BrightView Holdings, Inc. (NYSE: BV) (“BrightView”), the leading commercial landscaping services company in the United States, today announced the acquisition of Cutting Edge Property Maintenance, Inc. based in Plymouth, Minn. Terms of the transaction were not disclosed.

“Cutting Edge has earned a reputation for providing superior service, which creates lasting client satisfaction,” said BrightView President and CEO Andrew Masterman. “They have the expertise and capabilities to provide a full suite of winter services, landscape maintenance and enhancements, tree care, and irrigation services. This deal brings a service leader in a desirable Upper Midwest market into the BrightView family along with more than 110 skilled team members.”

Founded in 2005 Cutting Edge Property Maintenance is one of the Twin Cities’ leading commercial outdoor maintenance services providers with a reputation for attention to detail, client service, employee safety and superior workmanship.

“We could genuinely tell BrightView’s executive team cares about their people, which was an important factor in our decision-making process,” said Ryan Comer, Cutting Edge Founder and CEO. “We are confident that joining BrightView will provide opportunities for both our employees and our customers. BrightView is a first-class organization that the Minneapolis market is fortunate to have.”

The National Business Research Institute (NBRI) is pleased to welcome BrightView Landscapes Services (BVLS) and BrightView Landscape Design (BVLD) to the NBRI Circle of Excellence. The NBRI Circle of Excellence Award recognizes organizations that place a high value on Employee and Customer engagement. These organizations demonstrate their dedication by conducting best in class survey research with NBRI and taking action based upon the results. NBRI commends the leadership of these organizations for their commitment to the Continuous Improvement Process and recognizes their achievements with the Circle of Excellence Award.

To qualify for this honor, the organization must score at or above Stretch Performance at the 75th benchmarking percentile when measured against their industry, or the organization must improve 5 or more benchmarking percentiles in total company score over the previous research study, a statistically significant amount. It is no small feat to move an entire company’s score of customer loyalty or employee engagement 5 or more percentiles, or to reach Stretch or Best in Class Performance levels.

“Customer Engagement drives Financial Performance,” said Dr. Jan G. West, Ph.D., CEO & Organizational Psychologist at NBRI. “This award is a result of BrightView’s dedication to measuring and improving their Customer Engagement.”

About NBRI:
NBRI conducts Employee, Customer, and Market Research for businesses, and uses this data to help organizations leverage these human factors to make improvements to operations and strategy. With its extensive experience across all industries, NBRI’s research teams bring their clients a combination of deep industry knowledge and expert advice. NBRI’s mission is to help their Clients set new standards of excellence in their industries. NBRI product offerings, such as the Root Cause Analysis, ensures their clients will focus on the most impactful issues.

BrightView Maintenance has been selected by Colorado’s Town of Superior to maintain its park and recreation landscapes starting Jan. 1, 2020. The contract covers more than 630 acres of parks, green space, and open space, the Town of Superior, and its 35 miles of public trails.

The agreement includes sustainable landscaping maintenance and snow removal for the public grounds, parks, and walkways throughout the town.

BrightView is one of the nation’s largest users of zero-emission commercial landscaping equipment and also a leader in the use of state-of-the-art water conservation technology and innovative landscaping practices, such as green roof installations, LEED-certified landscape consulting, waste reduction programs, and xeriscaping.

“Being able to partner with the Town of Superior and provide sustainable landscaping is a point of pride for Brightview,” said Bradley Hill, BrightView Senior Branch Manager. “Our team is thrilled to not only provide green landscaping to some of the most stunning trails in Colorado, but to also make a lasting connection with this close-knit community.”

The Town of Superior was founded in 1896 and is believed named after the "superior" quality of coal found in the area. The stunning mountain-filled backdrop is enhanced by the vast public spaces and parks throughout the town.

“The Town of Superior is looking forward to working together with BrightView to serve all who live, work, and play in our community,” said Leslie Clark, Parks, Recreation and Open Space Director, Town of Superior.“ We believe BrightView and their people will provide us with the excellence we have become accustomed to, as well as propel us into the future of renewable energy and sustainability.”

Learn more about the parks, trails, open space, and recreation within the Town of Superior here.

About The Town of Superior:
The Town of Superior is a municipality of approximately 15,000 people located 22 miles northwest of Denver and 8 miles southwest of Boulder, Colorado. Incorporated in 1904 and named for the “superior” quality of the coal it produced in the local mine, the Town boasts a rich history. The Town now consists of four-square miles that include hundreds of acres of quality parks, open space and trails produced and maintained for the enjoyment of residents and visitors.

The University of California Merced campus, one of the nation’s leading public colleges, recently completed a four-year construction expansion. BrightView proudly provided landscape and site hardscape to this massive project, featured in the December issue of CalContractors Magazine.

The three-phase campus extension, which took place from October 2016 to June 2020, nearly doubled the size of UC Merced’s campus.

Lead by a P3 development team, Webcor Builders selected BrightView for the 1.2 million -square-foot campus. Webcor Builders is a premier commercial construction service provider known for its innovative and efficient approach, a wide range of experience, and cost-effective design-build methodology.

“BrightView assembled a great team for the UC Merced 2020 Project,” said Jacob Gliddon, Webcor Builders Site Project. “They exceeded all expectations and I look forward to working with them again in the future.”

UC Merced is a widely recognized campus for its commitment to environmental sustainability, an important priority during the campus expansion. BrightView provided more than 61 miles of drip irrigation instillation for a campus-wide water conservation effort. The work provided throughout the campus also included 805 trees, 41,000 shrubs, wetland and grassland hydroseeding, landscape drainage, and various campus-wide accommodations. BrightView also placed more than 500 cubic yards of soil each day.

While landscape development operations continued, campus life went on. To ensure the safety of all students and staff during the construction, BrightView provided safe pedestrian access during the various development phases.

“Safety was our number one concern as we concentrated on getting students and faculty to their newly built classrooms, dorms, cafeterias, and other facilities,” said Dustin Harter, BrightView Project Superintendent.

The work provided by BrightView Landscape Development on UC Merced also lead the team to win the 2018 United Contractors R.E.A.L. Safety Award for their three-year safety record without a loss day.

“I am extremely proud of BrightView’s design-build team members whom collaboratively partnered with Webcor Builders and the trade partner teams on this design-build to provide UC Merced with an incredible finished product,” said Skip Stevens, BrightView Landscape Development Vice President and General Manager.

CalContractor Magazine is a monthly magazine that is widely distributed to California contractors and features industry news. Read the full article on this award-winning work here.

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 fourth quarter and audited results for the full fiscal year ended September 30, 2020.

“Our fourth quarter and full year results highlight the continued resiliency of our contract-based business, reflect the positive underlying trends of our strong-on-strong acquisition strategy, and the benefits of the investments we are making in being a best-in-class maintenance services company. This quarter we delivered strong cash generation and liquidity, underpinned by our on-going focus on working capital and reducing capital expenditures,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Our services and results of operations continue to benefit from a designation as an essential service. And our team continues to do an incredible job responding to the COVID-19 crisis by prioritizing health and safety, focusing on our client relationships, and by delivering solid results in a challenging operating environment."

Read the full report here.

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 third quarter ended June 30, 2020.

“Our quarterly results highlight the resiliency of our contract-based business and reflect the positive underlying trends of our strong-on-strong acquisition strategy, cash generation and liquidity, and our on-going focus on working capital and reducing capital expenditures,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Our services and results of operations continue to benefit from a designation as an essential service. Our team has done an incredible job responding to the COVID-19 crisis by prioritizing health and safety and by delivering solid results in a challenging operating environment.”

“Despite ancillary softness and project delays, COVID-19 impacts to date have been modest due to our resilient contract revenue base and our earnings have benefited from cost management actions. Cash generation remains exceptional, margins strong, our capex requirements are modest, and we expect our M&A pipeline to continue to be a reliable and sustainable source of revenue growth,” Masterman said.” “We expect COVID-19 impacts will be felt over the next few quarters as conditions remain fluid. That said, we believe we are in a strong position to generate near-term solid EBITDA results, continued strong cash generation and stable top line performance.”

Read the full report here.

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 second quarter ended March 31, 2020.

“We are very pleased with our Landscape maintenance organic revenue growth of 1.9% in the quarter, which was the strongest since our 2018 IPO. Free Cash Flow remains robust and our Development Segment delivered its third straight quarter of double-digit revenue growth,” said Andrew Masterman, BrightView President and Chief Executive Officer. “Historically low snowfall in many of our key regions had an adverse impact on both revenue and Adjusted EBITDA, but we are encouraged by the growth trend on snow contracts. Further, our acquisition strategy continued to be a reliable and sustainable source of revenue growth. As an essential service as defined by the Department of Homeland Security, all branches are operational at this time, with only isolated limitations as to the scope of services we can provide, specifically in the city of Boston, New York City and the San Francisco Bay Area. Keeping our employees, their families and our customers safe is our number one priority. BrightView is well positioned to overcome potential headwinds due to the COVID-19 outbreak and emerge from this crisis a stronger company.”

Read the full report here.

As the largest provider of commercial landscaping services in the United States, BrightView is monitoring the COVID-19 outbreak closely. During this difficult time, BrightView remains committed to the health and safety of not just our nearly 22,000 team members, but of our many valued customers and the hundreds of communities across America in which we operate. In response to these events, we have made significant changes to operations across all of our service lines, following and often exceeding the recommendations of public health authorities. We are committed to helping keep essential services open and best caring for our customers’ living assets.

 

We thank you for your interest in BrightView and ask that you please take care of yourselves and one another.

 

Your friends at BrightView Landscapes

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, 2019.

“We are pleased with our start to fiscal 2020. We saw another quarter of solid revenue growth in both operating segments and overall Adjusted EBITDA growth for the Enterprise. Our net new sales, which will benefit the upcoming ‘green’ maintenance season, are the highest ever generated; our development project bookings are ahead of last year’s pace and our strong-on-strong acquisition strategy already has to date added four companies with enough expected revenue impact to reach our full year fiscal 2020 targets,” said Andrew Masterman, BrightView President and Chief Executive Officer. “We also continue to make our planned investments in people and technology to support our sales and account manager teams, enhancing our customer relationships and driving both revenue growth and cash generation, that will drive continued value creation for our stockholders.”

Read the full report here.

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, today announced that Amanda Orders, Senior Vice President of Human Resources for the company’s

Maintenance Services segment, has been promoted to Executive Vice President and Chief Human Resources Officer, effective today.

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 nearly 21,500 team members across the nation,” Masterman said. “She has made significant contributions in every dimension of human resources for this company and will be a great addition to senior leadership.”

Orders will be responsible for the overarching BrightView People Strategy, which includes talent acquisition, compensation, benefits management, career development, performance management, succession planning, equity administration, retention, training, and leadership and organizational development across all BrightView service lines.

Orders started with the company in 2012 as Human Resources Vice President.  She was promoted to Senior Vice President of Human Resources for Maintenance Services in 2016. Orders was a key contributor to the Brickman/ValleyCrest merger that created BrightView in 2014, and has played a central role in GROW, an internal advocacy program for the women of BrightView.

Prior to joining BrightView, Orders held leadership positions in Human Resources at Alliance Data, a leading provider of co-branded affinity credit cards, and the ScottsMiracle-Gro Company, the world’s leading marketer of consumer lawn and garden products. 

Orders, a graduate of the Ohio State University’s Fisher College of Business, will work out of the company’s headquarters campus in Blue Bell, Pa.