BrightView Holdings Inc., Blue Bell, Pennsylvania, acquired Commercial Tree Care Inc., a full-service tree care company based in San Jose, California. The purchase of CTC followed the sale of BrightView Tree Company to Devil Mountain Nursery of San Ramon, California. Terms of the transactions were not disclosed.
Todd Huffman, president of CTC, along with his senior leadership team, will remain with BrightView and continue to run the day-to-day operations of the business.
Founded 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 company also consults for development, appraisal, maintenance plans and overall site evaluation.
“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,” says Andrew Masterman, president and CEO of BrightView. “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. Redeploying assets from our development segment to our maintenance segment is consistent with our overall strategic growth plan.”
“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,” says Huffman. “Jointly, we look to leverage strong safety practices, state-of-the art equipment and our talented teams to continue to serve our client base. My team and I are excited about the opportunities that lie ahead.”