BrightView IPO: Beautiful Business Model, But Not A Good Deal

The company is interesting since it is a leader in providing commercial landscaping services. In addition, with 19,000 employees and annual revenues of $2.162 billion, many professional traders will take this company very seriously. With that, I believe that debt and offering price are not that interesting.

Source: Prospectus

Business Overview

Claiming 140 years of combined experience and having revenues more than 10 times those of its next largest commercial landscaping competitor, BrightView Holdings, Inc. seems to be a very serious business. The company provides commercial landscaping services ranging from landscape maintenance and enhancements to tree care and landscape development.

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