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Landscape Effects Property Management (LFX), an Ontario-based provider of landscaping, snow and ice, and other exterior services to commercial customers across the country, has merged with Case Facilities Management Solutions (Case FMS), a US-based snow and landscaping services provider.
No financial terms were disclosed.
The combined company is backed by The Halifax Group, which previously invested in Case FMS in December 2021.
Case FMS founder and CEO Jason Case will remain the combined company's CEO and will hold a sizeable ownership position. LFX founder and CEO Paul St. Pierre has joined the board of directors and is now a shareholder in the combined company. The operational leadership teams for Case and LFX will still be in charge of managing daily operations in the United States and Canada, respectively.
Parties
Company
Landscape Effects Property Management
Company
Case Facilities Management Solutions
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
25 January 2024