Lincoln Road Completes the Acquisition of Silversand Services and SLI Landscape and Combines them with Zodega Landscaping
Summary
MIAMI--(BUSINESS WIRE)--Lincoln Road Global Management, LLC (“Lincoln Road”), a private equity firm focused on lower middle-market companies, today announced that they have acquired Silversand Services (“Silversand”) and SLI Landscape (“SLI”), which provide full landscaping, irrigation management, tree care, interior plant care and custom holiday decoration services. The combination of these three entities will allow the Company to serve a broad array of attractive end-markets including HOAs, office, retail, medical, residential, government and industrial clients. “We’re thrilled to combine three leading and highly complementary businesses focused on delivering exceptional landscaping and customer service to Texas,” said Jeff Magny, Managing Partner at Lincoln Road. “They bring deep business acumen and a unique skillset that allows them to identify strategically important acquisitions like Silversand and SLI that generate transformational growth.” “I am incredibly fortunate to partner with Lincoln Road and look forward to the next phase of our growth. Lincoln Road targets founder-and family-owned businesses providing essential services in fragmented industries where it believes there are an abundance of untapped growth opportunities that would benefit from operational intervention coupled with an acquisition strategy.