Shoreline Equity Partners Recapitalizes American Landscaping Partners; ALP Completes Seven Add-on Acquisitions

Shoreline Equity Partners Acquires American Landscaping Partners

September 11, 2023

Environmental Services

Shoreline Equity Partners has acquired American Landscaping Partners, a portfolio company of Cold Bore Capital. The transaction transfers ownership of the landscaping and lawn care platform (six branches serving residential and commercial customers) from Cold Bore Capital to Shoreline as a PE-to-PE secondary sale.

Capitala Group Invests in American Landscaping Partners to Back Cold Bore Capital Platform

January 19, 2021

Environmental Services

Capitala Group originated a $35.9 million senior secured debt facility and minority equity investment to support Cold Bore Capital in forming American Landscaping Partners, LLC (ALP). Based in Nashville, Tennessee, ALP is an owner-operator of residential and commercial landscaping businesses and will use the capital to fund growth and add-on acquisitions across the United States.

Shoreline Equity Partners Recapitalizes Core Roofing Systems

November 29, 2022

Construction

Shoreline Equity Partners has partnered with Core Roofing Systems, a commercial roofing services provider headquartered in Alpharetta, Georgia. The private equity firm made a recapitalization investment to support Core Roofing’s growth plan—including organic initiatives and add-on acquisitions—while founder Dusty DeVore retains a significant ownership stake and continues to lead the company.

American Landscaping Partners Acquires Color Burst Landscapes

December 15, 2020

Environmental Services

American Landscaping Partners LLC (a portfolio company of Cold Bore Capital) acquired Nashville-based Color Burst Landscapes from the Frank F. Chalfont Trust and co-owner Brian Edwards. The deal is an add-on acquisition to ALP’s landscaping platform; Brian Edwards will remain as Sales Manager and retain an equity interest.

Shoreline Equity Partners Forms Pavement Partners and Recapitalizes Finley Asphalt & Concrete

June 30, 2021

Construction

Shoreline Equity Partners formed Pavement Partners Holding, LLC and recapitalized Finley Asphalt & Concrete to create a platform for acquiring pavement repair and maintenance providers across the U.S. Finley’s founders (Erick and Lewis Finley) remain in leadership and co-investors including Harvey & Company joined the transaction; senior debt was provided by M&T Bank and South State Bank.

Carousel Capital Recapitalizes Landscape Workshop

September 22, 2020

Environmental Services

Carousel Capital has recapitalized Landscape Workshop, partnering with the company's management team and McKinney Capital to provide growth capital and support continued platform expansion. Landscape Workshop is a route-based commercial landscaping services provider headquartered in Birmingham, Alabama, serving over 2,800 commercial properties across nine locations in the Southeastern United States.