Along with management, Brighton purchased an outstanding warrant position in Lawn Dawg from Tenth Street Capital.
Brighton arranged a new senior credit facility with Fifth Third Bank for Lawn Dawg and repaid in full a mezzanine note due to Tenth Street Capital.
Premier Performance acquired Northridge 4×4, a leading distributor of aftermarket performance parts and accessories for Jeeps and off-road vehicles.
Lawn Dawg purchased the assets of LawnMaster of Derry (Nashua, New Hampshire), a tuck-in acquisition for Lawn Dawg’s existing New Hampshire branches.
Brighton arranged a new senior credit facility with Fifth Third Bank to support a dividend recapitalization transaction for Premier Performance.
Lawn Dawg acquired Lush Lawn Service, an independent lawn care business based in Hartford. The strategic transaction marked Lawn Dawg’s entrance into Connecticut, which joined New Hampshire, Massachusetts, Maine and New York as states serviced by Lawn Dawg branches.