Los Angeles-based Monarch Landscape Companies, a national
provider of high-quality commercial landscaping services, announced the
acquisition of DynaServ Florida, LLC, a 30-year, family-owned and operated
full-service commercial landscape company based in Davie, Fla., that services
commercial properties, municipalities, HOAs and utilities. Terms of the deal
were not disclosed.
Founded in 1994, DynaServ is a full-service provider of
landscape maintenance, enhancement, arbor care, water and irrigation,
fertilization and pest control, snow and ice removal and disaster recovery
services. With over 200 employees and a network of over 100 contractors, the
company services clients across 12 mostly Southern states, reaching as far
north as North Carolina and as far west as New Mexico.
“DynaServ represents both a strategic and cultural fit for the
Monarch platform, and we’re excited to welcome the entire DynaServ team into
our organization,” says Brian Helgoe, CEO and founder of Monarch. “The addition
of DynaServ marks a critical milestone in our efforts to expand Monarch’s
footprint and diversify revenues, and we expect to accelerate growth in
existing and adjacent geographies, while building upon DynaServ’s significant
subcontractor network to better service regional and national customers.”
Brad Gruber will continue to drive strategic direction and
business development for Monarch’s Florida operation, while Sean Foreman and
Douglas Tripodo will lead self-perform and subcontractor operations,
respectively.
“In exploring our strategic alternatives, Monarch stood out as a
national operator with considerable momentum behind its business; but more
importantly, Monarch stood out as an ‘employer of choice,’” Gruber says.
“Monarch’s appreciation for their people and their team-first approach will
allow us to build upon our legacy at DynaServ, while reinforcing a critical
differentiator that will facilitate our continued growth under Monarch. On
behalf of the entire DynaServ team, we’re excited to join the Monarch family of
companies.”
Monarch has been an active acquirer in high-end landscaping
companies, and over the past two years has completed six add-on acquisitions,
including partnerships with Texscape Services based in Houston, Texas, and
Environmental Designs based in Brighton, Colorado. The acquisition of DynaServ
closely followed Monarch’s acquisition of True North Landscapes, a Santa Rosa,
California-based full-service landscape operator focused on sustainability and
innovation.
“We’re creating a national presence to service both our local
clients as well as national commercial customers, and we continue to pursue
acquisitions in new and existing geographies,” Helgoe says. “We see ourselves
as a preferred acquirer and have made considerable investments in our platform
to continually enhance operations, drive employee retention and growth, and
help our acquired companies reach new customers within their markets.”
Latest from Lawn & Landscape
- Echo secures Sourcewell contract for public agencies
- New AI startup Plantista launches crowdfund for firewise landscaping
- Residential in the rear view
- Harness the Power of Emotion to Attract Lawn Care Clients
- Ignite Attachments introduces tree and fence post puller
- Landscape Workshop acquires 2 in Virginia markets
- Schill Grounds Management acquires Elevations Landscaping
- Central Turf & Irrigation rebrands as Central Pro Supply