![]() You can identify these forward-looking statements by the use of words such as “believes,” “guidance,” “target,” “expects,” “potential,” “continues,” “estimates,” “anticipates” or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to our expectations regarding results of operations from companies we acquire and other financial and operating information. This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. BrightView is the Official Field Consultant to Major League Baseball. Through its team of approximately 21,500 employees, BrightView provides services ranging from landscape maintenance and enhancements to tree care and landscape development for thousands of customers’ properties, including corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses, among others. Huffman, along with his senior leadership team, will remain with BrightView and continue to run the day-to-day operation of the business.īrightView is the largest provider of commercial landscaping services in the United States. My team and I are excited about the opportunities that lie ahead.” Jointly, we look to leverage strong safety practices, state-of-the art equipment and our talented teams to continue to serve our client base. Redeploying assets from our Development segment to our Maintenance segment is consistent with our overall strategic growth plan.”ĬTC President Todd Huffman said, “I believe that Commercial Tree Care shares much in common with BrightView and this transaction provides a solid foundation in which to continue our growth in the greater Bay Area. “The acquisition of CTC followed the sale of BrightView Tree Company, a tree nursery division that typically generated between $25 million and $30 million in revenue. “The acquisition of Commercial Tree strengthens BrightView’s Maintenance operations in Northern California and positions us to be the foremost tree care service provider in the San Francisco Bay Area,” said President and CEO Andrew Masterman. ![]() The company also consults for development, appraisal, maintenance plans and overall site evaluation. ![]() Terms of the transactions were not disclosed.įounded in 1992, CTC is a full-service tree care provider specializing in pruning, tree removal, stump grinding, cabling, bracing, fertility treatment, pest and disease control, install and transplant, forestry fire fighting and timber harvesting. The purchase of CTC followed the sale of BrightView Tree Company to Devil Mountain Nursery of San Ramon, Calif. (CTC), a full-service tree care company based in San Jose, Calif. (NYSE: BV) (“BrightView”), the leading commercial landscaping services company in the United States, today announced the acquisition of Commercial Tree Care, Inc. If this data is unavailable or inaccurate and you own or represent this business, click here for more information on how you may be able to correct it.Purchase Follows Sale of BrightView Tree CompanyīrightView Holdings, Inc. VIEW ADDITIONAL DATA Select from over 115 networks below to view available data about this business.
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