BrightView Acquires Commercial Landscaping Company Syringa For Undisclosed Sum

• BrightView Holdings, Inc. (NYSE: BV) has acquired Syringa Landscape, LLC, a commercial landscaping company based in Boise, Idaho. Deal terms were not disclosed.

• Founded in 2008, Syringa Landscape is one of Boise's landscape leaders, focusing on commercial landscape maintenance, installation, and snow removal.

• "The addition of Syringa Landscape will help to further strengthen our maintenance and development operations in and around Boise – one of the fastest growing markets in the country," said Andrew Masterman, BrightView President, and CEO.

• BrightView held cash and equivalents of $26.3 million as of June 30, 2022.

• BrightView entered the Boise market earlier this year with the acquisition of Intermountain Plantings.

• Price Action: BV shares are trading higher by 0.73% at $11.08 on the last check Thursday.

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