Great Range Capital Sells to Private Equity Firm

Great Range Capital, a Kansas City-based private equity firm, announced that Westport, Connecticut-based Sterling Investment Partners has made a majority equity investment in HeartLand, LLC, in partnership with management. HeartLand, LLC, a GRC portfolio company and a Kansas City-based commercial landscape management firm has quickly grown a significant regional presence.

GRC leadership and HeartLand’s CEO, Edward Schatz Jr, formed HeartLand in 2016 to build an industry-leading commercial landscape enterprise across the Central United States. HeartLand’s first acquisition was Signature Landscape in Kansas City. Since then, eight other companies have been acquired including its operating brands Keesen Landscape in Denver, CO;  Columbia Landcare in Columbia, MO; Hillenmeyer Landscape Services in Lexington, KY; and JML Landscape Management in Pittsburgh, PA. Each of these companies is a leader in their markets, with talented teams, strong cultures and long histories of providing exceptional client service.

“It has been a rewarding experience to help launch the HeartLand platform. Partnering with the leadership teams, owners and employees of the nine completed acquisitions has been an honor. We’re proud that HeartLand has become a prominent player in the commercial landscape industry and are confident in their continued success,” said Mark Robinson, Principal, Great Range Capital.

Edward E. Schatz, Jr, HeartLand’s CEO offered these comments: “Great Range Capital has been a true partner in establishing and growing our HeartLand organization into what it is today. They have worked collaboratively with us to build a scalable foundation, in a way that truly embodies Midwestern values and upholds the legacies of our operating companies. Our future is bright!”

 

About Great Range Capital

Great Range Capital, a private equity firm based in greater Kansas City, primarily targets controlling equity investments in Midwestern companies with revenues ranging from $20 to $150 million.

About HeartLand, LLC

HeartLand is a progressive organization dedicated to building relationships and delivering exceptional service through leading commercial landscape firms across the Midwest and Mountain West. They deliver the ordinary in extraordinary ways, by operating their business with a shared vision of excellence—combining best practices and the right tools for the job with ongoing training and support.