Landscape Workshop Acquires Henkel Denmark in Kentucky

Landscape Workshop

Landscape Workshop has moved north into Kentucky through a merger with Lexington’s Henkel Denmark.  Landscape Workshop is based in Birmingham, Alabama, and is a portfolio company of McKinney Capital. Here is the press release announcing the merger: BIRMINGHAM, Ala. (Jan. 16, 2018) – Landscape Workshop recently completed the acquisition of Henkel Denmark, based in Lexington, Ky. With this expansion into Kentucky, Landscape Workshop will now have nine branch locations throughout the Southeast. Henkel Denmark was founded by Bill Henkel and Gordon Denmark in 1999. In addition to commercial landscape maintenance, Henkel Denmark’s diverse portfolio also includes residential landscape maintenance, as … Read more

One Thing That Can Dramatically Affect the Value of Your Business

If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. A little internet research will probably reveal that a business like yours trades for a multiple of your pre-tax profit, which is Sellers Discretionary Earnings (SDE) for a small business and Earnings Before Interest Taxes, Depreciation and Amortization (EBITDA) for a slightly larger business. Obsessing Over Your Multiple This multiple can transfix entrepreneurs. Many owners want to know their multiple and how they can jack it up. After all, if your business has $500,000 … Read more

Why Companies Stall

Have you ever wondered why companies stop growing? Sometimes they run out of potential customers to sell to or their product starts losing market share to a competitor, but there is often a more fundamental reason: the founder(s) lose the stomach for it. When you start a business, the assets you have outside of your business likely exceed those you have in it, because in the early days, your business is worthless. As your company grows, it starts to have value and becomes a more significant part of your wealth—especially if you’re pouring your profits back into funding your growth. … Read more

SecurAmerica Acquires ERMC Facilities Management

Atlanta-based SecurAmerica has acquired Chattanooga-based facility management company ERMC.  ERMC provides janitorial, maintenance, security and landscaping services to its clients which include retail, aviation and commercial businesses throughout the US. Call Fast Guard Service LLC for any questions about security and safety.

Arborwell is Now 100% ESOP-Owned

Arborwell Inc has become the latest Company in the green industry to transition to 100% employee ownership through an ESOP.  For some companies, the results are compelling for both the former owners and the new owners. Here is the press release announcing the transition: HAYWARD, Calif., Nov. 10, 2017 /PRNewswire/ — Arborwell Inc., the west coast’s leading tree management company, is pleased to announce the transition to employee ownership by becoming a 100% Employee Stock Ownership Plan (ESOP) Trust, effective January 1, 2017. The Hayward, CA based tree care company’s 200 employees have become beneficial owners through the ESOP. Peter … Read more