PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--
BrightView Holdings, Inc. (NYSE: BV) (“BrightView”), the nation’s
leading commercial landscaping services company, today announced the
acquisition of Benchmark Landscapes, LLC, a commercial landscaping
company headquartered in Austin, Texas. Terms of the transaction were
not disclosed.
Benchmark was founded in 2002 and today is a leading provider of
commercial landscaping services in Texas, including landscape
maintenance, design, installation, hardscapes, irrigation and tree care.
Benchmark’s 240 employees cover a service area from Austin to San
Antonio, inclusive of the San Marcos and New Braunfels areas, and Corpus
Christi. The company operates six branches in four markets.
“With the acquisition of Benchmark, we expand our footprint in one of
the country’s fastest-growing markets and bring passionate and skilled
team members into the BrightView family,” said BrightView President and
Chief Executive Officer Andrew Masterman. “This transaction further
strengthens our position in Texas and supports our ‘strong-on-strong’
acquisition strategy.”
Benchmark founder and owner Casey Vickrey agreed that Benchmark
represents a good fit for BrightView’s expanding portfolio. “I am proud
of the business and relationships our team at Benchmark has built. We
are excited to join the BrightView team and continue to grow the
business, strengthen relationships and make new ones, all while taking
care of the team that has been instrumental to making us who we are,” he
said.
K&L Gates LLP served as legal advisor to BrightView; Shepherd Law LLC
served as legal advisor to Benchmark.
About BrightView
BrightView is the largest provider of commercial landscaping services in
the United States. Through its team of approximately 20,000 employees,
BrightView provides services ranging from landscape maintenance and
enhancements to tree care and landscape development for thousands of
customers’ properties, including corporate and commercial properties,
HOAs, public parks, hotels and resorts, hospitals and other healthcare
facilities, educational institutions, restaurants and retail, and golf
courses, among others.
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MEDIA CONTACT:
Fred Jacobs, VP of Communications & Public
Affairs
484.567.7244
Fred.Jacobs@BrightView.com
INVESTOR RELATIONS CONTACT:
Daniel Schleiniger, VP of
Investor Relations
484.567.7148
Daniel.Schleiniger@BrightView.com
Source: BrightView Landscapes