Source: www.TurfMagazine.com
CHICAGO, Ill. – CIVC Partners, L.P., a Chicago-based middle market private equity firm focused on investments in the business services and financial services industries, is pleased to announce the acquisition of Yellowstone Landscape Group, Inc. in partnership with management.
Yellowstone, through its subsidiaries Austin Outdoor and BIO, provides commercial landscape maintenance and installation services to over 1,500 homeowners’ associations, corporate office campuses, resorts and municipalities throughout the Southeast United States and Texas. The company offers a comprehensive suite of landscape maintenance services including mowing, detailing, irrigation and turf management as well as arbor care, design and installation services. Yellowstone’s service breadth, unique design capabilities, superior information systems and world class industry professionals enable it to deliver consistent, high quality landscaping services to sophisticated commercial and government clients with complicated landscaping needs. The company is headquartered in Bunnell, Florida, and has 16 branches across Texas, Florida, Georgia and South Carolina.
The acquisition of Yellowstone builds on CIVC’s investment experience in the outsourced business services industry. CIVC was previously an investor in The Brickman Group, Ltd. Other prior investments within outsourced business services have included Kellermeyer Building Services, Icon Identity Solutions, EN Engineering, PowerTeam Services and Track Utilities.