Comvest Private Equity, a middle-market private equity investment group, has acquired Bland Landscaping through recapitalization. Bland Landscaping is an Apex, North Carolina-based regional provider of commercial landscaping services.
Founded in 1976, Bland provides landscaping maintenance and enhancement services to commercial clients across diverse end markets spanning homeowners associations, multifamily properties, Class A offices, industrial centers, and municipalities across North and South Carolina. Bland has completed seven complementary acquisitions since 2019 and employs more than 700 employees across 12 branch locations.
The company will continue to be led by its current management team, including CEO Kurt Bland and Matt Bland, chief financial officer and chief operating officer.
“We are excited to welcome Bland to the Comvest Private Equity portfolio and to partner with an exceptional leadership team,” says Maneesh Chawla, managing partner of Comvest. “Bland exemplifies our investment approach of backing strong management teams of companies within our core industry verticals who can benefit from Comvest’s financial and operational resources to drive scale.”
“Bland has successfully executed on its vision to become a recognized market leader,” adds Matt Kunz, a principal of Comvest. “We believe the company has significant runway for further organic and acquisitive growth across the Southeast. Bland brings both an impressive track record of performance and a reputation for consistently delivering high-quality service.”
“We are thrilled to be working with Comvest, with its history of successful partnerships with family-led companies, specialized experience in the field services space, and support of acquisitive strategies,” says Kurt Bland. “The Comvest team shares our commitment to investing in our people and infrastructure so we can continue to innovate our service offering and broaden our reach.”