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CityLeaf and Medallion Landscape receive investment

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Seacoast and Galaxi Group made a $9.6M investment in the San Francisco-area maintenance, landscape design, arbor care and holiday décor businesses.

Seacoast Capital, a growth capital investor, and Galaxi Group, a technology-driven investor, have invested $9.6 million subordinated debt and redeemable preferred stock investment in support of CityLeaf and Medallion Landscape’s alliance.

CityLeaf and Medallion Landscape offer commercial interior and exterior landscape design and maintenance, arbor care, holiday décor and more. City Leaf and Medallion Landscape customers include corporate campuses, health care facilities, homeowners associations and apartment complexes in the San Francisco Bay area.

“This combination of two individually strong businesses into one strategic powerhouse in the landscaping space was attractive to us from day one,” said Jeff Holland, a partner at Seacoast Capital. “That, combined with the highly experienced management team and the decreased seasonality in the joint landscaping operations reinforced our investment thesis. We look forward to a long and prosperous relationship with both CityLeaf and Medallion.”

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