Saturday, April 19, 2014

Home News McKinney Capital adds to landscaping portfolio

McKinney Capital adds to landscaping portfolio

Industry News

The Alabama-based private equity group recently bought Grounds Unlimited and has made other moves.

Birmingham Business Journal | January 11, 2013

McKinney Capital is growing its presence in the landscaping arena.

Before the end of 2012, the Birmingham-based private equity group said it bought Grounds Unlimited, which ranked fourth on our most recent list of Birmingham's largest landscaping firms, and merged Memphis, Tenn.-based Environmental Landscape Services with another landscaping business the firm already owns, said McKinney Managing Director Sam Eskildsen.

By the end of this year, Grounds Unlimited will be merged with Landscape Workshop, the business that Environmental Landscape Services just merged with, Eskildsen said.

"The overall goal is to make Landscape Workshop the number one landscaping business in the Southeast," he said, "and we're very close."

Eskildsen declined to disclose group revenues and purchase prices.

For the rest of the story, click here.

Top news

Dealing with drought

L&L talked with landscapers throughout the state to see how they’re faring with the conditions.

John Deere Landscapes makes an acquisition

Eljay Irrigation in Canada will integrate immediately with JDL.

Davey names new President of U.S. Operations

Patrick Covey has been with the company for 20 years.

Affected by the elements

After drastic weather in 2013, LCOs need to keep a close eye on pests this spring.

Humor in the landscape

Beyond the catchy name, entrepreneur Jan Bills is building three compelling brands while filling market niches for specialty landscape/gardening and women’s work wear.