Ethoscapes, a management player in the landscape care industry, is announcing the acquisition of Houston Landscapes Unlimited, one of Houston’s largest commercial landscape and irrigation contractors. HLU joins Ethoscapes’ family of brands, which include Westco Grounds Maintenance, Champions Hydro-Lawn, Outdoor Development and Tree60. Their combined industry fortitude and expertise now includes over 700 dedicated personnel and serves over 600 commercial, municipal and residential clients in the Houston metropolitan area.
Houston Landscapes Unlimited was founded in 1983 by Dean Carpenter. Over the years, HLU consistently reached its goal and continues to serve customers including NRG Park, University of Houston Athletics Department, Space Cowboys Stadium, various retail and office parks and established communities including First Colony, Riverstone, Telfair, Imperial, Aliana, Cinco Ranch and Meridiana Community.
“We are delighted to welcome HLU to the Ethoscapes family. Their stellar reputation and dedication to excellence align perfectly with our values and vision for the future. This acquisition strengthens our position in the market and enhances our ability to provide comprehensive landscaping solutions to customers,” says Manny González, CEO of Ethoscapes.
“Joining forces with Ethoscapes presents exciting opportunities for our team and our customers. Together, we will leverage our combined expertise and resources to set new standards of excellence in the landscaping industry. We are eager to collaborate with Ethoscapes and contribute to their continued success,” says Dean Carpenter, president of HLU.
The collaboration process is already underway, with a focus on ensuring a seamless transition for employees and customers alike. Together, Ethoscapes’ family of landscape care and maintenance brands will strive to uphold the highest standards of quality, integrity and professionalism to all customers and stakeholders.
Ethoscapes is a proud portfolio company of Evolution Strategy Partners, which played a critical role in the acquisition of Houston Landscapes Unlimited.
“This strategic acquisition marks a significant milestone in Ethoscapes’ expansion efforts and underscores its commitment to partnering with companies who deliver unparalleled quality and service,” says Stenning Schueppert, managing partner of Evolution. “I have no doubt that HLU will provide the same level of top-tier landscaping services backed by a team of skilled professionals as all of Ethoscapes’ landscaping brands.”
Equity for the transaction was provided by Evolution, Gemini Investors, and Genesis Park. Credit facilities were provided by Enterprise Bank & Trust. Terms of the transaction were not disclosed. Morgan, Lewis & Bockius provided counsel and CCG Advisors advised Dean Carpenter on the transaction.
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