Current
Engagements
Stallion: $10.7M Revs, $1.9M EBITDA Full-Service Landscaping Company
-
Revenue
$10,700,000
-
Cash Flow
$1,900,000
-
Location
Western U.S.
Download NDA
STALLION, located in the Western U.S., is a high margin (55% GM), full-service landscaping company that provides design-build, maintenance, enhancements, and snow removal services to both residential and commercial customers. With a 30+ year history, the Company is established as a market leader and is known for their quality work and service.
STALLION serves high-end residential customers for design-build and maintenance services and maintains a variety of commercial properties. The end market breakdown is typically 60% residential, 40% commercial in a given year. Most of the commercial work is maintenance services. During the winter months, the team keeps busy by providing snow removal services. In 2024, the service mix was 66% design-build, 26% maintenance, and 8% snow removal.
STALLION follows the EOS business model and is led by a strong management team to handle operations, HR and finance. The total company headcount is ±55 employees, which can increase to 70 during peak months. Revenue in 2024 was approx. $10.7M with Adj. EBITDA of $1.9M. STALLION has achieved $10M revenue each of the past three years and anticipates reaching the $11M revenue mark in 2025 with similar gross margins (±55%) and EBITDA margins (±18%). The Company currently uses Aspire for their operating software.
Current ownership seeks a liquidity event but plans to rollover equity in the transaction and bring on a partner to help scale the business beyond their current model, mostly through acquisition. The owner has an impeccable reputation and believes other maintenance companies would love to be part of a buy and build with him.
This investment opportunity is ideal for buyers seeking a top reputation landscape company with strong margins that seeks a partner to grow and build out additional maintenance services. The preferred buyer will have tangible experience in growing landscaping or other field services, using a playbook to grow organically and through acquisition. Ideally, our client is the platform investment or an add on to a recently capitalized strategic buyer.
Facilities
STALLION leases their facility from a related entity of the owner and utilizes approximately 10 acres for the shop, laydown yard, and a small office facility. Stallion is in a fast-growing suburb of a major market area. There is a lot of commercial development taking place within 10 miles of the facilities.
Market Outlook / Competition
The US landscaping market is expected to grow 5-6% annually over the next five years. STALLION’s main competition is other local and regional landscaping companies in the area. Management believes they are a leader in their core market and sees an opportunity to expand into other tangential markets through strategic acquisitions.