APHIX has sold to Gauge Capital. APHIX was previously a portfolio company of Caltius Equity Partners, a Los Angeles-based private equity firm.
Based in Frankfort, Kentucky, APHIX provides comprehensive commercial landscaping with locations in Kentucky, Tennessee and Alabama. During its partnership with Caltius, APHIX demonstrated organic growth and executed an accretive acquisition strategy by partnering with leading maintenance-focused landscaping firms.
Citizens Capital Markets & Advisory served as the financial advisor to APHIX, which ranks No. 87 on Lawn & Landscape's Top 100 list.
“The Citizens team provided invaluable support and significant leverage to the APHIX Management team throughout the transaction process,” says APHIX CEO Allen Sweeney. “Their ability to communicate the company value proposition and their deep buyer relationships were critical in identifying the best partner for APHIX.”