PLYMOUTH MEETING, Pa. – BrightView Landscapes has announced the acquisition of Marina Landscape Maintenance. Marina Landscape Maintenance employs nearly 400 people and services 200 client sites in Orange County, and the greater Los Angeles, Inland Empire and Northern California markets. In 2016, it was ranked 21st on the Lawn & Landscape Top 100 list.
Terms of the deal, which closed Jan. 1, 2017, will not be disclosed.
“This is a great addition to the BrightView family and one that will help us strengthen our presence in the key Southern California market,” said BrightView Chief Executive Officer Andrew Masterman. “Like BrightView, Marina has a long tradition of innovation and client service and we are delighted to welcome them into our company. We are continuing to seek out acquisition opportunities with landscape maintenance companies that share our dedication to clients and team members.”
“We have worked for decades to build up our maintenance business and we are gratified that a company like BrightView recognizes and values the commitment to our clients, employees and the industry,” said Marina Landscape Maintenance Vice President Marty Stowell. “BrightView and Marina share many of the same values, including an unwavering commitment to our clients and to the safety, well-being and career advancement of team members.”
Stowell will remain as vice president and general manager.
King & Spalding LLP served as legal advisor to BrightView, and Massumi + Consoli LLP served as legal advisor to Marina.
This move marks BrightView’s first significant acquisition since forming in 2014. The company acquired a small tree company, Swan Hill Olive, near Phoenix in September of 2014.
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