Stay Green Inc. Acquires Emerald Landscape Services, Inc.

Verde Property Services Acquires Coast Landscaping (maintenance division)

July 11, 2024

Environmental Services

Verde Property Services, the operating platform of San Diego-based private equity firm Verde Equity Partners, has acquired the maintenance division of Coast Landscaping, a commercial landscaping firm based in Vista, California. The add-on expands Verde's Southern California commercial landscaping footprint and adds Coast's sustainable, all‑electric equipment capabilities to Verde's platform.

Great Lakes Grounds Management Acquires Commercial Landscape Division of Evergreen Tree & Lawncare Inc.

April 13, 2024

Environmental Services

Amherst-based Great Lakes Grounds Management acquired the commercial landscape maintenance division of Elyria-based Evergreen Tree & Lawncare Inc., assuming commercial customer accounts, equipment and employees. The carved-out deal expands Great Lakes' service footprint in Lorain and Cuyahoga counties and is the company's third and largest acquisition since 2018.

Verde Equity Partners Acquires Green‑Tech Landcare

April 1, 2024

Environmental Services

San Diego-based private equity firm Verde Equity Partners has acquired Green-Tech Landcare, a commercial landscaping provider in Southern California. The deal is the third transaction in Verde's planned vertical roll-up strategy to consolidate owner-operated commercial landscape companies across the Western U.S.; Green-Tech's founder Tom Bjorstrom will remain to support integration.

Verde Equity Partners Acquires Steven Smith Landscape

September 30, 2023

Environmental Services

Verde Equity Partners, a San Diego-based private equity firm, has acquired Steven Smith Landscape, a commercial landscape and property maintenance company serving Southern California for over 40 years. The deal expands Verde's vertical roll-up platform in North County San Diego as the firm continues consolidating owner-operated landscaping businesses across the Western U.S.

United Land Services Acquires Greenway Lawn & Landscape and Sanford Tree Service

May 9, 2023

Environmental Services

United Land Services, a landscaping platform backed by Centre Partners and LP First Capital, acquired Greenway Lawn & Landscape, LLC and Sanford Tree Service Inc. as its sixteenth add-on to expand presence and service offerings in the Southeast. The combined Greenway business — founded in 2014 and headquartered in Jacksonville, Florida — will be integrated into United's platform to broaden commercial landscaping, maintenance, and tree-care capabilities; terms were not disclosed.

urban-gro, Inc. Acquires Emerald Construction Management, Inc.

March 14, 2022

Construction

urban-gro, Inc. signed a definitive agreement to acquire Emerald Construction Management, Inc., a 37-year-old Colorado-based design-build and construction management firm headquartered in Centennial, Colorado. The transaction consideration is $7.0 million (including up to $2.0 million contingent earnout), funded with $2.5 million cash and up to $4.5 million in equity; Emerald C.M. reported expected 2021 revenue of $26.5 million and adjusted EBITDA of $1.2 million, and the acquisition is expected to be immediately accretive in 2022. The deal adds in-house turn-key design-build capabilities to urban-gro's global indoor Controlled Environment Agriculture (CEA) service offerings.