April 13, 2020 04:36 PM Eastern Daylight Time
WESTBURY, N.Y.–(BUSINESS WIRE)–Aero Operating LLC, a portfolio company of Mill Point Capital, announced its acquisitions of Lawn Butler, a Centerville, Utah based landscaping and snow removal company; Groundtek of Central Florida, an Ocoee, Florida based landscaping company; and The Shepherd’s Landscaping, a Belleview, Florida based landscaping company. Concurrently, Aero Operating LLC announced that it has re-branded as Outworx Group, representing the company’s full-service offerings focused on the Exterior Facilities Maintenance market.
Daryl Hendricks, CEO of Outworx Group, said, “The completion of these three acquisitions marks a significant milestone in our company’s history and will allow us to offer a more complete set of services to our valued clients. We are grateful to the Bori, Larsen and Squire families for their trust in us, and we look forward to building upon the legacies that they have created.”
Spanning snow melting and removal, landscaping, industrial sweeping, paving, solid waste and catch basin cleaning, the companies of Outworx Group strive to out-work the competition to help its clients meet their mission critical goals. Utterly reliable and laser-focused on the safety, appearance and efficiency of client properties, Outworx Group helps ensure smooth operations and protects its clients’ brand image.
About Outworx Group
Founded nearly 60 years ago, Outworx Group is the leading provider of diversified municipal and facility maintenance services. As the national leader in the snow and ice removal market, Outworx Group owns the largest fleet of proprietary snow melters in North America and employs a highly experienced team to support its customers across all phases of snow removal operations. Outworx is headquartered in Westbury, New York. For more information, please visit outworxgroup.com.
About Mill Point Capital LLC
Mill Point Capital is a private equity firm targeting control investments in lower-middle market businesses, with a focus on industrials and business services companies in North America. Mill Point’s experienced team of investors and Executive Partners seek to enhance the value of portfolio companies by executing transformative strategic initiatives and operational improvements. Mill Point Capital is based in New York, NY. For more information, please visit millpoint.com.
Contacts
Media Contact:
Julie Nicholson
(860) 430-2228
julien@cashmankatz.com
