Last month the team of enterprise value specialists at Ceibass, acting as advisors to the seller, announced the acquisition of Parkside Landscaping of Denver by Cutting Edge Services, Boise Idaho.
“Cutting Edge Services is the leading commercial landscape company in Idaho and Utah,” said Tom Fochtman, Ceibass CEO. “Their acquisition of Parkside Landscaping in Denver will enable Cutting Edge to expand and strengthen its position in the Colorado market.”
Parkside Landscaping was founded in 1992 and provides landscape maintenance and snow removal services to the greater Denver area. “Parkside has built a reputation for quality work and long-term relationship-based growth focusing on multi-family and commercial clients,” added Tom.
Gene Baker, President of Parkside Landscaping Inc, will continue to lead the company alongside the new ownership group. “We are very excited to partner with Cutting Edge. This will allow Parkside to strengthen our presence in the Front Range while creating more advancement opportunities for our team members,” said Gene.
“We are looking forward to growing the Denver market while continuing to expand our operational footprint in the western United States,” said Co-Founder of Cutting Edge, Ben Helton.
Bob Wheeler, Cutting Edge Co-Founder, commented, “Expansion into Denver has been a long-term goal of ours, and we could not have picked a better company to partner with. Gene and his highly skilled team are a great addition to our operation.”
Cutting Edge Services provides commercial exterior maintenance services including grounds maintenance, snow and ice management, asphalt maintenance, and more.
Currently Cutting Edge provides services in 14 western states. Recently recognized on the Inc. 5000 list of the fastest-growing privately held small businesses in the U.S, Cutting Edge is celebrating their 25th anniversary in 2020.