Westhook Capital invests in Metco Landscape

September 18, 2018 -  By

Westhook Capital, a Los Angeles-based private equity firm focused on the lower middle market, invested in Metco Landscape, a provider of landscaping installation and maintenance services in Colorado. Terms of the transaction were not disclosed.

Metco will continue to be led by CEO Mark Tomko. Metco’s services include design, installation and maintenance. It operates out of its headquarters in Aurora, Colo., with two additional branches around Denver and one in Colorado Springs.

“We are very proud of our team and what we have built at Metco,” said Tomko. “We are excited to partner with Westhook, who we know shares our dedication to continuing to build an industry-leading landscape business by combining relentless focus on customer satisfaction and providing value to all our customers and team members.”

Westhook recently announced the closing of its inaugural fund, Westhook Capital Partners, with $140 million in commitments. The fund focuses on buyouts of U.S.-based lower middle market companies within the consumer, industrial, business services and health care services sectors.

“We are very excited about partnering with founder and CEO Mark Tomko and the team at Metco Landscape to build on the impressive platform that they have built,” said Michael Hooks, managing partner of Westhook Capital. “This is a highly attractive industry, and we look forward to supporting the company’s next phase of growth initiatives, including strategic acquisitions. The Metco team has demonstrated a deep understanding of the business, detailed knowledge of the market and strong relationships with its customers and suppliers. Also, we appreciate the critical role that Ceibass Venture Partners and Tom Fochtman played in bringing the parties together and facilitating the transaction.”

Ceibass Venture Partners served as financial advisor to Metco.

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