On Hie radar: Private equity firms have their sights set on the green industry.

摘要

Much has changed in the landscape industry since we first wrote about private equity in Lawn and Landscape's 2009 article "Acquiring equity" (bit.ly/llequity) and the L&L piece "Wrecking stereotypes" in 2014 (bit.ly/llwreck).In the last year alone, we have seen KKR acquire Brickman from Leonard Green, then acquire ValleyCrest from MSD Capital, Merit Service Solutions (backed by L2) acquired Sunterra in Texas, Terracare (Progress Equity) acquired VMC in Texas and most recently CIVC, a former longtime investor in Brickman, acquired Yellowstone Landscape Group with operations in Georgia, Florida and Texas.