San Francisco-based Integrity Landscape Corporation acquired Serpico Landscaping, a full-service commercial landscaping company operating across the Bay Area.
Integrity is a portfolio company of Seacoast Capital and Galaxi Group, a west coast based independent sponsor.
White Oak Global Advisors, a private investment firm specializing in providing financing solutions to support the business needs of middle and lower-middle market enterprises, provided a senior secured loan to Integrity to refinance existing debt and finance the acquisition of Serpico.
"The commercial landscaping industry continues to demonstrate strong fundamentals, and we're pleased we could collaborate with Integrity’s management team and existing investors to support their continued growth,” says Albert Brandano, partner at White Oak Global Advisors. “This transaction reflects our commitment to partnering with well-managed businesses in essential service industries that show clear paths to sustainable growth."
“Serpico Landscaping is a dynamic, high-caliber commercial landscaping company, and we couldn’t be more excited to welcome their talented team and loyal customers into the Integrity Landscape family,” says Rich Bronstein, managing principal at Galaxi Group.