Harvest Partners acquires Yellowstone Landscape

November 5, 2019 -  By
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Harvest Partners acquired Yellowstone Landscape, which ranked No. 5 on the 2019 LM150 list, from CIVC Partners.

Yellowstone, which is headquartered in Palm Coast, Fla., is the second-largest commercial landscaping company in the United States. The company’s management team, led by CEO Tim Portland, will continue to lead Yellowstone and remain significant owners of the business. Additional terms of the transaction were not disclosed.

Yellowstone is a leading provider of commercial landscape services to over 5,000 customers throughout the Southern and Southeastern U.S, including corporate campuses, resorts and hotels, homeowners’ associations, multi-family communities, schools, hospitals and municipalities. The company’s work has been featured in Landscape Management and it was profiled for the 2019 LM150 list.

“On behalf of Yellowstone’s leadership team, we are excited to partner with Harvest and accelerate our growth,” Portland said. “Their capital, experience and enthusiasm will help us continue our pursuit of excellence in commercial landscaping for our current and new customers across the country, deliver continued growth and success across each of our key priorities, and create ever-increasing development opportunities for our outstanding team of landscape professionals.”

Michael DeFlorio, president of Harvest Partners, added that the firm is excited to partner with the Yellowstone team and provide additional financial and strategic services that will help them further their market leadership.

“We have been pursuing commercial landscaping services as a priority sector for several years and believe Yellowstone is a premier competitor in the industry,” said Stephen Carlson, partner at Harvest Partners. “Customers value Yellowstone’s professionalism, commitment to service excellence and scale, and we are excited to be partners with the company through its next phase of growth.”

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