BrightView Holdings Business Summary

BrightView Holdings, Inc. (BV) is the largest commercial landscaping services provider in the United States, operating a high-density service model centered on recurring revenue and specialized project work. The company generates the majority of its revenue through its Maintenance Services segment, which provides route-based services including lawn care, tree maintenance, and water management, alongside seasonal snow and ice removal. Its Development Services segment focuses on the sophisticated design and large-scale installation of landscapes for corporate campuses, sports complexes, and educational institutions. Positioned as the clear market leader by scale and geographic reach, BrightView competes primarily against specialized firms such as Yellowstone Landscape, Bartlett Tree Experts, and HeartLand, as well as diversified facilities management peers like ABM Industries. Leadership is currently spearheaded by President and CEO Dale A. Asplund, who joined in late 2023 following a 25-year tenure at United Rentals, where he served as EVP and COO. He is supported by EVP and Chief Financial Officer Brett Urban and Chief Commercial Officer Michael Dozier. The company was formed in 2014 through the KKR-led merger of two industry titans: The Brickman Group (founded by Theodore W. Brickman, Sr. in 1939) and ValleyCrest Companies (founded by Burton S. Sperber in 1949). While KKR remains a significant influence with Senior Advisory Partner Paul E. Raether serving as Chairman of the Board, the company recently secured a $500 million strategic investment from One Rock Capital Partners to accelerate its operational transformation and debt reduction strategies.