ValleyCrest Acquires Omni Landscape Group

ValleyCrest Companies of Calabassas, Calif., a privately held landscape organization with more than $700 million in revenue, announced Oct. 5 the acquisition of Omni Landscape Group. Omni's parent company, Omni Facility Services, filed for Chapter 11 protection from the U.S. Bankruptcy Court in June 2004.

Substantially all the assets of Omni Landscape Group are now part of ValleyCrest's landscape maintenance division. The acquisition expands ValleyCrest's operations in Georgia, Pennsylvania, Maryland, Virginia, New York, and New Jersey. ValleyCrest expects the transaction to add approximately $50 million in revenue and 700 people to its team of about 8,000 employees.

?EUR??,,????'??We plan to take advantage of their reputation as a leader in turf management by learning from their success and business,?EUR??,,????'?? said Richard Sperber, president of ValleyCrest Companies.

Integration of Omni's resources and personnel is the responsibility of Roger. Zino, president of ValleyCrest Landscape Maintenance. "First and foremost, we're going to take care of the people," said Zino.?EUR??,,????'??

For more information on ValleyCrest Companies, visit www.valleycrest.com