WSC acquires YardWorks and forms Yard Alliance

WSC & Company, LLC (WSC), announced the acquisition of YardWorks and the formation of Yard Alliance. YardWorks, headquartered in Charleston, South Carolina, is a residential landscape design, maintenance, and installation company that specializes in servicing high-end homeowners. The current managers of the business will continue to lead YardWorks and the business will function as part of the newly formed Yard Alliance, led by former WSC Director, Walker Hobson. Yard Alliance will serve as the platform to drive continued investment in the residential landscaping industry.

YardWorks is a residential lawn care and lawn design service provider to more than 800 customers in the East Cooper area of the greater Charleston. Services offered include lawn maintenance, irrigation and lighting services, lawn fertilization, landscape construction, and seasonal enhancements. The business has grown to be a valued member of the greater Charleston community, serving hundreds of homeowners and employing dozens of workers since inception in 2008.

Of the transaction Walker Hobson said, “I’m incredibly fortunate to work alongside the phenomenal leadership team Laurie developed at YardWorks and to begin building a network of best-in-class residential landscape service providers. I look forward to the growth we will be able to achieve by leveraging the people-first leadership strategy I learned while serving as a Paratrooper, sharing the skills and experience I accumulated as an investor and advisor, and listening to the entrepreneurs and leaders at the companies with whom we will partner.”

“YardWorks has seen significant growth over the past few years by increasing the breadth of our services and the scale of our team,” said Laurie Ulmer, who founded YardWorks on Sullivan’s Island in 2008. “Walker and the team at WSC & Company were the right partners for YardWorks’ next chapter because I believe in their plan to maintain the people-first, family-oriented culture that we built over the last 14 years by working alongside and elevating the existing team who were instrumental in making YardWorks the successful landscaping company that it is today.”

Badge Stone, Co-Founder and Managing Partner of WSC, added, “We have always believed that people make the business. With YardWorks’ management team and reputation, Walker’s leadership at Yard Alliance, and WSC’s full support, we are confident that this partnership will both secure the legacy of YardWorks and serve as a template for future partnerships in the residential lawncare industry.”

Stump & Company served as the financial advisor to YardWorks. Holland & Knight served as legal advisor to WSC & Company.