landscape products. Terms of the agreements were not disclosed. Headquartered in Houston, Texas, Irrigation Station was founded in 1987, and operates a second location in Oklahoma City. The Burtch family, alongside Irrigation Station’s entire sales and operations team, will lead the business going forward and Heritage will continue to operate these locations under the Irrigation Station name. Matt McDermott, President of Heritage, commented, “We are thrilled to partner with the Burtch family and welcome the Irrigation Station team to the … Read more

Davey Resource Group Acquires EEE Consulting (3e) in Virginia

Davey Resource Group, Inc. (DRG), a subsidiary of The Davey Tree Expert Company, has announced the acquisition of the assets of EEE Consulting, Inc. (3e) of Virginia. Founded in 1998, 3e operates in the Richmond and Blacksburg areas and provides environmental and engineering services to the public and private sectors. Those services include: site assessment and remediation; water resource and stormwater management; landscape architecture; Geographic Information System (GIS) services; wetland delineation; mitigation design; stream restoration; threatened and endangered species consultation; brownfield redevelopment; certified drone surface modeling; National Environmental Policy Act document preparation, and a variety of other services. The acquisition … Read more

Sweeping Corporation of America Makes Four Acquisitioins

Sweeping Corporation

Sweeping Corporation of America (“SCA”), the largest power sweeping company in the United States, is pleased to announce four additional acquisitions in 2020, including Total Asphalt Services, Clean Sweep, Buckeye Sweeping, and US Sweeping (collectively, the “Acquisitions”). The Acquisitions complement and strengthen a robust portfolio of street sweeping services, while broadening SCA’s customer base in key markets. Terms of the transactions were not disclosed. With these transactions, SCA now has over 1,000 employees in its 36 locations throughout the eastern half of the United States. Each unique acquisition represents expanded market presence and services offerings, including: Total Asphalt Services: Increased … Read more