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Monday, Nov 25, 2024

Landscaping Firm Acquires Two Florida Companies

ValleyCrest Landscape Companies has acquired two Florida-based landscape services companies, expanding the local firm’s operations in that state, ValleyCrest announced. The two companies that merged with ValleyCrest were Orlando-based Nanak’s Landscaping, which has five Florida locations, and Tampa-based Raymow Enterprises, which has eight locations. They joined ValleyCrest’s already existing network of more than 30 Florida branches in the state. Terms of the transactions were not disclosed. The deals increase the size of the Calabasas-based firm’s ValleyCrest Landscape Maintenance division by nearly 10 percent. With the mergers, ValleyCrest now employs more than 3,100 people in Florida and serves more than 2,700 customers in the state. “These are two superior landscape firms that have proven track records over an extended period of time for exceeding customer expectations in Florida communities important to ValleyCrest,” said Richard A. Sperber, president and CEO of ValleyCrest Landscape Companies. “We have a unique success rate integrating companies into ours because we work hard to understand what has made these companies successful and leverage these capabilities into our existing operations to make us both better.” ValleyCrest, which was founded in 1949, established its first Florida operations in the 1980s. It has designed, built and maintained properties throughout the state, including Disney’s Animal Kingdom Park in Lake Buena Vista, Curtis Hixon Waterfront Park in Tampa, Naval Air Station Pensacola, and others. Jessica Vernabe

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