In this issue, we celebrate our annual LM150 list, ranking by revenue the top 150 landscape companies in America. Now in its 13th year, the list, sponsored by our friends at Aspire Software, sets a record at a total of $12.6 billion in revenue. A common theme we wanted to have in this year’s coverage of the LM150 was 1)... read more
Maffei Landscape Contractors, based in Mashpee, Mass., partnered with Chenmark Capital Management, based in Portland, Maine. Terms of the deal weren’t disclosed. Founder and CEO Robert Maffei, who began Maffei Landscape while in high school in 1991, will remain CEO. The full-service company has more than 100 employees. Chenmark Capital is a family investment firm focused on acquiring and supporting... read more
Chenmark Capital Management, a firm that acquires small and midsize businesses, purchased Piscataqua Landscaping & Tree Service, based in Eliot, Maine, according to Fosters.com. Terms of the deal were not disclosed. Chenmark, based in Portland, Maine, also acquired Seabreeze Property Services in late 2015. Piscataqua, founded by Booth Hemingway in 1979, does about $9 million in annual revenue, according to... read more
Chenmark Capital Management, a family investment firm, acquired Seabreeze Property Services in Portland, Maine, in September 2015. Terms of the deal were not disclosed. “We spent a long time looking for the right company and management to partner with, and couldn’t be more excited about the future of Seabreeze Property Services,” said Palmer Higgins of Chenmark. “We are eager to help build the company into... read more
