BrightView Acquires Commercial Landscaping Company Syringa For Undisclosed Sum

BrightView Holdings, Inc. BV has acquired Syringa Landscape, LLC, a commercial landscaping company based in Boise, Idaho. Deal terms were not disclosed.
Founded in 2008, Syringa Landscape is one of Boise's landscape leaders, focusing on commercial landscape maintenance, installation, and snow removal.
"The addition of Syringa Landscape will help to further strengthen our maintenance and development operations in and around Boise – one of the fastest growing markets in the country," said Andrew Masterman, BrightView President, and CEO.
BrightView held cash and equivalents of $26.3 million as of June 30, 2022.
BrightView entered the Boise market earlier this year with the acquisition of Intermountain Plantings.
Price Action: BV shares are trading higher by 0.73% at $11.08 on the last check Thursday.