BrightView Acquires Apex Land Group

BrightView Acquires Apex Land Group

Apex Land Group logoBrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of Apex Land Group, LLC, a commercial landscaping company, based in Myrtle Beach, S.C. Terms of the transaction were not disclosed.

Apex is one of the market’s top service providers. Founded in 2019 by Conall O’Brien, Apex is a full-service landscaping company specializing in commercial landscape management, irrigation, and new construction landscape installation. The acquisition of Apex expands BrightView’s Myrtle Beach presence.

“BrightView’s acquisition of Apex Land Group is another step in our long-term strategy of growing our business and strengthening our position as the country’s leading landscaping company,” said Andrew Masterman, BrightView President and CEO. “With its strong maintenance portfolio and focus on delivering quality service, Conall has established Apex as one of Myrtle Beach’s premier landscaping services providers. We look forward to welcoming Apex team members to the BrightView family and working in concert with them to expand our market services and opportunities.”

“The Apex team couldn't be more excited to join forces with BrightView. We have an exceptional group of dedicated people that are capable of so much,” said O’Brien. “It feels good to be working with so many like-minded individuals that put their people first and are committed to delivering great service and a superior product to the customer. We are proud of what we have built and are excited to take it to the next level with BrightView.”

 

Forward-Looking Statements

This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations regarding results of operations from companies we acquire and other financial and operating information. You can identify these forward-looking statements by the use of words such as “believes,” “guidance,” “target,” “expects,” “potential,” “continues,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties and factors, including the following: BrightView may not be able to achieve the anticipated benefits of the acquisition transaction, including revenue, profits, growth and opportunities for synergies; BrightView may be unable to successfully implement integration strategies; results of operations may be lower than expected; operating costs, customer loss, and business disruption may be greater than expected; and BrightView may assume unexpected risks and liabilities. Additional factors that could cause BrightView’s results to differ materially from those described in the forward-looking statements can be found under “Item 1A. Risk Factors” in our Form 10-K for the fiscal year ended September 30, 2021, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the SEC. Any forward-looking statement made in this press release speaks only as of the date on which it was made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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Winter is Coming: BrightView Debuts New Snow Services Brand

Winter is Coming: BrightView Debuts New Snow Services Brand BrightView Snow Services recognizes company’s position as nation’s premier provider of commercial snow and ice management
BrightView Snow Services New Branding
BrightView formally announced its new Snow Services brand to solidify its position as an industry leader.  

With winter around the corner and parts of the country already experiencing measurable snowfall, BrightView (NYSE: BV), the leading commercial landscaping services company in the United States, today formally introduced a new name and brand for its snow and ice management services – BrightView Snow Services. The new brand reflects the prominent role snow removal plays across BrightView's portfolio. 

While BrightView has long been a leader in snow and ice removal services, the acquisitions of TDE Group, Winter Services, Inc, and Cutting Edge Property Maintenance have further expanded and enhanced the company’s snow leadership and operational capabilities.

“With the recent acquisitions, we’ve further strengthened our position as the premier provider of commercial winter services. The creation of the BrightView Snow Services brand reflects our industry leadership in snow and ice management as well as distinguishes our expertise and competency,” said Jamie Gollotto, President, Seasonal Maintenance Services. “BrightView Snow Services will make the winter months, inclement weather, and inconvenient conditions that come along with it, safe with minimal disruption.”

Businesses and property managers rely on BrightView’s ability to quickly mobilize and react to snowfall events to ensure their parking lots, walkways, and other surfaces are properly treated. State-of-the-art equipment, highly skilled team members, and dedicated snow management training programs enable BrightView to provide customers with year-round support to ensure the cold season does not impact their daily routine. This includes:

  • Detailed property mapping
  • A customized snow management plan
  • Pre-season planning, site inspections, and pre-storm preparation
  • 24/7 storm monitoring that ensures timely action to keep your property safe

As part of the brand rollout, the new BrightView Snow Services logo will adorn our expanding snow-specific equipment and vehicles, including plows, snow blowers, salt spreaders, and skid steers.

Maintenance
Snow truck
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Accelerated Deployment of Eco-Friendly Fleet

BrightView Landscapes Accelerates Deployment of Eco-Friendly Fleet Nation’s largest commercial landscaper continues to reduce greenhouse gas emissions with addition of 250 more hybrid cars and trucks
BrightView ESG Sustainability
BrightView continues to introduce eco-friendly vehicles to its fleet, including the Ford Maverick Hybrid (left) and Honda Accord Hybrid. 

BrightView, the nation’s leading commercial landscaping company, today announced the addition of more than 250 hybrid vehicles to its management fleet, as part of its strategy to reduce greenhouse gas emissions. With the introduction of these vehicles, BrightView’s field manager fleet of electric and hybrid cars and trucks will total nearly 700 by the end of 2023.

This newest deployment includes Ford Maverick Hybrids, Honda Accord Hybrids, and Toyota Corolla Hybrids. Earlier this year, BrightView announced the addition of 100 Chevy Bolt EUVs.

“As the commercial landscaping industry leader, we’re continually driving for a greener future,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Whether it’s within our management fleet, production equipment, or service applications, we are committed to pursuing initiatives and implementing programs that minimize our impact on the environment.” 

The migration to electric and hybrid vehicles is part of BrightView’s four-year plan for converting its fleet of 3,000 field manager cars and trucks to more sustainable power sources and represents another step toward achieving BrightView’s broader environmental sustainability goal of becoming carbon neutral.

BrightView’s “greener future”

BrightView continues to incorporate sustainable practices into its everyday operations to help protect and preserve the environment. By converting gas and two-cycle landscaping equipment to battery power, deploying an eco-friendly fleet of vehicles, reducing water usage through smart irrigation technology systems, and moving its real estate infrastructure to green and sustainable energy, as well as other meaningful efforts, BrightView’s forward-thinking approach to helping realize a brighter, greener future is further transforming the commercial landscaping marketplace.

Maintenance
Accelerated Expansion of Eco-Friendly Fleet
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BrightView Acquires Syringa Landscape

BrightView Acquires Syringa Landscape

Syringa Landscape logoBrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of Syringa Landscape, LLC, a commercial landscaping company, based in Boise, Idaho. Terms of the transaction were not disclosed.

Syringa Landscape is one of Boise’s landscape leaders, with a focus on commercial landscape maintenance, installation, and snow removal. Founded in 2008, Syringa’s quality of service is assured by a team of skilled individuals, many of whom were professionally educated in landscape architecture at the University of Idaho and University of Arizona, and who have gained experience and training from major landscape firms throughout the United States. Syringa services marquee accounts in the greater Boise market, including medical facilities, apartment complexes, corporate campuses, and homeowners’ associations.

“The addition of Syringa Landscape will help to further strengthen our maintenance and development operations in and around Boise – one of the fastest growing markets in the country,” said Andrew Masterman, BrightView President and CEO. “Having established itself as one of the market’s strongest and most respected landscapers, we look forward to welcoming Syringa’s team to the BrightView family and to build upon their relationships and reputation to identify new business opportunities, while continuing to provide exceptional service and customer care.”

“We are excited to take our company to the next level with BrightView,” said Syringa Landscape owners Rick Prescott and Ken Kope, “At Syringa, we have created a solid base in the Boise marketplace, with a reputation as Landscape Craftsmen. We look forward to cultivating new relationships, building new projects, and maintaining our quality of work.”

BrightView entered the Boise market earlier this year, with the acquisition of Intermountain Plantings.

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BrightView Reports Third Quarter Fiscal 2022 Results

BrightView Reports Third Quarter Fiscal 2022 Results

BrightView Holdings, Inc. (NYSE: BV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the third quarter ended June 30, 2022.

“We delivered strong third quarter revenues powered by organic growth and our excellent M&A engine. In addition, we strategically managed through inflationary headwinds, most notably rising fuel prices, with tenacity and focus on positioning BrightView for long-term success,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Although we are operating in a dynamic environment, our business fundamentals remain strong, our execution is at the highest level and our strategy is validated by the momentum in our business, giving us confidence that we remain poised for long-term profitable growth.”

Read the full report here.

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BrightView Prepares for MLB Field of Dreams Sequel

BrightView Prepares for Major League Baseball’s Field of Dreams Sequel Official Field Consultant of MLB brings ballpark to life in an Iowa cornfield
MLB at Field of Dreams baseball field cornfield BrightView Iowa
The Field of Dreams game is yet another special project in a long line of celebrated games that BrightView has assisted MLB.

We built it and they’re coming… again! As anticipation builds for the encore to last year’s MLB at Field of Dreams game, BrightView (NYSE: BV), the Official Field Consultant of Major League Baseball, is deep in the thick of a Dyersville, Iowa cornfield fine tuning and carefully manicuring the major league field inspired by the beloved 1989 film.

With the second installment of the Field of Dreams classic scheduled for Aug. 11, BrightView is again working with MLB to bring this vision to life and ensure the field conforms to major league playing standards. And the sequel, featuring the Cincinnati Reds and Chicago Cubs, promises to be just as epic.

Since MLB announced the Field of Dreams series in 2019, BrightView has worked with MLB to draw up plans and carve out and maintain an MLB caliber ballfield in a cornfield adjacent to the Dyersville farm where the movie was filmed and the original field still stands. In fact, the distance from the movie site’s homeplate to the MLB field’s homeplate is exactly 1,000 feet.

Led by Murray Cook, President of BrightView’s Sports Turf division, BrightView performed all site work and constructed the ballfield, bullpens, fencing, and foul poles, as well as oversaw installation of the outfield wall, backstop net, and various player-related areas. The team also managed the planting of the corn that is part of the iconic outfield background. 

“This was an incredibly satisfying project,” said Cook. “Our goal was to build a field that not only replicates the Field of Dreams movie magic, but make it so players are literally stepping out of the cornfield onto a first-class major league field that has been transplanted in the middle of an Iowa farm. We built it, and they came.”

Come gametime, BrightView’s 12 person grounds crew, which includes eight native Iowans, is responsible for mowing, painting, and lining the field, as well as raking the base paths, grooming the infield, and changing bases between innings.

“MLB at Field of Dreams exemplifies BrightView’s passion for and commitment to helping bring grandiose ideas, improbable concepts, and even movie dreams to life,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Each project we work on with Major League Baseball is unique and presents its own challenges, but Murray and his crew are the best in the business and they always rise to the occasion.”

Field of Dreams Field Facts

  • 100,000 square feet of sod was laid
  • 30,000 cubic yards of material was excavated
  • 4,000 tons of sand and 2,000 tons of pea gravel was installed under the new grass
  • 300 pounds of grass seed was used
  • 159 acres of corn, standing 10 to 12 feet tall, surround the field
  • 8 Iowans work on BrightView's gameday grounds crew

BrightView is the nation’s leading commercial landscape company, providing a wide range of services, from design, maintenance, and snow and ice removal to tree care, golf course maintenance, sports turf, and more.

The Field of Dreams game is yet another special project in a long line of celebrated games that BrightView has assisted MLB. Following completion of this game, BrightView will again oversee field management for MLB’s Little League Classic in Williamsport, Pa., where the sports turf team has maintained historic Bowman Field since the inaugural contest was played in 2017. The company has also worked with MLB to develop, construct, and maintain fields for the Fort Bragg Game (2016), London (2019) and Japan (2019) series, and the historic exhibition game played in Havana, Cuba (2016), among other notable games.

 

Field of Dreams © Universal City Studios LLC. All Rights Reserved.

Sports Turf
MLB at Field of Dreams baseball field cornfield Iowa
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NBRI Recognizes BrightView Landscapes Commitment to Customer Engagement

National Business Research Institute recognizes BrightView for Its Commitment to Customer Engagement BrightView Snow Services earns a place in National Business Research Institute's Circle of Excellence
BrightView Snow Services Team wins prestigious award
The NBRI Circle of Excellence Award recognizes organizations that demonstrate high levels of Customer Experience through rigorous, scientific, and psychological research of their customers.

The National Business Research Institute (NBRI) is pleased to once again welcome BrightView, the nation’s leading commercial landscaping company, to the NBRI Circle of Excellence! This is the fourth consecutive year that BrightView’s Snow Services team has won the prestigious award.

The NBRI Circle of Excellence Award recognizes organizations that demonstrate high levels of Customer Experience through rigorous, scientific, psychological research of their customers. Organizations must score at or above Stretch Performance at the 75th percentile of their industry.

BrightView is compared to – or benchmarked against – its industry, which is a subset of NBRI’s Big Data of 10.5 billion survey answers. BrightView is performing at the 82nd percentile for Snow/Ice services. NBRI commends the leadership of BrightView for their commitment to scientific, psychological research of its customers and continuous improvement of its customer experience.

“At BrightView, we take pride in delivering best-in-class services and results for our customers,” said Jamie Gollotto, BrightView President, Seasonal Maintenance. “Not only is customer satisfaction a key success factor in every aspect of our business, it’s at the heart of what we do, day-in and day-out. We are honored to be recognized, once again, by NBRI for our commitment to excellence in Snow Services and I thank our team for continually striving to improve and enhance the customer experience.”

BrightView embraces the best practice of continually assessing customer experience, and targeting the variables that drive satisfaction, including job satisfaction, management style, culture, and fairness. NBRI’s root cause analysis, including linear regressions and random forest models of BrightView’s raw data, provide BrightView with the keen insight and actions necessary for the continuous improvement of customer thinking, behavior, and experience.

“Great business leaders manage the people, processes, and products of their organizations. They understand that the rich information NBRI obtains from their customers enables them to manage how people experience their organization in a highly accurate, effective, and targeted manner. Those experiences drive the financial performance of every organization, whether for the better or for the worse. Understanding thinking and managing experiences for maximum performance is what we do at NBRI,” said Dr. Jan G. West, Ph.D., CEO & Psychologist at NBRI. “BrightView’s high achievement of earning this prestigious award is a direct result of BrightView’s dedication to measuring and improving their customer experience.”

About NBRI

NBRI conducts psychological Employee, Customer, and Market Research for businesses, and uses this data to help organizations leverage these human factors to make improvements to operations and strategy. With its extensive experience across all industries, NBRI’s research teams bring their clients a combination of deep industry knowledge and expert advice. NBRI’s mission is to help their clients set new standards of excellence in their industries. NBRI product offerings, such as benchmarking and deep, inferential analyses like random forest with artificial intelligence and machine learning, ensure NBRI clients focus on the most impactful issues in the most effective ways.

Snow & Ice
snow
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Electric Fleet Conversion Continues with Deployment of 100 Chevrolet Bolt EUVs

BrightView Continues Electric Conversion of Fleet Vehicles with Deployment of 100 Chevrolet Bolt EUVs Newest Addition of Electric Cars Furthers the BrightView’s Sustainability Pledge to Reduce Greenhouse Gas Emissions
Sustainability Pledge furthered with fleet of Chevy Bolt EUVs
BrightView announced the purchase of 100 electric-powered Chevrolet Bolt EUVs that will be put into service across the country beginning this month.

As part of its ongoing effort to convert its fleet of vehicles to electric, BrightView, the nation’s leading commercial landscaping company, today announced the purchase of 100 electric-powered Chevrolet Bolt EUVs that will be put into service across the country, beginning this month. With the deployment of these new cars, BrightView’s management fleet is now comprised of nearly 400 electric and hybrid vehicles.

Over the next four years, the company’s aim is to convert its fleet of 3,000 field managers’ vehicles to electric and hybrid. Today’s announcement – and similar enterprise efforts – is a part of BrightView’s overall environmental sustainability strategy of reducing its carbon footprint and becoming carbon neutral by 2035.

“As a company dedicated to developing, designing, and maintaining the best landscapes on Earth, we are continually seeking sustainable solutions that minimize our impact on the environment,” said Andrew Masterman, BrightView President and Chief Executive Officer. “The addition of electric and hybrid vehicles is yet another example of our commitment to investing in the future of our planet and achieving our environmental goals.”

BrightView’s Sustainability Journey

BrightView’s quest toward carbon neutrality began more than 10 years ago and continues today by incorporating sustainable practices into its everyday operations to help protect and preserve the environment. These measures include, but are not limited to:

  • Continuing to electrify its fleet of 11,000 vehicles to reduce emissions

  • Converting gas and two-cycle landscaping equipment to battery power

  • Utilizing smart technology in irrigation systems to reduce water usage

  • Moving its real estate infrastructure to green and sustainable energy

Did You Know?

  • BrightView is partnering with the Arbor Day Foundation to plant 300,000 trees throughout the U.S. by January 2023. These trees are in addition to the more than 80,000 trees and millions of shrubs, ornamentals, and grass BrightView plants annually.

  • BrightView provides water-efficient landscaping services and partners with clients to reduce their water and energy use. The mix of smart irrigation strategy and technologies – along with client education – contribute to overall water efficient practices.

For more information on BrightView’s commitment to sustainability, visit www.BrightView.com.

Sustainability
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Environmental Sustainability

These are just a few examples of how our commitment to sustainable operations is benefiting clients and the environment today.

BrightView Holdings, Inc. Announces Third Quarter Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

BrightView Holdings, Inc. Announces Third Quarter Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

BrightView Holdings, Inc.(NYSE: BV) will hold its third quarter fiscal year 2022 earnings conference call on August 4, 2022, at 10 a.m. EDT. A press release detailing the Company’s third quarter results will be issued prior to the call. Instructions to join the conference call are provided below:

Conference telephone number:

United States Dial-in: (844) 200-6205
International Participant Dial-in: (929) 526-1599
Access Code: 135741

This call will be recorded:

North American Replay: (866) 813-9403
International Replay: +44 204 525 0658
Replay Available: Until August 11, 2022, at 11:59 p.m. EDT
Access Code: 812407

Webcast can be accessed here:

BrightView President and Chief Executive Officer Andrew Masterman, together with Executive Vice President and Chief Financial Officer John Feenan, will host the conference call and webcast. The press release, earnings presentation and live webcast will also be accessible on the Company's investor website.

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BrightView Acquires SGS Hawaii

BrightView Acquires SGS Hawaii

SGS logo Hawaii acquisitionBrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of SGS Hawaii, a commercial landscaping company headquartered in Wailuku, Hawaii, with operations on Maui, the Big Island, and Kauai. Terms of the transaction were not disclosed.

Founded in 1995, SGS Hawaii is a premier resort landscaping company with a loyal customer base in the resort industry. With more than 100 landscape professionals and a predominantly electric fleet, SGS focuses primarily on the hotel and resort sector, with services ranging from grounds management and lawn maintenance to irrigation, tree trimming, arbor care, soil testing, and fertilization.

“We are excited to welcome SGS Hawaii’s team members to the BrightView family, as we continue to grow our presence in Hawaii and execute upon our successful long-term acquisition growth strategy,” said Andrew Masterman, BrightView President and Chief Executive Officer. “SGS’ expertise in the hotel and resort industry strengthens our portfolio, while its commitment to reducing carbon emissions through the use of electric powered equipment is the perfect complement to our environmental sustainability strategy.”

“SGS Hawaii has established a reputation across Hawaii’s resort industry for using battery powered lawn equipment to minimize noise and emissions and for our wide use of effective organic fertilizers,” said Sidney Sparkman, RME, President of SGS Hawaii. “BrightView offers our company a national stage to demonstrate that landscape management can and should be stewards of the environment – this is SGS ' platform and BrightView’s vision! The BrightView Ohana brings significant opportunities and resources for our staff, which in turn will further enhance the client experience.”

SGS Hawaii is the second Hawaiian landscaping firm BrightView has purchased this year, joining Honolulu-based Performance Landscapes, which was acquired in January.

BrightView Development Services has been a licensed landscape and irrigation contractor in Hawaii since 2008. In addition to renovating the Hualalai Four Seasons in Kona following a tsunami in 2011, BrightView also restored the irrigation system for the Hilton Waikoloa Village and Resort and performed landscape architecture work at the Four Seasons Maui.

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