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Old 08-17-2013, 12:11 AM
Nj shade Nj shade is offline
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Brickmen for sale? Wall st has major $$ in landscape companies?

Apparently brickmen has hired Barcleys and Morgan Stanley to shop them around for a buy out, value in the $1.5 billion, yes BILLION neighborhood for vaule!!! That alone blows my mind! Yes I know they are a monster but OMG!!!also found out which I thought was even more interesting that both Valley Crest and Tru Greene are owned by equity funds, estincaly Wall St firms. With major firms/equity funds (think hedge fund) owning major landscape companies makes me wonder where the value is to them in the companies? Are they really netting that much or is it just a write off for these firms? Tru Greene in my area does work for next to nothing, not good work, but still work. Which points to them driving OUR profit and bottom line down, just so a major fund/firm can reap a nice tax write off against their trading gains, weather it be stocks/real estate/commodities ( crude oil / gasoline futures ).

Just a little rant and rave on a Friday night...
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Old 08-17-2013, 08:28 AM
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Efficiency Efficiency is offline
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Quote:
Originally Posted by Nj shade View Post
Apparently brickmen has hired Barcleys and Morgan Stanley to shop them around for a buy out, value in the $1.5 billion, yes BILLION neighborhood for vaule!!! That alone blows my mind! Yes I know they are a monster but OMG!!!also found out which I thought was even more interesting that both Valley Crest and Tru Greene are owned by equity funds, estincaly Wall St firms. With major firms/equity funds (think hedge fund) owning major landscape companies makes me wonder where the value is to them in the companies? Are they really netting that much or is it just a write off for these firms? Tru Greene in my area does work for next to nothing, not good work, but still work. Which points to them driving OUR profit and bottom line down, just so a major fund/firm can reap a nice tax write off against their trading gains, weather it be stocks/real estate/commodities ( crude oil / gasoline futures ).

Just a little rant and rave on a Friday night...
You're an idiot if you think private equity buys for a write off.
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Old 08-17-2013, 09:04 AM
Nj shade Nj shade is offline
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Not quite sure if you understand how hedge funds / equity funds work in depth, part of their game at making $$ is also to find shelters and write offs for all the gains. Not saying 100% case in lawnlandscape companies but wouldn't shock me!
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Old 08-17-2013, 04:57 PM
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wbw wbw is online now
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Nobody buys anything for a write off.
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Old 08-17-2013, 09:29 PM
Armsden&Son Armsden&Son is offline
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What's the spread on the "green industry" for the next ten years? Folks that prospect for a living don't just randomly invest....
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Old 08-18-2013, 07:59 PM
Bryan27 Bryan27 is offline
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Nobody buys anything for a write off.
Correct, Profit is the first and most important reason to buy a business. Having a lot of write offs means you have a lot of expenses, not necessarily a bad thing, but making a profit is test #1.
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Old 08-18-2013, 09:38 PM
Weekend cut easymoney Weekend cut easymoney is offline
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There are seversl ways to get value out of something...you can grow the business and not make a profit per se...having it as an asset ...later selling it off..
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