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TAG: BrightView Holdings

People on the Move: Updates from BrightView, HPC Fire Inspired, Gachina and Kioti

November 26, 2019By

BrightView Holdings promoted Amanda Orders from senior vice president of human resources for the company’s maintenance services segment to executive vice president and chief human resources officer. Orders will serve on the company’s executive leadership team and report directly to President and Chief Executive Officer Andrew Masterman. “Mandy is an exceptional human resources executive, leader and tireless advocate for our... read more

BrightView acquires Pro Scapes

August 30, 2019By

BrightView Holdings acquired Pro Scapes, a commercial landscaping company headquartered in Jamesville, N.Y. The terms of the transaction were not disclosed. Pro Scapes began as a one-man operation in the mid-1970s. Under the leadership of founder Rick Kier and his wife, Karen L. Kier, the company grew to become a leading grounds care provider in central New York. The company... read more

Managed exits and BrightView results

May 15, 2019By

Greg Herring reviews BrightView's latest financial records and shares why managed exits are so important for landscape companies. read more

Finance expert Herring on BrightView’s first stumble

February 11, 2019By

In previous articles, I have expressed admiration for BrightView’s ability to grow its operating profit margin quarter after quarter, on a trailing 12-month basis. In the 12 months ended Dec. 31, 2018, BrightView had its first stumble. Two events outside its control contributed to the decline in its operating profit margin. First, hurricane cleanup services provided $17.5 million less revenue... read more

Greg Herring analyzes BrightView’s latest financial update

December 4, 2018By

Managed exits, centers of excellence, wallet share, working capital management. What do those phrases mean? They mean that BrightView Holdings has a strategic plan and is executing that plan. The proof is in the company’s financial results for the year ended Sept. 30, 2018. Before we get to the numbers, let’s review BrightView’s strategic plan because it has great value... read more

Finance expert Herring analyzes BrightView’s financial statements

August 15, 2018By

BrightView released its financial statements and related disclosures for the quarter ended June 30. This information has great value for owners of landscape companies. I have simplified the company’s income statement and provided some observations below. As a CFO, I assemble and review rolling 12-month income statements in seasonal industries like the landscape industry. The table below contains the trailing... read more