BrightView Holdings Inc., Blue Bell, Pennsylvania, acquired Water | Land | Environment LLC, a commercial landscape maintenance and development company headquartered in Austin, Texas. Terms of the transaction were not disclosed.
Founded in 2003, WLE is a commercial landscape management company, with a 250-member team that serves HOA, developer, commercial and municipal clients across three markets in Central Texas. In addition to WLE’s field and administrative staffs, WLE’s core leadership team will join BrightView as part of the transaction.
“We are excited to welcome WLE into the company,” says Andrew Masterman, BrightView CEO and president. “WLE has built a solid reputation in Central Texas – a key growth market for BrightView – that is rooted in the quality of their work in landscape maintenance. WLE shares our commitment to responsible, sustainable and safe operations across their portfolio.”
“We remain committed to providing responsive and high-quality service to our customers,” says Kade Thomas of Davenforth Capital Management LLC, owner of WLE. “We are eager to learn from one another as we continue to build a powerhouse in commercial landscaping together in the Central Texas market.”