This week at the Executive Summit & Awards Show in Dallas the 2019 Lawn & Landscape Top 100 Companies by revenue were announced.
The2019 Lawn & Landscape Top 100 is based on 2018 revenue from landscape profit centers. Most information is reported by each company listed, and supplemental data are sourced from public records and reporting by L&L staff.
Companies on the list earned a combined revenue of $10,221,735,143 in 2018, which is an increase of $603,045,036, or 6.27 percent, compared to 2017. The average expected growth for 2019 is 10 percent.
“Many of the companies on the Top 100 list have used acquisition as a strategy for growth. There are at least 18-22 active buyers on the list, probably more,” said Tom Fochtman, Ceibass CEO. “The level of interest in growth from acquisition is at an all time high. Money is still inexpensive, opportunities abound for the ‘right’ companies to be acquired. What’s right? It just depends on how your company fits or doesn’t fit into a buyer’s strategic plan.”
Companies on the list also reported total employment of 97,269. This year’s list include companies from 27 states and three firms in Canada. The states with the most Top 100 companies are California (14), Texas (11) and Illinois (9). For 10 years in a row, California is home to the most companies on the list.
“The other thing to note is that the level of professionalism and business acumen is very high. These companies have upped their games, hired top notch professionals, are planning masters and have articulated clear goals and strategies for their growth,” added Tom.
For a look at the 2019 Lawn & Landscape Top 100 click here.