Q3 Services Group Acquires Lotus Landscapes in the UK

Q3 Services Group Limited has acquired Lotus Landscapes Limited from VPS (UK) Ltd. This acquisition will come into effect on 16th May 2019. Q3 is a British boutique FM company that has three main objectives: to boost productivity through healthier workplaces, to be more open and transparent with all stakeholders, and to transform the working environment for its own employees. The management team are highly experienced in FM having worked across the industry for many years. Martyn Freeman, Q3 CEO comments: “We are excited by the acquisition which further supports our growth plans. We know that this is a great business … Read more

Why You Should Exit While You’re Ahead – A Cautionary Tale

Business owners often ask us what the best time to sell their business is. Needless to say, that is a complicated question that involves the intersection of different, often competing issues including the readiness of the business to be sold, the readiness of the owner to sell and current and future economic conditions. The very best time to sell your business is when someone wants to buy it. While it can be tempting to continue to grow your business forever – particularly when things are going well — that decision comes with a significant downside. The future always holds risks … Read more

Florac Invests in Sperber Landscape Companies

Spreber Companies

Florac, a French family office private equity firm, has made a minority investment in Sperber Landscape Companies (“SLC”). Florac is an investment vehicle wholly owned by the Meyer family and whose purpose is to exclusively invest the family’s funds.  The Meyer family is a branch of the Louis-Dreyfus family SLC is an emerging commercial landscaping services provider serving clients throughout the United States. Primarily providing maintenance services, SLC will additionally offer design assistance and turnkey installation solutions for select commercial projects. SLC is led by Richard Sperber, the former Chairman and CEO of ValleyCrest Companies. In early 2019, Sperber was … Read more

SiteOne Landscape Supply Acquires Stone and Soil Depot in San Antonio

SiteOne Landscape Supply

SiteOne® Landscape Supply, Inc. (NYSE: SITE), announced today the acquisition of Stone and Soil Depot, Inc., a leading distributor of hardscapes and landscape supplies with three locations in the Greater San Antonio, Texas market. “Stone and Soil Depot is a terrific addition to SiteOne as they add both natural and manufactured stone products as well as landscape supplies to our existing irrigation, agronomic, nursery and landscape lighting product lines in Central Texas. This acquisition aligns with our mission to be the best full line distributor to landscape professionals and represents our second dedicated hardscape and landscape supply company in Texas,” … Read more

BrightView Acquires Luke’s Landscaping in Florida and Desert Classic in Arizona

BrightView Landscapes

BrightView has acquired  Luke’s Landscaping, Inc. (“Luke’s”) and Desert Classic Landscaping (“Desert Classic”), both previously owned and operated by FirstService Residential, a subsidiary of FirstService Corporation  Terms of the transaction were not disclosed. Both Luke’s and Desert Classic are leading, single-source, year-round landscape service providers, offering a full suite of commercial landscaping solutions, including grounds management, landscape enhancement, irrigation, spray and arbor services. Luke’s was founded more than 40 years ago and currently operates two branches in South Florida with nearly 250 employees, serving customers between Coral Springs and Miami. Desert Classic was established in 2002 and currently operates two … Read more