BisnowKinderCare Real Estate Locks In $650M Refinancing
A private REIT tied to the Milken family refinanced a 549-property KinderCare portfolio as the childcare operator's stock slides on weak enrollment.
The consolidator's acquisition of the 70-year-old, family-run landscaping firm extends its footprint into the high-end Scottsdale and Paradise Valley markets.

Mariani Premier Group has acquired Mitschele's, a Phoenix-based landscaping company founded in 1978 by Mark Mitschele and rooted in a family mulch business his father started back in 1955. The deal extends Mariani's presence in the Southwest and adds an estate landscaping operator serving high-end residential clients in Scottsdale and Paradise Valley. President Aaron Mitschele and general manager Taylor Vache will stay on to run the business day-to-day inside the Mariani platform.
Mariani ranks No. 4 on Lawn & Landscape's Top 100 list, and the Mitschele's deal is its latest bolt-on acquisition since launching just over five years ago. Financial terms were not disclosed. The transaction fits a broader pattern across home and outdoor services, where regional platforms are buying up multi-generational family operators to build density in affluent markets rather than compete for them unit by unit on price.
Unlike a straight exit, the deal keeps the Mitschele family's leadership in place, a structure that platform buyers increasingly favor to retain client relationships and local reputation. For franchise operators watching the home services roll-up trend, that succession-first approach is instructive: buyers are paying for continuity and craftsmanship, not just a customer list.
The acquisition adds to a growing list of landscaping and home services bolt-ons this year, reinforcing that private platforms see recurring, high-margin residential contracts as a durable category even as broader M&A activity slows elsewhere. Operators evaluating exits or expansion in adjacent home services categories should expect more of these family-succession deals as consolidators compete for reputable regional operators.
BisnowA private REIT tied to the Milken family refinanced a 549-property KinderCare portfolio as the childcare operator's stock slides on weak enrollment.
Revscale Media (illustration)Husband-and-wife franchise owners Ryan and Ashley Mitchell are extending their Always Best Care senior care territory across Indianapolis' South Side.
Revscale Media (illustration)GreatWater 360 Auto Care acquired seven-location Clutch Automotive, entering Houston and pushing its national footprint past 170 locations.
Travel And Tour WorldThe hotel franchisor's board confirmed its interim chief as permanent CEO, betting an internal finance and brand veteran can steady franchisee relationships and development.
Bill Truslow / Franchise TimesThe high-value, low-price gym chain signed its first new-to-system development deal in over a decade, betting fresh operators can reach markets left untapped.
Revscale Media (illustration)The private equity giant's reported acquisition extends a consolidation wave that already includes Neighborly and Groundworks into garage door repair.