Osprey Expands Reach with Earthworks Partnership
Deal News | Jul 15, 2025 | Southfield Capital Advisors LL
Southfield Capital, a notable private equity firm focused on the lower middle market, has announced its portfolio company Osprey Landscape Group's strategic partnership with Earthworks, Inc., a commercial landscaping service provider based in Texas. This partnership broadens Osprey's geographical reach into the Dallas/Ft. Worth and Houston markets, significantly expanding its footprint. The transaction marks the third significant move for Osprey since its partnership with Southfield Capital commenced. Earthworks, renowned for its reliable landscaping services over four decades, benefits from Osprey's best practices, which aligns well with its mission. With Southfield's support, Osprey aims to leverage this expansion to fortify its presence in high-growth areas while delivering exceptional value to its clients across several sectors. Legal counsel for the deal was provided by Finn Dixon & Herling LLP, and financing was facilitated by Monroe Capital.
Sectors
- Private Equity
- Landscaping Services
Geography
- United States – The companies and the partnership discussed are based and operating within the United States.
- Texas – Earthworks, Inc. provides services in Texas, and this partnership expands Osprey's reach into the Texas market.
Industry
- Private Equity – Southfield Capital is a private equity firm involved in this strategic partnership.
- Landscaping Services – Osprey Landscape Group and Earthworks, Inc. are both involved in providing landscaping services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Osprey Landscape Group | Target Company | Company | A leading national provider of commercial landscaping services. |
| Southfield Capital | Private Equity Firm | Company | A private equity firm investing in high-growth, lower middle market companies in the business services sector. |
| Earthworks, Inc. | Partner | Company | A Texas-based provider of commercial landscaping services. |
| Finn Dixon & Herling LLP | Legal Advisor | Company | Provided legal counsel to Osprey and Southfield Capital. |
| Monroe Capital | Financing | Company | Provided financing to Osprey and Southfield Capital. |
| Chris Lee | CEO of Earthworks, Inc. | Person | Leader of Earthworks and involved in the partnership with Osprey. |
| Heb James | Partner at Southfield Capital | Person | Commented on the strategic partnership with Earthworks. |
| Josh Dake | CEO of Osprey Landscape Group | Person | CEO of the target company Osprey Landscape Group involved in the partnership. |