port-florida3

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.