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.
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