Facilities Services Industry Update Fall 2025

Read more about M&A activity and trends in this sector

Landscaping services continues to attract strong interest from private equity investors, driven by recurring revenue models derived from contractual and subscription-based offerings
The sector benefits from steady, year-round demand for maintenance and enhancement services across residential and commercial sectors
Highly fragmented sector dynamics present compelling opportunities for consolidation, enabling private equity investors to pursue roll-up strategies and benefit from scale efficiencies
Favorable demographic trends—such as an aging population with discretionary income and a growing preference for “Do it For Me” services —support sustained, long-term U.S. sector growth
Private equity firms now represent a growing majority of deal activity in landscaping services sectors. In 2025, private equity firms have accounting for 76% of total transaction volume as of August 31st —reinforcing the industry's sustained attractiveness to financial sponsors

2022 to YTD Aug-25 M&A activity in landscaping services sectors

Company	Earnings Date	M&A Sentiment	Management M&A Commentary
BrightView	Aug 7	Opportunistic	Maintains sufficient cash reserves to enable strategic acquisitions, though its primary focus remains on driving organic, profitable top-line growth
The Brink's Company	Aug 6	Active	Maintains a strong M&A pipeline with a focus on strategic, accretive opportunities aligned with broader capital priorities
Iron Mountain	Aug 6	Active	Plans to expand its geographic footprint through M&A, with recent deals performing well and contributing $25 million to total revenue
Rentokil Initial	July 31	Active	Acquisitions remain a key growth lever with $200 million of investment planned for M&A this year
Securitas	July 30	Opportunistic	Management considers M&A as part of its strategic roadmap, alongside other organic growth initiatives
Ecolab	July 29	Active	Strong M&A pipeline, with strategic focus on water, life sciences, and digital technology sectors
Cintas	July 17	Active	Actively pursuing acquisitions across all route-based segments

Route-Based Facility Service Index Stock Performance

Facilities Services Industry Update Fall 2025

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Stephen Guy

Managing Director, KPMG Corporate Finance LLC

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Stephen Guy

Managing Director, KPMG Corporate Finance LLC

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