KANSAS CITY, Kansas – HeartLand acquired $30-million Landscape Concepts Management, based in Chicago, and Bristow, Virginia-based Heritage Landscape Services.
Landscape Concepts Management employs more than 400 people and ranked number 64 on Lawn & Landscape's 2019 Top 100 list with $30 million in revenue. It is the 7th regional company to partner with HeartLand and will continue to operate under LCM’s local brand identity in the Chicagoland market.
LCM provides commercial landscape maintenance and snow removal services to a customer base consisting of corporate campuses, class-A office, institutional buildings, healthcare facilities, homeowner associations and retail locations.
Founded in 1998 and headquartered in Bristow, Virginia, HLS employs 275 people who provide services to a customer base consisting of homeowner associations, high-end retail developments and class-A commercial properties. The company is a full-service commercial landscape service provider offering contractual maintenance, enhancements, irrigation work and snow removal services in Northern Virginia.
HLS is HeartLand’s platform investment in the Washington, D.C. market and represents HeartLand’s first acquisition since being acquired by Sterling Investment Partners in August 2019.
CCG represented Heritage and LCM in the deals. LCM’s sale to HeartLand represents CCG’s 21st closed industry transaction since 2015.
“This is an especially gratifying transaction for CCG and me personally having known Mike for 20 years and finally finding the right time for him and the best partner for the team at Landscape Concepts,” said CCG Founder and Managing Partner, Brian Corbett.
Corbett added: “CCG is honored to have represented the ownership group and team at Heritage Landscape Services. The team ranks as one of the most professional groups we’ve had the pleasure to work with and the company is as good as any we have represented in commercial landscape maintenance. We are thrilled with the result we achieved for them and anticipate great things to come from their partnership with HeartLand.”