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CALABASAS, Calif. – ValleyCrest Cos. announced Monday that it has completed the acquisition of RMV Landscape and Maintenance, a Loveland, Colorado landscape construction and maintenance company.
Under the terms of the agreement, ValleyCrest has purchased substantially all of the assets of RMV and the company has become part of ValleyCrest's landscape development division. RMV was previously owned by Rod Bryner, who has joined the ValleyCrest team, and McWhinney Enterprises, a leading Colorado real estate development firm and a customer of ValleyCrest.
The acquisition expands ValleyCrest's operations in the important northern Colorado market. Bryner has joined ValleyCrest Landscape Development as operations manager, and the balance of the RMV operations team has also joined ValleyCrest.
Jeff Hinners, vice president and regional manager, ValleyCrest Landscape Development, is responsible for managing integration of the business. "We are going to focus on making the transition smooth for RMV's customers and employees," said Hinners. "This is a talented and enthusiastic group of people and we know they'll have great careers with ValleyCrest."
Bryner, expressed excitement about joining ValleyCrest. "ValleyCrest has been an industry leader for decades, primarily because they focus first on satisfying their customers and second on developing their people,” He says. “We're looking forward to becoming a part of the ValleyCrest team.”
ValleyCrest was founded in 1949. The company ranked No. 2 on Lawn & Landscape’s 2004 Top 100 list with annual revenue reported at $670 million.