TruGreen Lawncare has acquired Lawn Dawg, a Nashua, New Hampshire based lawn care company with eleven locations in New England and New York.   Started in 1997 by industry veteran Jim Campanella, Brighton Partners acquired majority control in 2009. TruGreen…

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Kellermeyer BergensonsOCEANSIDE, Calif.Aug. 17, 2017 /PRNewswire/ — Kellermeyer Bergensons Services, LLC (KBS), the largest provider of technology-enabled, integrated interior and exterior property services to retailers, grocers, and multi-site customers in North America, announced that it has purchased Varsity Facility Services, a leading facility services provider in the United States and Canada. Varsity will join KBS as an operating division and will continue to utilize the Varsity brand.

Mark Minasian, Chief Executive Officer of KBS stated, “Varsity is an iconic service brand in North America and we are very pleased to warmly welcome Eric Luke and his team into the KBS platform. We want to thank and pay respect to Varsity Founder Don Aslett and Chairman Arlo Luke, who are pioneers in our industry and whose vision and character were fundamental in shaping Varsity’s unique service culture.” Minasian continued, “This acquisition marks an important milestone as we continue to execute on our technology-enabled growth strategy, expanding our service and enhancing our sector diversification. The combined company now delivers service to more than 41,000 locations in North America. We intend to leverage our enhanced scale, end market exposure and proprietary technology platform to further accelerate value creation, while delivering best-in-class outcomes for our customers, people and sponsors.”

Varsity Facility ServicesVarsity primarily serves the institutional, education, healthcare, distribution, corporate campus and government markets and continues KBS’s strategy to serve multi-site customers across end markets. KBS and Varsity offer integrated maintenance services allowing customers the option to bundle a combination of services or to select single services.

Eric Luke, Chief Executive Officer and President of Varsity Facility Services said, “KBS and Varsity have long histories in the facilities services industry and we’ve both enjoyed long-tenured relationships with our customers. We at Varsity are enthusiastic about becoming part of KBS and leveraging its proprietary labor management and service delivery technology to drive additional efficiency and be even more responsive to customers.”

Hoon Cho, Managing Director at GI Partners said, “The acquisition of Varsity aligns with the strategic plan we underwrote when we partnered with KBS in 2014. The foundation of the plan was to build a best-in-class technology platform that would further differentiate KBS in the marketplace and allow it to provide the most efficient and highest quality service to customers, leading to transformation of the facilities services space. To that end, KBS has developed an impressive technology-enabled facilities services platform and has distanced itself from the competition, setting the standard for modern service delivery for customers in multiple end markets while simultaneously becoming the buyer of choice for sellers of high quality facilities services companies across end markets and service offerings. This is the second acquisition by KBS this year with a robust pipeline of additional opportunities to follow. We congratulate Mark and the KBS team on the acquisition and welcome the Varsity team to KBS.”

KBS’s core services are interior and exterior contract cleaning, facilities repair and maintenance, landscape management, and parking lot maintenance. Varsity’s core services are contract cleaning, building maintenance, and construction management.

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NEW YORK, August 8, 2017 — Soundcore Capital Partners, LLC (“Soundcore” or “the Firm”), a control oriented, New York-based private equity firm that invests in lower middle market businesses, announced today that its portfolio company Sweeping Corporation of America, Inc. (“Sweeping Corp.” or “SCA”) has completed the acquisition, in partnership with management, of Reilly Sweeping, Inc. (“Reilly Sweeping,” “RSI,” or “the Company”), marking the Firm’s largest investment to date.

Sweeping CorporationHeadquartered in Fairless Hills, PA, Reilly Sweeping has provided parking lot and street sweeping services to the Mid-Atlantic region for over 45 years. Offering consistent and exceptional service to its municipal, industrial and local customer base, paired with an extensive footprint that spans across Pennsylvania, Ohio, Maryland, Washington, D.C., Delaware, Virginia and New Jersey, Reilly has grown into the region’s largest sweeping provider.

SCA’s President and CEO Christopher Valerian stated, “Reilly Sweeping is one of the most respected companies in our industry. With a majority of its operations contiguous to our existing locations, Reilly solidifies our leading position in these markets and further expands our platform for additional growth opportunities. We are extremely pleased that Patrick, Sean and Michael Reilly will maintain important leadership roles within RSI, and we expect that the Company’s support and commitments to its employees, customers, and the communities it serves throughout two generations of family ownership will be further strengthened under our stewardship.”

“Once we identified family-owned and -operated Reilly Sweeping as the next acquisition for our Sweeping Corp. platform, we worked closely with the Reilly brothers and existing management to ensure a timely, seamless transition amongst the RSI team and its loyal customers. We are very excited to partner with the team, and to support their continued growth and success as we actively expand our SCA reach,” added Jarrett Turner, Soundcore’s Managing Partner.

“The addition of Reilly Sweeping brings a multi-state, best-in-class company into our platform and meshes with our buy and build strategy in the power sweeping space. I am very pleased with the progress we have made in acquiring great companies with proven leadership, and look forward to continuing to scale the business,” said Feliks Zarotsky, Managing Partner of Soundcore.

With the acquisition of Reilly Sweeping, Inc., SCA operates a fleet of 350 units through 21 locations, forming the largest self-performing power sweeping company in the United States.

Vorys, Sater, Seymour and Pease LLP provided exclusive legal counsel for Soundcore. Fox Rothschild LLP and HighBank Advisors provided exclusive legal and financial advisory to Reilly. Terms of the transaction were not disclosed.

About Reilly Sweeping:
Since founding Reilly Sweeping, Inc. in 1971, Gerald M. Reilly has always believed that if a customer is pleased with our level of service, they will use us again. RSI provides the highest level of power street sweeping service with state-of-the-art equipment for every project we complete. As a family run business, RSI strives for complete customer satisfaction because our reputation is built on it and, without our customers, there would be no business. For more information on RSI, please visit www.reillysweeping.com

About Sweeping Corporation of America:
Sweeping Corp provides street, parking lot and construction site sweeping, catch basin cleaning and several ancillary services including pavement maintenance and snow management to state, municipal, commercial, industrial and residential customers throughout the Eastern region of the United States. Servicing over 25,000 miles of roadways and parking lots each month, Sweeping Corp offers reliable, consistent and thorough service from highly-trained, certified technicians using state-of-the-art equipment. For more information, please visit
www.sweepingcorp.com

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SiteOne Landscape Supply continued its string of acquisition announcements by announcing the acquisition of South Coast landscape Supply in Orange County, California.

South Coast Supply - SiteOne Started in 1981, South Coast Supply has two locations serving the Orange County, California market. South Coast Supply is a leader in the distribution of hardscape, natural stone and related products to landscape professionals. The acquisition of South Coast Supply expands SiteOne’s hardscape offering and footprint in Orange County.

“South Coast Supply has a passionate and talented team providing excellent quality, service and value to their customers. We are committed to delivering the best customer experience in the Green Industry and the combination of South Coast Supply and SiteOne brings us one step closer to achieving that goal”

SiteOne Logo“South Coast Supply is a terrific fit with SiteOne as they add depth to our existing hardscape presence in Southern California. This acquisition, in addition to the American Builders Supply acquisition in March, reaffirms our commitment to bringing a full range of landscaping solutions to our customers and expands our geographical coverage in the hardscape market. The addition of South Coast Supply further bolsters our market leading position in Southern California,” said Doug Black, Chairman and CEO of SiteOne Landscape Supply.

“South Coast Supply has a passionate and talented team providing excellent quality, service and value to their customers. We are committed to delivering the best customer experience in the Green Industry and the combination of South Coast Supply and SiteOne brings us one step closer to achieving that goal,” said Black.

 

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