Comvest has acquired Bland Landscaping Company
Bland Landscaping Company has been acquired by Comvest Private Equity.
Comvest Private Equity is the equity strategy of Comvest Partners, a leading private equity and credit investment firm with $12.9 billion of assets under management and over $14.4 billion invested since its inception in 2000.
Founded in 1976, Bland provides a comprehensive suite of premium 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, a portfolio company of Prospect Partners, is a clear market leader in the landscaping and stormwater management services sector in the Carolinas; the Company has completed seven complementary acquisitions since 2019 and currently has more than 700 employees located across 12 branch locations.
Prospect Partners is a leading investor in pre-middle market businesses – partnering with management to accelerate growth via operational improvements and acquisitions.
Oaklins TM Capital in the USA served as exclusive financial advisor to Comvest Private Equity in its acquisition of Bland Landscaping, an Apex, North Carolina-based regional provider of commercial landscaping services. TM Capital’s Business Services practice has significant transaction experience in the commercial facility services sector, having completed multiple buy- and sell-side engagements over the past decade involving private equity, family-owned and strategic parties.
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