BrightView Golf Selected to Maintain Ironwood Golf Club in Gainesville, Fla.

BrightView Golf Selected to Maintain Ironwood Golf Club in Gainesville, Fla.

BrightView Golf Maintenance, the premier provider for golf course maintenance services, recently added to its industry-leading portfolio of 29 municipal partners by signing a partnership agreement with the City of Gainesville at its 18-hole Ironwood Golf Club, located in north-central Florida.

BrightView will be responsible for all aspects of course maintenance, including turf, irrigation, and equipment, with its primary focus on improving golf course conditions.

“This is a great opportunity for BrightView to demonstrate its core capabilities on improving playing surfaces and overall course conditions,” said Terry McGuire, Vice President of BrightView Golf Maintenance. “We are looking forward to meeting player expectations by implementing BrightView’s comprehensive prescriptive-based agronomic plan.”

Located in the hometown of the University of Florida and its Florida Gators sports teams, Ironwood Golf Course is an 18-hole municipal course with an outstanding layout sculptured around century-old pines and shimmering lakes, contoured fairways, and strategically placed bunkers. The course is owned by the City of Gainesville.

“We are extremely excited to have BrightView join the Ironwood family,” said Jeff Cardozo, Ironwood Golf Course Manager. “Their research, attention to detail about the golf course, and their willingness to continue our Audubon certification made it a no-brainer when looking for a maintenance company to provide their services to the city of Gainesville. From day one, they have jumped in and implemented many things that show their vision for the course and we look forward to joining their vast portfolio of well-maintained golf courses.”

With 40 years of experience and more than 80 partner courses, BrightView Golf Maintenance has refined the art, science, and operations of golf course maintenance to bring their clients better playing conditions, reductions in cost, and improved crew training.

Golf Course Maintenance Blue Bell - Corporate

BrightView Golf Selected to Maintain Southport Golf Course

BrightView Golf Selected to Maintain Southport Golf Course
Southport Golf Course Massachusetts
BrightView Golf Maintenance will be responsible for all aspects of course maintenance at Southport's golf course, including turf, irrigation, and equipment.

Continuing its mission as the premier provider of golf course maintenance services, BrightView Golf Maintenance added to its industry-leading portfolio by signing a partnership agreement with the Southport residential community on Cape Cod to maintain their 9-hole golf course. This marks BrightView’s ninth residential community golf course and fourth in the Northeast.

BrightView will be responsible for all aspects of course maintenance, including turf, irrigation, and equipment, with a main priority to always provide the finest golf course conditions.

“While experienced in all types of golf facilities, BrightView has a proven niche partnering with residential communities,” said Vince Gilmartin, Vice President of BrightView Golf Maintenance. “We understand the unique passion residents have for their golf courses in these communities and look forward to leveraging our customized planning and processes to help Southport succeed, especially in terms of conditions that drive member and resident satisfaction.”

Southport is an elegant 55+ community developed specifically for active adults located on Cape Cod in Mashpee, Mass. Residents enjoy a low-maintenance lifestyle with beautifully designed homes. A clubhouse with well-appointed amenities, such as indoor and outdoor heated pools, a fitness center, aerobics room, tennis courts, and the golf course, offer homeowners endless opportunities to stay socially and physically active. In addition to maintaining the golf course, BrightView was also selected to handle all the landscape maintenance throughout the Southport community.

One of the key reasons Southport has been acclaimed as one of the top retirement communities in Massachusetts is because of their exceptional golf course. It has been described as one of “the real gems of all Cape Cod golf courses.”

With 40 years of experience and more than 80 partner courses, BrightView has refined the art, science, and operations of golf course maintenance to bring their clients better playing conditions, reductions in cost, and improved crew training.

Golf Course Maintenance Blue Bell - Corporate

BrightView Holdings, Inc. Announces Second Quarter Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

BrightView Holdings, Inc. Announces Second Quarter Fiscal Year 2022 Earnings Release Date, Conference Call and Webcast

BrightView Holdings, Inc. (NYSE: BV) will hold its second quarter fiscal year 2022 earnings conference call on May 5, 2022, at 10 a.m. EDT. A press release detailing the Company’s second quarter results will be issued prior to the call. Instructions to join the conference call are provided below:

Conference telephone number:

   

United States Dial-in:

 

(844) 200-6205

International Participant Dial-in:

 

(929) 526-1599

Access Code:

 

039418

 

 

 

This call will be recorded:

 

 

North American Replay:

 

(866) 813-9403

International Replay:

 

+44 204 525 0658

Replay Available:

 

Until May 12, 2022, at 11:59 p.m. EDT

Access Code:

 

494285

Webcast can be accessed here:

BrightView President and Chief Executive Officer Andrew Masterman, together with Executive Vice President and Chief Financial Officer John Feenan, will host the conference call and webcast. The press release, earnings presentation and live webcast will also be accessible on the Company's investor website.

Blue Bell - Corporate

BrightView Announces Agreement to Repurchase Remaining Shares from MSD Partners

BrightView Announces Agreement to Repurchase Remaining Shares from MSD Partners

BrightView Holdings, Inc. (NYSE: BV) today announced that it has entered into an agreement to repurchase the remaining 5.9 million shares of BrightView common stock held by MSD Partners and affiliates at a purchase price of $12.33 per share, representing a 6 percent discount from the NYSE official closing price of BrightView common stock on March 11, 2022.

The total purchase price for the shares will be approximately $72.8 million and will be funded from cash and cash equivalents on hand, as well as borrowings under the Company’s credit facilities. The transaction, which was made in connection with BrightView’s share repurchase program announced on December 6, 2021, is expected to be completed on April 4, 2022.

“We would like to thank MSD for their long-term partnership with BrightView,” said Andrew Masterman, BrightView President and CEO. “Since 2006, they have provided support and guidance while we have executed on our growth strategy and transitioned into a publicly-listed company.”

Blue Bell - Corporate

BrightView Acquires TDE Group

BrightView Acquires TDE Group

TDE Group logoBrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of TDE Group, a snow removal and commercial landscaping company headquartered in suburban Detroit with operations in Windsor, Ontario. Terms of the transaction were not disclosed.

TDE Group is the 34th firm to be purchased by BrightView under its successful long-term acquisition growth strategy.

“BrightView continues to execute on our ‘strong-on-strong’ acquisition program in which we actively seek out exceptional businesses to expand our existing operations in attractive markets. Bringing TDE under the BrightView umbrella allows us to grow in a profitable market and bring highly trained and motivated team members into the company,” said Andrew Masterman, BrightView President and CEO.

In addition to snow removal, TDE Group provides landscaping maintenance services in the Detroit/Windsor metropolitan areas and beyond. Among TDE’s most prominent clients are auto manufacturers and the Detroit Metro Airport. TDE employs more than 125 people.

“The addition of TDE Group and their skilled crews is a great enhancement to our operations in the Upper Midwest,” said Jamie Gollotto, President of BrightView Maintenance Services Seasonal Division. “Their expertise in both winter services and landscaping makes them a perfect year-round complement for our existing branches in this important region.”

Eddie Conte, TDE’s President and CEO said, “TDE Group is happy to have become part of the BrightView family. This partnership will provide our employees with significant growth opportunities both in the USA and Canada. Our clients will continue to enjoy our meticulous self-performed approach to snow removal with a larger depth and breadth of landscape service offerings that far exceed what TDE could have done on its own.”

Blue Bell - Corporate

BrightView Acquires Intermountain Plantings

BrightView Acquires Intermountain Plantings

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of Intermountain Plantings, LLC, a commercial landscaping company headquartered in Salt Lake City. Terms of the transaction were not disclosed.

“Intermountain Plantings is a great addition to our maintenance and development operations in the Mountain West,” said Andrew Masterman, BrightView CEO and President. “In our industry, a positive reputation is built on quality, safety and service, which have been hallmarks of Intermountain’s operations for nearly three decades. It is a great pleasure to welcome them to BrightView.”

Intermountain Plantings specializes in both landscape development and maintenance. More than 340 team members work out of branches in suburban Salt Lake City and Boise, Idaho. Since 1994, Intermountain has built and maintained some of the largest and most complex landscape projects in the region. The company employs landscape experts with industry-specific certifications and training, including certified irrigation contractors, ISA-certified arborists, and licensed pest management workers.

“We are delighted to become part of the BrightView team and continue our journey in developing and maintaining beautiful and sustainable landscapes in the Intermountain West,” said Chad Richards, CEO of Intermountain Plantings. “I am so proud of the reputation our team has built and the award-winning projects they’ve masterfully crafted. We have an exceptional team and feel strongly about the opportunities this creates for them and our wonderful clients.”

Blue Bell - Corporate

BrightView Acquires NatureScape

BrightView Acquires NatureScape

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of NatureScape LLC, a landscape maintenance and development company headquartered in Phoenix, Ariz. Terms of the transaction were not disclosed.

“With the addition of NatureScape we expand our reach in Maricopa County, a key evergreen market,” said BrightView President and Chief Executive Officer Andrew Masterman. “NatureScape’s commitment to client service, quality execution and safety mirrors ours and we couldn’t be more pleased to welcome this exceptional team to the BrightView family.”

NatureScape is the premiere, full-service commercial landscape company serving clients across the Valley of the Sun. The company has 110 team members, including experts in grounds maintenance, irrigation management, landscape installation and arbor care. NatureScape clients include homeowners’ associations, property managers and commercial sites.

“With this transaction, I believe BrightView got stronger, and I know NatureScape employees now have opportunities that are greater than we could have given them yesterday,” said NatureScape owner Brian Smith. “Our clients are also big winners. The resources and systems BrightView brings to the table will only enhance the quality and relationships we have been able to build.”

Blue Bell - Corporate

BrightView Acquires Winter Services Incorporated

BrightView Acquires Winter Services Incorporated

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of Winter Services Incorporated, a snow and ice management company headquartered in Ringwood, N.J. Terms of the transaction were not disclosed.

“The acquisition of one of the Northeast’s most respected snow and ice management firms allows us to expand our services in this region and enhance our existing snow removal operations in the Tri State Area,” said BrightView President and CEO Andrew Masterman. “In addition to highly trained crew members, including several certified snow professionals, Winter Services brings upgraded equipment and techniques to BrightView. We are delighted they have chosen to become part of our company.”

Winter Services employs 125 team members (450 during peak snow season) and serves clients throughout New Jersey, lower New York, lower Connecticut, eastern Pennsylvania and Delaware.

“We are excited to be a part of the BrightView team,” said Winter Services owner Mark Moore. “We look forward to helping expand BrightView's portfolio and collaborating on developing best-in-class snow and ice management strategies.”

Blue Bell - Corporate

BrightView Reports First Quarter Fiscal 2022 Results

BrightView Reports First Quarter Fiscal 2022 Results

BLUE BELL, Pa.--(BUSINESS WIRE)-- BrightView Holdings, Inc. (NYSE: BV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the first quarter ended December 31, 2021.

“We are pleased with Maintenance Land revenue growth of 11.0% and Land organic revenue growth of 7.3%. Combined with the results of BrightView’s strong-on-strong acquisition strategy, and the benefits of the investments we are making in our expanded sales team and sales enablement technologies, we realized continued healthy growth in spite of continued pandemic impacts,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Increased land revenue delivered $3.2 million improved EBITDA, driven by 7.3% organic growth, giving optimism for future quarters that our teams are executing despite significant labor and material inflationary pressures. Historically low snowfall totals across our geographic footprint and material cost inflation impacted the quarter, but the fundamentals of our business and industry remain vibrant and we continue to have a resilient business model. During the quarter we authorized a $250 million share repurchase program and in January completed the repurchase of approximately $82.5 million of BrightView shares. Additionally, continued positive net new sales in our Maintenance Segment and robust backlogs and proactive initiatives to offset inflation in our Development Segment are why I am confident in our ability to deliver continued profitable growth.”

Read the full report here.

Blue Bell - Corporate

BrightView Acquires Performance Landscapes

BrightView Acquires Performance Landscapes

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced the acquisition of Performance Landscapes, a commercial landscaping company headquartered in Honolulu, Hawaii. Terms of the transaction were not disclosed.

Formed in 2002, Performance Landscapes provides landscape maintenance, irrigation, enhancement, installation, arbor care, and pest control services. The company has more than 100 trained and qualified landscape employees who serve clients across the Home Owner Association, High-End Residential, Commercial, and Private Military Housing market segments.

“Hawaii’s landscapes are renowned for their beauty and cultural significance, something we came to appreciate through our Development Services team’s work in Hawaii,” said Andrew Masterman, BrightView President and Chief Executive Officer. “BrightView is excited to add maintenance services to its existing Development capabilities on the islands.”

BrightView Development Services has been a licensed landscape and irrigation contractor in Hawaii since 2008. In addition to renovating the Hualalai Four Seasons in Kona following a tsunami in 2011, BrightView also restored the irrigation system for the Hilton Waikoloa Village and Resort, and performed landscape architecture work at the Four Seasons Maui.

“Performance Landscapes has as high a level of professionalism, training, and safety awareness as any of the top landscaping companies across the U.S. We are excited to welcome their entire team to the BrightView family, and I look forward to working with them for many years to come,” Masterman said.

Performance founders Matt Lyum and Benny Abrigado as well as their senior leadership team will remain with BrightView to guide the integration process and provide leadership continuity:

“Performance Landscapes has had the great fortune to find amazing employees, customers, and vendors. Joining with BrightView was the logical next step for us. In addition to sharing best practices and leveraging industry-leading resources, I am excited by the new growth opportunities for our staff, and enhanced services for our customers.”

Blue Bell - Corporate
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