Sector
Value-Added Distribution
Industry
Lawn & Garden Equipment
Transaction Type
Management Buyout
Status
Prior Investment
Business Description
Florida Lawn & Garden is a rapidly growing value-added distributor of lawn and garden equipment to the professional landscape maintenance market.
Transaction Overview
KLH Capital invested in the company through a management buy in allowing its owner to harvest the value in the business and retire. KLH Capital identified and recruited a new CEO who, together with the management team, received a significant equity stake in the company to align shareholder incentives.