ValleyCrest Acquires Concepts in Greenery

CALABASAS, Calif., April 4, 2008 ~ ValleyCrest Companies, the largest privately-held landscape firm with nearly $1 billion in revenue, today announced that it has acquired Concepts in Greenery, a landscape services company based in Stuart, Florida.

Founded in 1993 by Dan Steinberg who manages the company with partner and co-owner John Rose, Concepts in Greenery has achieved steady growth and market presence, providing landscape maintenance and installation services to a large and loyal customer base along the Southeastern coast of Florida.

“Concepts in Greenery is a company that we have been impressed with for some time due to its high quality work and outstanding reputation with their customers-they pride themselves on doing the best work in town,” said Roger Zino, president, ValleyCrest Landscape Maintenance. “The company’s success is built upon a great group of more than 200 employees—from our point of view, the company’s most important asset,” he added. “This is a talented and enthusiastic group of people and we know that they will have great careers with ValleyCrest moving forward-we are looking forward to working with them.”

Zino also announced that “we are very pleased that John Rose will be continuing with the company as Branch Manager of the maintenance operation reporting to Ray Keenan, Regional Manager and that Dan Steinberg will also stay on with the company spearheading sales of landscape installation services reporting to William Leathers, SVP, ValleyCrest Landscape Development.”

The addition of Concepts in Greenery further supports the company’s continuing growth in Florida, a market where ValleyCrest has been the largest landscape service provider since 1989. This acquisition follows other activity completed by ValleyCrest, including the recent and successful integration of Tropics North Landscaping.

About ValleyCrest

Founded in 1949, ValleyCrest Companies is the nation’s leading full-service landscape company offering landscape architecture, landscape development and landscape maintenance, as well as a supplier of trees. ValleyCrest has been awarded some of the most prestigious landscape projects in the country and hundreds of master-planned communities, resorts, golf courses, shopping malls, corporate facilities, private estates, and urban parks and habitats throughout the U.S. With sales approaching $1 billion and over 10,000 employees, ValleyCrest is the Workforce of Nature®