Harris Williams & Co. Advises Yellowstone Landscape Group, Inc. on its Sale to CIVC Partners

January 13, 2015

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Yellowstone Landscape Group Inc. (Yellowstone), a portfolio company of Gridiron Capital, LLC (Gridiron), to CIVC Partners (CIVC). Yellowstone is a leader in commercial landscaping services with clients across the southern U.S. The transaction, which closed on January 9, 2015, was led by John Neuner, Brent Spiller and Chip Duggins from Harris Williams & Co.’s Richmond office.

“It has been a pleasure to work with Yellowstone’s management team and they have done a phenomenal job expanding the platform that Gridiron created in 2008,” said John Neuner, a managing director in Harris Williams & Co.’s Richmond office. “Tim Portland has provided exceptional leadership for Yellowstone, driving both impressive growth and developing an infrastructure that is capable of supporting a much larger organization.”

 “Yellowstone marks another successful transaction for Harris Williams & Co. in the outsourced services industry and CIVC will be a great partner for Yellowstone and its terrific management team as they continue to execute the company’s growth plan,” said Brent Spiller, a director at Harris Williams & Co.  “Working with exceptional organizations like Yellowstone has afforded our firm continued success in the sector.”

Yellowstone, founded in 2008 and headquartered in Bunnell, FL, is one of the largest commercial landscaping firms in the U.S. The company offers a comprehensive and value-added service solution with an emphasis on protecting, enhancing and increasing property values for its customers. Yellowstone provides a full range of design, installation and maintenance services for clients located across the southeast U.S. 

Gridiron, headquartered in New Canaan, CT, is a private equity firm focused on creating value by acquiring and building middle market manufacturing, service and specialty consumer companies in the U.S. and Canada. Gridiron’s principals work closely with management teams to develop strategies for portfolio companies as well as providing resources to execute business plans and build industry-leading companies.

CIVC is a Chicago-based private equity firm with over 25 years of experience. The firm has invested $1.5 billion of equity capital in 57 platform transactions and dozens of add-on acquisitions since 1989. CIVC focuses on companies in the business services and financial services industries.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence.  Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.