Three Point Group facilitates Nature Scapes & LMG Merger!
Atlanta, October 2, 2009 – Nature Scapes, Inc. & Landscape Maintenance Group, Inc (LMG), two of Atlanta’s premier landscape maintenance companies, announced today that they have merged effective October 1st.
Three Point Group, Inc advised on the merger including its funding and deal structure. Jeff Harkness, managing partner stated, “This is great opportunity for both companies to leverage their strengths. The merger will enhance the route density of both firms and has created a buzz among the employees of both teams. This momentum will help accelerate growth, enhance best practices and provide customers a better product.”
With the merger, the combined entities will produce over $10 million in revenue, making Nature Scapes one of the largest locally owned landscape companies in the Southeast. The addition of LMG’s office and facility will provide Nature Scapes an immediate branch in Marietta, allowing for broader coverage of the metro Atlanta area and enhance a regional model.
“We are very pleased to join forces with LMG,” Rick Upchurch, CEO of Nature Scapes, said. “They are a well-established business, having served Atlanta for 15 years, and they have an excellent reputation and loyal client-base.”
Kyle Johnson, CEO of LMG, added, “I believe this merger is a win-win situation. It’s the coming together of two seasoned leaders in the Atlanta real estate market. Nature Scapes is a quality organization and there is tremendous synergy with our cultures, production models and customer base.”
Kyle, who will join the Nature Scapes ownership team, added “I am very much looking forward to joining the ownership team with Rick Upchurch and Mike Kneeland (Chief Operations Officer, Nature Scapes). They both have extensive experience in the industry and as executives. I anticipate benefiting greatly from their wisdom.”
“Kyle Johnson is a 25-year veteran of the landscaping industry,” Mike Kneeland said. “He will be a tremendous asset to us. He understands the value of customer service—some of his customers have been with him since the first years of LMG.”
In the immediate future, Landscape Maintenance Group will operate under the name LMG, a Nature Scapes Company. Operations in the Marietta offices of LMG and Lilburn offices of Nature Scapes will continue as usual. “We look forward to providing our customers the same high-quality service they are used to and now with greater coverage on the west side of Atlanta through our new Marietta location,” Mr. Upchurch said.
For more information:
Three Point Group, Inc.
Jeff Harkness, of Three Point Group, Inc. advised on this transaction. Three Point Group works with green industry business owners to create, execute, and monitor plans that help businesses and their owners grow smarter, maximize business value, and create wealth by executing an exit strategy. For more information visit: www.3PGConsulting.com : Jeff Harkness, jeff@3PGConsulting.com or (678) 366-0333
Nature Scapes, Inc.
Nature Scapes, established in 1983, specializes in landscape maintenance, irrigation, and floriculture services for multi-family and commercial properties. For more information on Nature Scapes visit www.nscapes.com
Nature Scapes: Rick Upchurch, rupchurch@nscapes.com or 770-923-7023
Landscape Maintenance Group, Inc.
LMG is a full-service contractor specializing in complete landscape management and landscape enhancement for both commercial and residential properties. For more information on LMG, visit www.lmgatlanta.com.
Landscape Maintenance Group: Kyle Johnson, kyle@lmgatlanta.com or (770) 514-8000
