NEW YORK – Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has partnered with LP First Capital, an independent sponsor, to form United Land Services Holdings. This will be a platform to build a leading landscape services provider in the Southeast.
United Land Services has already completed its first five acquisitions: United Landscapes, Blandford Turf, Tree World, O'Hara and River Region Sports Fields. Terms of the transactions were not disclosed.
Headquartered in Jacksonville, Florida, United Land Services is a leading commercial and residential landscape services platform serving a wide range of national and local customers throughout the Southeast. The company provides a suite of services, including landscape design and installation, commercial property maintenance, sod installation, tree/plant nursery and other specialty services.
With the completion of its first five acquisitions, United Land Services has established a presence across several of the fastest growing metropolitan areas in the Southeast, including Jacksonville, Orlando and Port. St. Lucie, Florida, and Birmingham and Montgomery, Alabama.
Bob Blandford, founder of United Landscapes and Blandford Turf, and a veteran landscape operator with over 20 years of experience in the industry, will serve as CEO of United Land Services.
"Centre is excited to partner with LPFC, Bob Blandford and the United Land Services team," said Jeff Bartoli, a partner of Centre Partners. "The company is well-positioned to capitalize on favorable industry tailwinds driving increased demand for landscaping services in the Southeast. We look forward to expanding the platform through strategic acquisitions across the region."
Dechert LLP and McGuireWoods LLP provided legal counsel to Centre Partners and LP First Capital.