RAW Ventures
Operator-led acquisition & investment
Home & Commercial Services · Texas
The Texas landscape category is enormous and underbuilt. Recurring commercial maintenance contracts, irrigation work, and enhancement upsell create a real platform business. We focus on maintenance-led operators, not project-only design-build.
Valuation
Commercial maintenance contract revenue trades at the highest multiples. Residential design-build trades lower due to project volatility. Mix and contract retention drive valuation more than top-line revenue.
EBITDA Multiple
3.5x – 6.0x Adjusted EBITDA
Revenue Multiple
0.6x – 1.3x trailing revenue
Educational ranges based on RAW Ventures' active Texas deal flow. Your business will be valued on its specific financials and risk profile.
What Drives Value
Common Detractors
Acquisition Criteria
Revenue
$2M – $20M
EBITDA
$400K – $4M
Geography
Texas-headquartered (DFW, Houston, Austin, San Antonio, or surrounding metros) strongly preferred; nationwide operators welcome.
Notes
Maintenance-led commercial preferred; LI license and H-2B history a plus.
Succession & Structure
Not every Landscaping owner wants the same exit. We structure transactions around your timeline, your tax picture, and your relationship with the team.
Explore Succession Hub →Anonymized Texas Case Studies
Central Texas
$7.5M revenue / $1.2M EBITDA
Majority recap with founder retaining 30%
Founder wanted liquidity and a partner to scale into San Antonio. Closed a clean majority recap; expansion is underway with retained leadership.
Frequently Asked
Yes, when the commercial contract base is real and routes are dense.
It's a structural reality of the industry. Documented compliance and a stable returning workforce is actually a plus.
Confidential Inquiry
Principal-to-principal. No fees. NDA on request. We reply within one business day.
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