Maffei Landscape Contractors, based in Mashpee, today announced that it has partnered with Chenmark Capital Management, LLC, a family investment firm based in Portland, Maine. Company Founder and CEO Robert Maffei, who began Maffei Landscape while in high school in 1991, will remain CEO.
“I’m thrilled that what began as cutting grass to pay for college has grown into a team of more than 100 employees,” said Maffei. “Over the years, I have continually sought ways to grow the business and insert the right capital to get to the next level. Chenmark Capital Management will help us do that. Their vision and resources will allow us to continue growing, offer more innovative services, and create new career opportunities.”
Chenmark Capital is an investment firm focused on acquiring and helping to support the operations of small businesses through North America.
“We are excited to welcome Maffei Landscape to the Chenmark family,” said James Higgins, a Partner at Chenmark. “We are tremendously impressed with Bob and his team and look forward to helping the company continue its tradition of providing best-in-class service to leading property owners in the greater Cape Cod area.”
Maffei Landscape has grown into one of the largest commercial and residential landscape contractors serving Cape Cod and Southeastern Massachusetts. Throughout its 27 years of service, the company has also been a strong community partner, supporting local organizations like the Cape Cod Children’s Museum, Seaside Le Mans – The Race for the Cape Cod Community, Flags for Service, and many others. A Barnstable High School graduate, Bob is deeply entrenched in the Cape community, serving in numerous leadership capacities including on the Board of Directors for the Cape Cod Chamber of Commerce.
“Bob has always worked hard to stay on the cutting edge of business concepts,” said Wendy Northcross, CEO of The Cape Cod Chamber of Commerce. “He brought the idea of key performance indicators to the Chamber, and we now measure our monthly KPIs in new ways thanks to his leadership. We’re very proud of what he’s achieved and the jobs he’s created in the community. And we’re thrilled that he’s keeping the company local. Very rarely do businesses on the Cape scale up and stay – they tend to have to leave or lose their Cape Cod soul.”
“I grew up on the Cape, I grew this company on the Cape and I’m thrilled to keep the company and my raise my family here. I’m confident that the commitment to the local community will remain steadfast with our new partners,” said Maffei.
“The principals of Chenmark maintain strong multi-generational ties to the lower Cape and look forward to working with the Maffei team to invest in and provide employment opportunities for those in the local area,” said Higgins.
About Maffei Landscape:
As one of the region’s largest full-service landscape providers, Maffei Landscape offers residential and commercial landscape design, installation and maintenance, along with irrigation, horticultural services and snow removal. The company is located at 28 Nicoletta’s Way in Mashpee. For more information, visit www.maffeilandscape.com.
About Chenmark Capital:
Chenmark Capital is an investment firm that seeks to acquire and help support of the operations of small businesses throughout North America. The firm takes a long term and operationally focused approach to supporting the growth of its portfolio companies. For more information, visit www.chenmarkcapital.com.
