Green Thumb Lawn & Garden and Sun Coast Trailers Manufacturing Acquired by Sunbelt Diversified Enterprises, LLC
Sunbelt Diversified Enterprises, LLC is pleased to announce it has acquired Green Thumb
Lawn & Garden, a leading professional landscape equipment sales and service center, and
Sun Coast Trailers Manufacturing, providing high quality custom utility and equipment
trailers. Both companies are located in Broward County, Florida and provide a one-stop-shop
for professional landscape companies. Combined sales of both companies exceed $14 million.
Founded in 1975, Green Thumb sells and services the leading landscaping equipment brands
of John Deere, Dixie Chopper, Scag, Stihl, Husqvarna and many others. Green Thumb
has a strong reputation for outstanding customer service and repairs resulting in a high
retention rate of its customers. A highly experienced in-store staff arranges equipment
financing from third party finance companies; customers can be signed, sealed and ready
to go in as little as 15 minutes.
A new 29,000 square foot facility houses a state-of-the-art show room, repair shop and
the Sun Coast trailer manufacturing operation. Sun Coast is a premier manufacturer of
high quality custom enclosed utility and equipment trailers and truck bodies for the
Green Thumb Lawn and Garden and Sun Coast Trailers were founded by the Beisterfeld Family,
whose knowledge and 30+ year devotion to their customers have made the company the largest
Broward-based equipment supplier to the fast-growing professional landscape industry.
John Beisterfeld and Joseph Beisterfeld, Jr. have signed long-term employment agreements
to continue to run the company as CEO and Vice President, respectively.
About Sunbelt Diversified Enterprises, LLC
Sunbelt Diversified Enterprises, LLC (Sunbelt) is a private equity holding company focused
on acquiring great companies in the lower middle market, partnering with
management to build even greater value, and holding these companies for the long term.
Based in Miami, Florida, Sunbelt seeks companies in the 13 southeastern states of
Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi,
Louisiana, Texas, Oklahoma, Arkansas, Tennessee and Kentucky. As the name “Diversified”
implies, Sunbelt is building a varied portfolio and is open to investments in manufacturing,
distribution and basic service companies with strong management, earnings and market share. Good candidates for
acquisition by Sunbelt include companies with a history of success and profitability,
straight forward business models, and recurring EBITDA of at least $1.5 million.
Sunbelt welcomes working with advisors and intermediaries and will lower its threshold
criteria for add-on acquisitions to existing portfolio platform companies.