Westhook Capital, a Los Angeles-based private equity firm focused exclusively on the lower middle market, has announced it has made an investment in Metco Landscape, a provider of landscaping installation and maintenance services in Colorado. The company will continue to be led by Mark Tomko, who will remain in his position as CEO immediately following the transaction.
Tomko founded Metco in 1987 with a few lawnmowers and a mission to build lasting relationships through quality landscaping services. Metco’s services include the design, installation and maintenance of commercial landscape across the Front Range of Colorado. The company operates out of its headquarters in Aurora, with two branches around Denver and one in Colorado Springs.
“We are very excited about partnering with founder and CEO Mark Tomko and the team at Metco Landscape to build on the impressive platform that they have built.”
Mark Tomko, founder and CEO of Metco, said “We are very proud of our team and what we have built at Metco. We are excited to partner with Westhook, who we know shares our dedication to continuing to build an industry leading landscape business by combining relentless focus on customer satisfaction and providing value to all our customers and team members.”
“We are very excited about partnering with founder and CEO Mark Tomko and the team at Metco Landscape to build on the impressive platform that they have built,” said Michael Hooks, Managing Partner of Westhook Capital. “This is a highly attractive industry and we look forward to supporting the Company’s next phase of growth initiatives, including strategic acquisitions. The Metco team has demonstrated a deep understanding of the business, detailed knowledge of the market, and strong relationships with its customers and suppliers. Also, we appreciate the critical role that Ceibass Venture Partners and Tom Fochtman played in bringing the parties together and facilitating the transaction.”
Westhook recently announced the closing of its inaugural fund, Westhook Capital Partners, L.P., with $140 million in commitments. The fund focuses on buyouts of U.S. based lower middle market companies within the consumer, industrial, business services and healthcare services sectors.
Ceibass Venture Partners LLC served as financial advisor to Metco.