Topic: How To Invest

Q: Could you kindly give me your input on whether BrightView Holdings (BV) is worth investing in? Thanks.

Article Excerpt

A: BrightView Holdings Inc., $6.57, symbol BV on New York (Shares outstanding: 93.0 million; Market cap: $621.2 million; www.brightview.com), is the largest provider of commercial landscaping services in the U.S. This includes designing, creating, and maintaining landscapes at premier properties across the U.S., including business parks and corporate offices, homeowners’ associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues. The company also provides comprehensive snow and ice removal services. BrightView is the official field consultant to Major League Baseball. The company was formed in 2015 through a merger between The Brickman Group (acquired by KKR & Co., symbol KKR on New York, for $1.6 billion in 2013) and ValleyCrest Landscaping. BrightView went public on June 27, 2018, in an IPO at $22 per share. The company continues to grow by acquisition. For example, most recently, on November 15, 2022, it acquired Apex Land Group, LLC, a commercial landscaping company, based in Myrtle Beach, South Carolina. The…