CLEVELAND – SCG Partners has acquired the assets of three landscape maintenance companies in Melbourne, Florida. The combined companies included Green Leaf Landscaping & Irrigation, M&M Professional Grounds Maintenance and A New Look Lawn Care. Financial terms of the transactions were not disclosed. The combined businesses will operate under the name Green Leaf Landscaping & Irrigation.
Green Leaf is a leading provider of commercial landscape maintenance services and has served the Brevard County area for over 25 years. Green Leaf serves homeowners’ associations, multi-family complexes, corporate campuses, healthcare facilities, retail locations, and municipalities. Green Leaf provides a full array of professional services including landscape maintenance, pruning/trimming, tree services, mulch, fertilization, pest control, irrigation and landscape installation services.
SCG Partners, a middle-market private equity fund, is actively seeking additional transaction opportunities in the landscape maintenance industry and plans to make additional add-on acquisitions to deepen local market penetration as well as expand geographic coverage.
“SCG Partners plans to engage in a consolidation strategy through acquiring landscaping companies in the Southeastern United States. We’re looking to partner with landscape maintenance companies and their existing leadership who have a compelling operating strategy and where we can invest for the long term,” said Alan Jaffa, CEO of Safeguard Properties and SCG Partners Advisory Board Member.