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SunWorks Expands in Florida Market Through New Greenfield Branch in Tampa, FL

1. SunWorks expands Florida operations with a new Tampa branch. 2. Exclusive Landscaping partnership boosts regional growth and capabilities. 3. New branch aims for rapid establishment and upward mobility for employees. 4. Management emphasizes core values: Safety, Efficiency, Customer Obsession, Opportunity. 5. Previous segments show strong expansion strategy in commercial landscaping.

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Why Bullish?

The expansion signifies strategic growth, which could positively impact revenue, similar to past expansions that enhanced market presence.

How important is it?

The article indicates significant regional expansion potential, which is likely to positively influence SUNW's market performance.

Why Long Term?

The establishment of a new branch suggests sustainable growth, aligning with the company's long-term strategic goals in expanding market reach.

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TAMPA, Fla.--(BUSINESS WIRE)--SunWorks Landscape Partners (“SunWorks”), a national operator of leading commercial landscaping brands, announced the expansion of its Florida operations through a new Tampa branch launched in partnership with Exclusive Landscaping (“Exclusive”). This marks the seventh greenfield branch SunWorks has launched nationally and the third in Florida. After partnering with leading local companies, SunWorks works with management to accelerate their growth by providing the resources and support necessary to expand their operational capabilities and geographic footprint – often helping them launch new branches in adjacent markets. Since joining the SunWorks family in 2023, Exclusive has grown from a local business in South Orlando to a major regional player serving customers across central Florida. “There are a lot of landscape companies around here, but starting [a new branch] with a good organization behind our backs is exciting,” says Jay Grimaldi, General Manager in Tampa. “My goal is to have a fully functional branch within one year. I want a foundation we can build upon.” Asked what prospective team members should know, Jay tells them that “Exclusive will provide job security and promotions are possible! Upward mobility is a major opportunity as we build the branch from the ground up.” “My immediate priorities are to build a contact list, go after target areas, build large properties into our revenue, and join associations,” says Sam Passafiume, Market Sales Director in Tampa. “We have an abundance of territory to cover with lots of potential! This is a chance to participate in growth, which I am looking forward to.” Both Jay and Sam are eager to get started building the Tampa branch. They want potential clients and future employees to know that the new location will reflect the same core values that define Exclusive Landscaping and other SunWorks companies: Safety, Efficiency, Customer Obsession, and Opportunity! About Exclusive Landscaping Exclusive Landscaping is a leading provider of full-service commercial landscape maintenance in central Florida. The company strives to create long-term relationships with clients based on honesty, quality, dependability, and outstanding results. For more information, please visit exclusive-grp.com. About SunWorks Landscape Partners SunWorks Landscape Partners is a commercial landscape maintenance company committed to building enduring regional brands by partnering with leading family-owned businesses, delivering exceptional quality and customer service, and creating unmatched growth opportunities for our people. For more information, please visit sunworkslp.com. About Alpine Investors SunWorks is backed by Alpine Investors, a people-driven private equity firm committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine has over $15B in assets under management, with offices in San Francisco, New York, and Salt Lake City.

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