Matt Gilbert
June 1, 2020
HOUSTON, TX (June 3, 2020) – Gilbert & Pardue Business Advisors (GaP) acted as exclusive advisor to Houston Greenleaf Enterprises (Green Leaf) of Houston, TX in its sale to Grounds Control USA (GCUSA) of Charleston, SC. The transaction closed on June 1, 2020.
Houston Greenleaf Enterprises has kept the landscaping looking great for nearly 400 properties in southeast Houston for more than two decades. Customers in Clear Lake, League City, Kemah, Friendswood, Pearland, Seabrook, Webster, Dickinson, and Texas City have come to trust the expertise, dedication, reliability, and professional approach Green Leaf provides when caring for lawns and landscapes.
Grounds Control USA is the nation's premier Exterior Maintenance Service Company offering landscaping, snow and ice removal, and parking lot maintenance. Founded in 2015 as a grass-roots start-up, GCUSA has grown to over 5000 client locations in all 50 states.
Sharla Pottieger, President of GCUSA stated, "Houston Greenleaf Enterprises has established itself as the preeminent leader of landscape services in the southeast Houston market. We see great opportunities to leverage our respective client bases and to expand not only our presence in Houston but also our National Accounts model." Don Pottieger, Jr., CEO of GCUSA added, "Green Leaf is the perfect fit from a cultural standpoint to be the first of 14 acquisitions that we plan to execute over the next couple of years. In our efforts to grow, we will be using Green Leaf as the model for future acquisitions in 13 other US regions."
Matt Gilbert, Founding Partner of GaP commented, “Tom Farinacci and his team at Green Leaf have built a great business serving his hometown community with military precision. GaP was honored to represent their interests in locating the perfect buyer to continue Tom’s legacy. Several established businesses expressed acquisition interest and participated in the process. In the end, GCUSA offered the most complete and attractive package – cultural fit, competitive price, deal structure, ability to retain Green Leaf’s employees and customers, and strategic vision for continued successful growth. COVID-19 presented a unique set of challenges to due diligence such as travel limitations and lenders/attorneys transitioning to remote workplaces. However, all parties patiently worked together to close in a timely and efficient manner. This transaction represents a win-win scenario for our client, their employees and customers, and similar GCUSA stakeholders.”
ABOUT THE COMPANIES
Grounds Control USA
GCUSA is the nation's leading provider of Landscape, Snow/Ice Removal and Parking Lot Maintenance services. Its mission is to provide a single-source service portal for large real estate portfolio clients. GCUSA provides these solutions through vetted field partners, regional support centers, proprietary technology, and award-winning project management. GCUSA aims to deliver best-in-class performance across its business model while adhering to the Company's core values and striving for the highest standards of ethical business conduct. GCUSA is certified by the Women Owned Small Business Program as well as the National Women’s Business Enterprise.
Houston Greenleaf Enterprises
Tom Farinacci and the roots of Green Leaf go back to the 1990s. With a dedicated office staff providing support to experienced crews, Green Leaf operates at an efficiency rate not usually seen in the landscape services business. The Company’s reputation for customer service is over and above what is usually seen in this industry. A modern fleet of Company-branded trucks further serves the business model.
GaP Business Advisors
Gilbert & Pardue Business Advisors (GaP) is a Houston-based business advisory firm serving lower middle market business owners from coast to coast through representation for Mergers & Acquisitions (M&A) and through business value-growth services such as Fractional CFO, Advisory Board, Executive Coaching, and Consulting.
Matt Gilbert and Bret Pardue established GaP to provide these businesses – those who generally enjoy annual revenue of $5-$50 million – with the quality of M&A representation and value-enhancement services previously only available to upper middle and large businesses. GaP brings highly-experienced executives, sophisticated financial and marketing products, proven-effective processes, and fully-integrated expertise to every engagement.
For more information, contact:
GaP Business Advisors
Matt Gilbert, Founding Partner
713-304-1970
Bret Pardue, Founding Partner
713-598-8632