Blue Sage Capital (“Blue Sage”) is pleased to announce its recently completed investment in Clean Scapes Enterprises, Inc. (“Clean Scapes” or the “Company”), a leading commercial landscaping business based in Austin, Texas. The transaction marks a strategic partnership between Blue Sage and Clean Scapes’ leadership team to accelerate the Company’s expansion across Texas and beyond.
Founded in 2005 by Rex Gore and Ivan Giraldo, Clean Scapes has grown to become a premier provider of landscape design, installation, maintenance, and enhancement services to a wide variety of commercial property types across Texas. The Company represents Blue Sage’s continued commitment to partnering with industry-leading companies with exceptional management teams.
“We are thrilled to partner with a recognized and trusted commercial landscaping platform in our hometown,” said Eric Weiner, Partner at Blue Sage. “Equally exciting is the opportunity to work alongside a high-caliber team led by CEO Bubba Nickel. We have long admired Clean Scapes’ journey from a humble startup to a top-tier regional landscaping business, and we are eager to continue the Company’s growth trajectory across its end-to-end suite of services.”
Clean Scapes CEO, Bubba Nickel, commented, “From our earliest conversations, it was clear that Blue Sage’s values, experience, and long-term investment approach align with our vision and culture at Clean Scapes. This partnership represents a tremendous opportunity to strategically scale our business while maintaining the highest standards of quality, client care, and reliability that have defined us since day one.”
Rex Gore, co-founder of Clean Scapes, added: “This milestone is the result of two decades of hard work by our team and loyalty from our clients. We’re proud of what we’ve built, and we’re confident Blue Sage is the ideal partner to help us write the next chapter. They understand what makes our culture special and share our vision for the future of the business.”
Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Kroll (Accounting & IT), Cherry Bekaert (Tax), and Newfront (Insurance). Crescent Capital Group LP served as the financing partner on the transaction.
Clean Scapes was represented in the transaction by BMO Capital Markets (Financial Advisor) and Alston & Bird (Legal).
About Clean Scapes
Clean Scapes is a Texas-based commercial landscaping company providing full-service design, installation, maintenance, and enhancement services to commercial real estate properties across office and corporate campus, retail, HOA and multifamily, industrial, educational, municipal, and other end markets. For 20 years, Clean Scapes has been known for its high-quality and reliable service, operational excellence, and commitment to building strong client relationships.
About Blue Sage
Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable, growing, lower middle-market companies since 2002. Blue Sage currently has over $1.2 billion of assets under management and seeks to partner with founders, families, and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions, or specialty services industries. Blue Sage typically invests $25 million to $60 million in control buyout investments and recapitalizations of companies with $25 million to $200 million of revenue.
The statements regarding Blue Sage presented herein were made by certain founders and executives of Blue Sage’s current and/or former portfolio companies. These individuals are not, and have not been, clients or investors in any Blue Sage fund. The statements made by the founders and executives of Clean Scapes constitute an endorsement of Blue Sage. Blue Sage holds a financial interest in Clean Scapes through investment funds or accounts it manages. As such, the individuals providing these endorsements may have a conflict of interest and an incentive to portray Blue Sage in a favorable manner due to this existing business relationship. While no direct compensation was provided by Blue Sage in connection with these statements, Clean Scapes may benefit from an ongoing or future investment relationship. These endorsements are not a guarantee of future investment performance and should not be construed as a recommendation to invest in any Blue Sage fund, strategy, or portfolio. Past performance is not indicative of future results, and all investments involve risk, including the potential loss of principal. This material is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security.
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Contacts
For questions or inquiries, please contact Eric Weiner (eric.weiner@bluesage.com) or Charles Branch (charles.branch@bluesage.com).