Mergers & Acquisitions

Yellowstone Landscape Receives Minority Investment from Neuberger Berman Capital Solutions

6481 Yellowstone Landscape NT

M&A Engagement Overview

Industry Group: Business Services
Area of Focus: Commercial and Industrial Services, Landscaping

Harris Williams advised Yellowstone Landscape, Inc., a portfolio company of funds managed by Harvest Partners, LP (Harvest), on the significant minority investment from Neuberger Berman Capital Solutions (NBCS) on behalf of client funds. Yellowstone is a leading provider of commercial landscape services. Harvest funds will maintain majority ownership of Yellowstone. Separately, funds managed by Harvest Partners SCF, LP, Harvest's non-control investment strategy, invested additional funds alongside NBCS.

Yellowstone has customers throughout the United States and provides services that include landscape management, landscape installation, landscape enhancements, tree care services, irrigation and water management, and snow and ice removal. The company is recognized for its commitment to operational excellence, industry-leading service quality, and dedication to customer service.

Yellowstone is a differentiated platform in the highly attractive commercial landscape industry, with a world-class leadership team, focus on recurring maintenance-driven services, and unparalleled operational discipline. It was an honor to represent Yellowstone for the third time since 2015, and we look forward to watching Yellowstone’s continued success in partnership with Harvest and NBCS.

Yellowstone has delivered exceptional long-term growth through a balanced approach of organic initiatives and a disciplined M&A program, all while maintaining strong local relationships in their markets.

NBCS will partner with Yellowstone’s management team and Harvest to continue executing against their strategic plan. There is opportunity for growth in their existing markets, and the company continuously evaluates opportunities to expand service reach while remaining focused on improving tools, practices, and technology to drive efficiencies. NBCS, Yellowstone, and Harvest will also work together to continue to foster a strong company culture and attract industry leading talent to ensure consistent, best-in-class quality across all branches.

Contact the Harris Williams Business Services Group to learn more about this client engagement.