Bain Double Impact Acquires Living Earth Technology

 Bain Capital Double Impact, the impact investing strategy of Bain Capital, has acquired Living Earth Technology. Living Earth is the largest commercial recycler of organic landscaping materials in Texas, diverting waste from landfills that would otherwise release harmful greenhouse gasses. Financial terms of the private investment were not disclosed. Deval Patrick, Managing Director at Bain Capital Double Impact. commented “We believe there are attractive opportunities to expand Living Earth’s reach given their approach to reducing landfill waste and doing so in a more energy and resource efficient way. Founded in 1985 in Houston, Texas and headquartered in Dallas, Living Earth … Read more

Advancer Global Agrees to Acquire Envirocare in Singapore

Advancer Global, an integrated services provider offering workforce solutions and services in Singapore, announced that company’s wholly-owned subsidiary, Advancer Global Facility Pte,  entered into an agreement to acquire 76% of shares in Singapore-based Envirocare. Advancer Global entered the sale and purchase agreement with Fat Trees Pte. Ltd., a company incorporated in the Republic of Singapore. Fat Trees will acquire the remaining 24% of shares in Envirocare. Envirocare was incorporated in the Republic of Singapore on 16 January 2012, and its principal activity is the provision of landscape planting, care and maintenance services such as garden installation and maintenance, grass cutting, … Read more

Nurture Landscapes Acquires Frost Group’s Landscape Maintenance Operations in the U.K.

Nurture Landscapes

In the United Kingdom, Fast expanding Nurture Landscapes has secured its fifth acquisition in 12 months with the purchase of the landscape maintenance operations of Bedfordshire-based Frosts Group. The acquisition increases Nurture’s turnover to £35 million and staff numbers to more than 500. Frosts landscape maintenance business has annual sales approaching £4m and includes the provision of office plant displays and Christmas trees. The 70 plus staff and contracts will transfer to Nurture on 1stAugust along with Frosts Divisional Director Darrell Hedden. Major clients transferring include Milton Park and Abingdon Business Park both near Abingdon, ISIS Reach in Kent, Upton … Read more

Trinity Private Equity Acquires Gold Landscape in Texas

Trinity Private Equity Group (TPEG) of Southlake, Texas, has completed a private equity recapitalization of Gold Landscape of Denton County, Texas Gold Landscape provides maintenance, irrigation, design, and installation throughout the Dallas/Fort Worth metroplex, primarily for multifamily developments and large-scale homeowners associations. TPEG partnered with the management team to lead a recapitalization of the company and to support expansion throughout Texas. Plexus Capital provided mezzanine financing in connection with the transaction.  This is the second landscape services deal for Plexus which participated in the recapitalization of Rotolo Consultants, Inc. of Slidell, Louisiana in 2015.

Park City Nursery Under New Ownership

Park City—A Park City couple is the new owner of Park City Nursery. Sophy and Grady Kohler purchased the nursery from Steve and Ann Barrett. Financial terms of the transaction were not disclosed. The nursery was started by Steve Barrett in 1983. “We do not sell anything that is sold at a big-box store,” said Sophy Kohler. “We are trying to increase the allure for people that want to check out the history of Park City. We want people to know this was the location of the original Snyder Homestead.” The Kohlers, who are full-time residents of Park City’s Old … Read more