Succession Capital Acquires Intermountain Total Facility Services in Utah

Private equity acquires another landscape services company.  Succession Capital Inc. has acquired Intermountain Total Facility Services in Utah.  Intermountain operates Turf-it Landscaping along with snow removal, janitorial and  handyman services.  Here is the text of the press release:

Turf-It Landscape ServicesSAN DIEGO & SALT LAKE CITY–(BUSINESS WIRE)–Succession Capital Inc., a subsidiary of Lynx Equity Limited, is excited to announce the acquisition of Intermountain Total Facility Services LLC (dba American Maintenance and Turf-it Landscaping) and Executive Facilities LLC (dba Executive Janitorial). The Intermountain Group is one of the largest facility maintenance companies in its region, providing landscaping, snow clearing, janitorial, and handyman services to commercial and residential clients throughout Utah, Wyoming, and Idaho. Starting out with a focus on landscaping, the Intermountain Group gradually added services to the business, ensuring the full breadth of customers’ needs were always met. With the leadership of its talented and experienced management team, the company has achieved exceptional and consistent growth year after year.
“We were immediately impressed by Intermountain’s responsiveness to its customers and its ability to capture new market opportunities. Intermountain’s strong management team has built an exceptional company culture that we look forward to welcoming to the group,” commented Lynx Vice President Mathew Burpee. “Intermountain has the goal of becoming the one-stop-shop for all facility maintenance services, and we are very excited to partner with them to execute on this vision.”

This acquisition brings Lynx’s portfolio to forty-two companies. Succession Capital now represents over 30% of Lynx’s. Lynx Equity and Succession Capital continue to pursue acquisitions of small and medium-sized businesses throughout North America from owners looking to retire.

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