Pinecrest Serves as Exclusive Financial Advisor to DYNA-MIST
DALLAS, TX, June 15, 2023 — Pinecrest Capital Partners (“Pinecrest”) is proud to announce that Dyna-Mist, a leading provider of commercial landscaping services based in Wylie, Texas, has been acquired by Visterra Landscape Group (“Visterra”), a portfolio company of Trinity Hunt Partners (“THP”). Pinecrest served as the exclusive advisor to Dyna-Mist in this transaction.
Founded in 1990 by Randy Plumlee, Dyna-Mist has built an impressive reputation in the industry and among its customers as one of the premier landscaping service providers in North Texas. Dyna-Mist provides its customer base with routine maintenance, seasonal enhancement, and irrigation services. The new partnership with Visterra will provide Dyna-Mist with key resources and support to continue to expand operations through its next phase of growth.
Pinecrest Managing Director Bobby Renkes, Director Wes Romanowski, and Senior Associate Ted Gwara served as the investment bankers on the transaction.
“We are so excited to be a part of the Visterra family. We had many options, but it was clear from our first meeting that they were the right fit for Dyna-Mist. Their teams bring strong leadership that will enable Dyna-Mist to continue on our growth trajectory and achieve new heights,” said Randy Plumlee, Founder of Dyna-Mist. “Pinecrest did a phenomenal job understanding what our goals and objectives were and they ran a process that helped us achieve those goals. The process was very efficient and moved quickly and we are very thankful to have worked with them on this transaction.
“Randy and his team have built a brand that is laser focused on providing the highest level of service possible for its customers, and the results speak for themselves. It was a pleasure to be able to work with Dyna-Mist and help them achieve their transaction goals,” added Wes Romanowski. “We’re excited to see Dyna-Mist partner with the Visterra team to continue building the Dyna-Mist brand throughout the state of Texas.”
Jared Pace and Brison Williams from Abernathy, Roeder, Boyd, & Hullett served as the seller’s legal counsel for the transaction.
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Barrett Kingsriter and Bobby Renkes are registered representatives of Securities and Investment Banking Services, offered through BA Securities, LLC Member FINRA SIPC. Pinecrest Capital Partners and BA Securities, LLC are separate and unaffiliated entities.