Golden Gate Capital Partners with CEO Gil Grattan for Virginia Green's Recapitalization

Lawn care giant Virginia Green has announced a strategic partnership with Golden Gate Capital, a San Francisco-based private equity firm. The collaboration will see CEO Gil Grattan remain at the helm of the company, which is the leading provider of lawn care services in Virginia. With a focus on delivering exceptional customer experiences, Virginia Green has experienced significant growth over the years. The recapitalization by Golden Gate Capital will support the company's expansion into new geographies and fuel further growth. This new partnership is expected to strengthen Virginia Green's position as a leader in the lawn care industry.

Virginia Green, founded in 2004, offers personalized residential and commercial lawn treatment services through a flexible subscription-based model. With ten locations and 70,000 customers across key local markets, the company has established a recognizable brand name in Virginia. By leveraging Golden Gate Capital's expertise in scaling industry-leading platforms, Virginia Green aims to accelerate its growth and extend its reach beyond Virginia.

Gil Grattan, CEO of Virginia Green, expressed his excitement about collaborating with Golden Gate Capital, stating, "I am pleased to be collaborating with Golden Gate Capital and believe their expertise in scaling industry-leading platforms makes them the perfect partner to accelerate the growth of our business in Virginia and beyond." Grattan attributes Virginia Green's success to the comprehensive lawn care offering and the dedicated team that consistently delivers superior results and unmatched customer satisfaction.

Mike Montgomery, Managing Director at Golden Gate Capital, commended Virginia Green on its remarkable track record of consistent growth and extraordinary customer satisfaction. He highlighted the company's potential for future expansion by stating, "We are thrilled to support the Company as it continues to extend its reach." Golden Gate Capital plans to build upon Virginia Green's customer acquisition and retention model while expanding the franchise into new geographies.

The partnership between Golden Gate Capital and Virginia Green marks an important milestone for both companies. Virginia Green's commitment to providing the highest quality lawn care services and its industry-leading retention rate have positioned the company as a top choice for customers. The recognition received, including being ranked #1 in "Best Lawn Service/Landscaping" in a Richmond Times-Dispatch poll multiple times, further solidifies Virginia Green's reputation.

Virginia Green's impressive growth and success also caught the attention of Harris Williams, which served as the financial advisor, and Williams Mullen, which served as the legal advisor for the recapitalization. Meanwhile, TD Cowen acted as the financial advisor for Golden Gate Capital, with Paul, Weiss, Rifkind, Wharton & Garrison LLP and Ropes & Gray LLP serving as legal advisors.

Golden Gate Capital, with over $19 billion in cumulative committed capital, is a prominent private equity firm known for its long-term investment philosophy. The firm's principals have a rich history of investing in various industries and transaction types, including going-privates, corporate divestitures, recapitalizations, and debt and public equity investments. As a strategic partner, Golden Gate Capital brings invaluable expertise and resources to support Virginia Green's expansion plans.

Both Virginia Green and Golden Gate Capital look forward to the synergies and opportunities that this partnership will bring. With a shared commitment to excellence and a focus on delivering exceptional customer service, this collaboration is expected to drive Virginia Green's continued success and solidify its position as a dominant player in the lawn care industry.

About Virginia Green:

Virginia Green is a premier operator of residential and commercial lawn treatment services in Virginia. With a strong presence in key local markets, the company offers personalized lawn care services through a flexible subscription-based model. Virginia Green is known for its exceptional customer service and has received numerous accolades, including being ranked #1 in "Best Lawn Service/Landscaping" in a Richmond Times-Dispatch poll multiple times. For more information about Virginia Green, visit their website.

About Golden Gate Capital:

Golden Gate Capital is a renowned private equity firm based in San Francisco. With a diverse portfolio and a long-term investment approach, the firm has invested over $19 billion in various industries and transaction types. Golden Gate Capital focuses on creating value and driving growth for the companies it partners with. For more information about Golden Gate Capital, visit their website.

Disclaimer: This article is not a press release or sourced from Business Wire. It has been written by a professional blog writer for informational purposes only.