Hidden Harbor Capital Partners, an operationally focused private equity firm specializing in investments in lower middle market companies, has invested in McHale Landscape Design.
McHale, established in 1981 and headquartered in Upper Marlboro, Maryland, specializes in providing residential landscaping services across DC, Maryland, and Virginia. Founders Kevin and Steve McHale remain invested and active in the company.
“We are excited to be partnering with a team that shares our core values and has a long track record of operational excellence," says Brandon Maiello, vice president at Hidden Harbor. "We look forward to working closely with Kevin, Steve, and the rest of the McHale team.”
McHale Landscape Design ranks No. 79 on Lawn & Landscape's Top 100 list.
“The McHales and their team have built an outstanding business in a growing market,” says Steve Bello, portfolio operations director at Hidden Harbor. “We are excited about this partnership and look forward to supporting McHale’s continued growth.”
“When deciding to bring on a partner, it was very important for us to find someone that shares our core values and respects our relationships as well as the foundation we’ve built over the past 40-plus years," says Kevin McHale, co-CEO. "Our priority has always been building a strong team and a resilient infrastructure to deliver the highest quality customer service.”
”I am thrilled that we found a partner in Hidden Harbor that shares our vision for the future and eagerly anticipate what we can accomplish in this new phase," says co-CEO Steve McHale. "Most importantly we are excited to continue serving our customers and exceed their expectations.”
Hidden Harbor’s acquisition of McHale closed on July 16. Hidden Harbor was advised by McDermott, Will & Schulte LLP as legal advisor, and Configure Partners as financing advisor. Funds managed by First Eagle Alternative Credit provided financing for the transaction. McHale was advised by Chesapeake Corporate Advisors as financial advisor and Duane Morris LLP as legal advisor.