White Oak Global Advisors (“WOGA”) provided a senior secured loan to Integrity Landscape Corporation (“Integrity”) to refinance existing debt and finance the acquisition of Serpico Landscaping, Inc. Integrity is a full-service commercial landscaping company operating across the Bay Area. Integrity is a portfolio company of Seacoast Capital and Galaxi Group, a leading west coast based independent sponsor.
"The commercial landscaping industry continues to demonstrate strong fundamentals, and we're pleased we could collaborate with Integrity’s management team and existing investors to support their continued growth,” said Albert Brandano, Partner at White Oak Global Advisors. “This transaction reflects our commitment to partnering with well-managed businesses in essential service industries that show clear paths to sustainable growth."
“Serpico Landscaping is a dynamic, high-caliber commercial landscaping company, and we couldn’t be more excited to welcome their talented team and loyal customers into the Integrity Landscape family,” said Rich Bronstein, Managing Principal at Galaxi Group. “White Oak has been a key partner in making this possible, and with their support, we’re charging ahead to bring our bold vision to life—becoming the premier commercial landscaper in California and beyond.”
The deal illustrates White Oak’s capabilities in providing tailored financing solutions to non-sponsored borrowers across a number of sectors, including landscaping, commercial services and manufacturing.