Heartland, LLC
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Heartland, LLC - overview
Established
2016
Location
Kansas City, MO, US
Primary Industry
Construction
About
Heartland, LLC, based in the US, offers comprehensive commercial landscape services, including maintenance, design, and installation, to enhance outdoor spaces across various sectors. Founded in 2016 in Kansas City, US, Heartland, LLC specializes in commercial landscape services. Edward Schatz, the founder and CEO, has led the company through four significant deals, with the most recent deal occurring on December 14, 2023. The company has not publicly disclosed any significant pivots in its business strategy or operations.
Heartland specializes in providing comprehensive commercial landscape services across the United States. Their core product offerings include landscape maintenance, design, and installation for a wide range of commercial properties, serving clients in various sectors such as retail, corporate, and residential communities. The company aims to enhance the aesthetic and functional aspects of outdoor spaces, addressing challenges such as landscape upkeep, irrigation management, and seasonal changes. Heartland's service network spans 23 states, with a client base that includes over 10,000 properties nationwide, ensuring a significant presence in both urban and suburban markets.
Each of their partner companies, such as Columbia Landcare and VerdeGo Landscape, contributes unique local expertise, allowing Heartland to offer tailored solutions that respect regional environmental conditions and customer preferences. Heartland's revenue is generated primarily through service contracts with commercial clients, structured as B2B transactions. The company engages in long-term partnerships with clients, establishing recurring revenue streams through annual service agreements that encompass landscape maintenance and seasonal services. These agreements often include a variety of pricing plans based on the scale and specific requirements of the properties being serviced, as well as the frequency of maintenance activities.
Heartland's partnerships are characterized by a commitment to delivering quality services, which is reflected in their flagship offerings, such as their comprehensive landscape management programs. The company’s transactional model allows for flexible pricing based on the scope of work, ensuring that clients receive customized solutions that meet their budgetary constraints and landscaping needs. In December 2023, Pritzker Private Capital, along with the company’s management, acquired Heartland, LLC from Sterling Investment Partners, with financial terms not disclosed. This acquisition is aimed at expanding the company's development and maintaining influence in the landscaping sector.
The management plans to leverage the recent funding to enhance its service offerings and potentially explore new geographic markets within the United States.
Current Investors
PPC, Sterling Investment Partners
Primary Industry
Construction
Sub Industries
Facilities & Maintenance Services, Consumer Services, Construction
Website
www.heartlandcompany.com
Verticals
Infrastructure
Company Stage
Mature
Total Amount Raised
Subscriber access only
Heartland, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Heartland, LLC | - | ||||||||
| Private Debt | Completed | Heartland, LLC | - | ||||||||
| Secondary Buyout | Completed | Heartland, LLC | - | ||||||||
| Buyout | Completed | Heartland, LLC | - |
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