Granite Hills Group (fka Landcare Innovations) (“GHG”) is a Charlotte, NC-based provider of commercial landscaping maintenance and development services. Founded in 2011 by Chip Eleazer, the company offers a full suite of landscaping services including installation, maintenance, irrigation, and hardscape to commercial clients within the Southeast. Since closing the investment GHG has acquired operations in Durham, NC, Raleigh, NC, and Spartanburg, SC.
Investment Profile:
Status: Active
Investment Date: 2020
Transaction Type: Recapitalization
Strategy: Buy & Build / Accelerating Growth
Station Lead(s): Rooke, Kelly
Investment Highlights:
Expanded management team to properly to support and scale the business.
Successfully implemented a M&A strategy closing numerous acquisitions.
Implemented a green industry enterprise technology platform to properly scale the business.
Identified and onboarded a third party lender to provide additional support for organic & acquisition initiatives.