Yellowstone Landscape Welcomes Neuberger Berman as Investor

Yellowstone Landscape Welcomes New Investment Partnership

Yellowstone Landscape, Inc. stands as a forerunner in the commercial landscape services sector. The company has just revealed an exciting new development: Neuberger Berman Capital Solutions has taken a significant minority stake in the firm. This collaboration marks a pivotal moment for Yellowstone, positioning it for further growth and innovation.

Significance of the Investment

Neuberger Berman Capital Solutions, often referred to as NBCS, is a renowned player in the investment space, particularly emphasizing bespoke capital solutions tailored for private equity-owned businesses. The funds managed by Harvest Partners, LP maintain majority ownership of Yellowstone, which signifies a continued strong leadership team. With NBCS joining forces, Yellowstone is poised to leverage this partnership for expanding its operational capabilities and enhancing service offerings.

Statements from Leadership

Harry Lamberton, President and CEO of Yellowstone, expressed enthusiasm about welcoming NBCS as a partner. He stated that this partnership will enhance their capability to deliver excellence in commercial landscaping, aligning with their key objectives. The collaboration is geared towards providing sustainable success while creating robust career pathways for their dedicated landscape professionals.

Insights from Neuberger Berman

J.T. Munch, Managing Director at NBCS, outlined the exceptional nature of Yellowstone's business model. According to him, the company has consistently showcased its ability to adapt and thrive, primarily due to its disciplined and consistent execution by a top-notch management team. This investment aims to further bolster Yellowstone's trajectory of growth.

Yellowstone's Business Model and Services

Headquartered in Bunnell, Florida, Yellowstone Landscape serves over 9,000 customers across the nation, making it the largest privately held provider of commercial landscape services. The extensive range of offerings includes Landscape Management, Landscape Installation, Landscape Enhancements, Tree Care Services, Irrigation & Water Management, and Snow & Ice Removal.

Future Outlook with Harvest Partners

Stephen Fessler, a Partner at Harvest, conveyed excitement about continuing as the lead investor. He praised the remarkable achievements of Yellowstone's team and welcomed NBCS as a strategic partner. This relationship is expected to enhance Yellowstone’s vision for long-term growth and superior performance, both financially and operationally.

Advisory Details

In this strategic move, Harris Williams acted as the financial advisor for Harvest Partners and Yellowstone. Meanwhile, Piper Sandler provided financial advisory services to NBCS, ensuring a well-structured partnership for all involved parties.

About Yellowstone Landscape

Yellowstone Landscape is committed to delivering top-tier landscape services, including but not limited to Landscape Maintenance, Irrigation Installation and Repair, Tree Care, and Snow & Ice Removal. As the company aims to elevate its services, it continues to seek innovative solutions to meet the evolving needs of its clientele.

About Harvest Partners

Since 1981, Harvest Partners has been a significant player in the private equity landscape, focusing on investing in middle-market companies. They specialize in nurturing high-quality management teams while targeting growth within the business & industrial services, healthcare, and other dynamic sectors.

About Neuberger Berman Capital Solutions

Management at NBCS is dedicated to helping private equity firms realize their long-term objectives. With approximately $8 billion in assets under management, NBCS is well-equipped to drive investments in various sectors, ensuring a robust partnership landscape for Yellowstone.

Frequently Asked Questions

What recent investment was announced by Yellowstone Landscape?

Yellowstone Landscape announced a significant minority investment from Neuberger Berman Capital Solutions.

What services does Yellowstone Landscape provide?

Yellowstone offers services including Landscape Management, Installation, Tree Care, and Snow Removal among others.

Who maintains majority ownership of Yellowstone Landscape?

Harvest Partners, LP retains majority ownership of Yellowstone Landscape.

What does NBCS aim to achieve with this investment?

NBCS aims to support Yellowstone’s long-term growth and strategic objectives through this investment partnership.

How does this investment impact Yellowstone's future?

This investment enhances Yellowstone's operational capabilities and positions it for expanded service offerings and market success.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.