Acquisitions

Landscape Development, Inc. Acquires Chateau Landscape in Santa Clarita

Landscape Development Inc

Enhanced Landscape Management (ELM), the maintenance division of Landscape Development, Inc. (LDI) with headquarters located in Valencia, has concluded the asset purchase of Chateau Landscape, Inc. (CLI) in Santa Clarita, marking its second acquisition in as many months. With this purchase, LDI’s annualized maintenance revenue now exceeds $25,000,000, positioning it as a national industry leader with total annual revenues reaching over $100,000,000. “It is with great excitement that Ron and I announce the acquisition of Chateau Landscape, Inc.,” said LDI CEO Gary Horton. “The continued growth of our maintenance operations is a priority, and we are always exploring acquisition opportunities. … Read more

idverde acquires Out There Services in Northern Ireland

idverde, the largest European landscape services company, has acquired Out There Services, the market leader for landscaping and grounds maintenance services in Northern Ireland. idverde is a portfolio company of Brussels-based C0re Equity Holdings. This acquisition by idverde’s UK unit idverde UK follows its successful growth in Scotland throughout 2017 and further strengthens idverde’s position as the leading provider of green services across the United Kingdom. Welcoming Out There Services to the idverde family adds to a compelling self-delivery model for creating and maintaining landscapes. This enables idverde to reach out to clients with a national footprint, who value their services delivered by well-trained and motivated colleagues who … Read more

CNL Strategic Partners Acquires Lawn Doctor

CNL Strategic Partners, LLC, (CNL Strategic) has acquired a majority interest in Lawn Doctor from an affiliate of Levine Leichtman Capital Partners.  Senior management of Lawn Doctor holds approximately 37.1% of the company. Lawn Doctor is a leader lawn care franchising company with franchises in over 35 states..  System-wide revenues were approximately $118 million in 2017.  Lawn Doctor has achieved a compound annual growth rate of approximately 6% from 2009 to 2017.  The Company reports a customer retention rate of more than80% for the last three years.   The Company plans to continue to grow its franchise base and add other … Read more

Landscape Development, Inc. Acquires Quality Landscape Care in Southern California

Landscape Development Inc

Enhanced Landscape Management (ELM), the maintenance division of Landscape Development, Inc. (LDI) with headquarters located in Valencia, CA has concluded the asset purchase of Quality Landscape Care (QLC) located in Ventura, CA.  LDI is an industry leader in California with annual revenues over $90,000,000. Over the course of two decades QLC has established a strong reputation for excellence in horticulture and customer service in the public works sector.  The entire staff of approximately 50 employees of QLC is being retained in this transition.  Michael Robinson, the founder and owner of QLC joins the ELM executive team as the leader of their Ventura Branch … Read more

SiteOne Acquires CentralPro in Florida

SiteOne Landscape Supply

SiteOne® Landscape Supply, Inc. (NYSE: SITE), the largest and only national wholesale distributor of landscape supplies in the United States, announced today the acquisition of CentralPro. Founded in 1972, with 11 locations across Central Florida, CentralPro is a leader in the distribution of irrigation, lighting and drainage products to landscape professionals throughout the State of Florida. “CentralPro significantly expands the scale of our irrigation business in the State of Florida. The addition of CentralPro complements our existing branch network and strengthens our irrigation and landscape lighting market leadership in the state. They have an extremely talented and seasoned team with … Read more