ValleyCrest Acquires Atlanta's Scapes

ValleyCrest Cos. continues its expansion in the Southeast with the acquisition of Atlanta-based Scapes, a $16 million-plus landscape maintenance and design/build firm. Financial terms of the transaction were not disclosed.

Scapes, founded in 1982, ranked 88th on Lawn & Landscape’s list (PDF) of the nation’s Top 100 landscape companies in 2007. ValleyCrest, with $870 million revenue in 2006, ranked No. 2, second only to The TruGreen Cos.

Scapes’ executive team – Managing Partner Ken Thomas and Principals Pete Wilkerson, Evan Rogers and Steve Krumnaker – all will remain with ValleyCrest.
“We are excited to have this great group of professionals join ValleyCrest,” said ValleyCrest President Richard A. Sperber. “We are confident that their impressive amount of experience and leadership in this highly important community will continue to strengthen our already strong presence not only throughout the Georgia marketplace but also more broadly through the southeast.”