Add-on Acquisition • Business Services

HeartLand Acquires Roark Landscaping

On December 22, 2020, HeartLand acquired business services company Roark Landscaping

Acquisition Context
  • This is HeartLand’s 6th transaction in the Business Services sector.
  • This is HeartLand’s 6th transaction in the United States.
  • This is HeartLand’s 1st transaction in Oklahoma.

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M&A Deal Summary

Date December 22, 2020
Target Roark Landscaping
Sector Business Services
Buyer(s) HeartLand
Deal Type Add-on Acquisition

Target Company

Roark Landscaping

Tulsa, Oklahoma, United States
Roark Landscaping Corp. is the largest commercial landscaper in the Tulsa market and has developed a reputation for consistent high-quality commercial landscaping services. Primary services include contract grounds maintenance services, landscape enhancements, and installations. Roark serves a portfolio of commercial clients, which include hospitals and clinics in the Tulsa metro area.
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Buyer Overview 1

Buyer

HeartLand

Kansas City, Missouri, United States

Category Company
Sector Business Services
DESCRIPTION

HeartLand is a premier provider of commercial landscape and facilities services, currently operating in five markets across the Central United States. Services include full-service maintenance (mowing, pruning, fertilization and chemical, irrigation, bed maintenance, and annual flowers), landscape enhancements (property upgrades and renovations), and winter services (de-icing and snow removal). HeartLand is based in Kansas City, Missouri.


Deal Context for Buyer #
Overall 6 of 13
Sector: Business Services 6 of 13
Type: Add-on Acquisition 6 of 13
State: Oklahoma 1 of 2
Country: United States 6 of 13
Year: 2020 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Inside Out Services

Silver Spring, Maryland, United States

Inside Out is a provider of commercial landscaping services and provides a range of interior and exterior landscape maintenance, enhancement, snow removal, and irrigation solutions to a portfolio of commercial customers in the Washington, D.C. metropolitan area. Inside Out has developed a reputation for high-quality landscapes and strong customer service. Commercial customers include office parks, multifamily buildings, municipalities, retail / mixed-use developments, homeowners’ associations, and hospitality resorts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Cutting Edge Landscape

Boise, Idaho, United States

Cutting Edge Landscape is a full-service commercial landscape provider and provides grounds maintenance, enhancements, snow removal, and installations and has developed a reputation for high-quality landscapes and strong customer service. Cutting Edge Landscape is based in Boise, Idaho.

Buy -