Landscaping Business Valuation Multiples 2025
Landscaping businesses command 2.5x–4.5x SDE in today's market. PE consolidation is accelerating. Here's what your landscaping company is worth and what drives the multiple.
Read Article →Valuation BenchmarksMay 2025 · 5 min read
Landscaping Business Valuation in Connecticut: Greenwich & Hartford Market Data 2025
Connecticut landscaping businesses benefit from Greenwich's extraordinary hedge fund estate market, Fairfield County's premium residential accounts, and Connecticut's 6.99% income tax — strategic exit planning is essential.
JT
Jason Taken
HedgeStone Business Advisors
Connecticut's landscaping market is dominated by Fairfield County — home to more hedge fund offices than any other location outside Manhattan, the most concentrated cluster of ultra-high-net-worth residential properties in New England, and Connecticut's most premium commercial landscaping accounts. Greenwich, Darien, New Canaan, Westport, and Wilton generate residential landscaping accounts at price points rivaling the Hamptons. Connecticut's 6.99% income tax is the key exit planning consideration.
Connecticut Landscaping Multiples
Connecticut landscaping businesses sell for 3.0x–5.0x SDE. Fairfield County (Greenwich, Stamford, Darien, New Canaan, Westport, Wilton, Ridgefield) commands the strongest multiples — the most concentrated hedge fund and financial services professional residential market in New England; estate landscaping accounts at $30,000–$100,000+ annually per property; corporate campus grounds for UBS Americas' Stamford headquarters, WWE's headquarters, and the I-95 Stamford corridor; and prestigious private school and university grounds management (Greenwich Country Day, Choate Rosemary Hall, Yale's numerous properties). Hartford adds Aetna (now CVS Health)/Hartford Financial campus grounds, Trinity College campus landscaping, and the Connecticut Capitol Complex grounds.
Greenwich and Fairfield County Estate Market
Greenwich, Connecticut has historically been the hedge fund capital of the world — Bridgewater Associates, Tudor Investment Corp, Point72, and dozens of major hedge funds are headquartered in Greenwich, Westport, and Darien. The principals and managing directors of these funds occupy estates that generate the highest residential landscaping accounts in New England: Greenwich's backcountry estates (north of the Merritt Parkway) generate annual landscaping contracts of $40,000–$150,000 per estate, with year-round maintenance including snow removal, winter protection for tender plantings, spring cleanup, summer weekly maintenance, and elaborate seasonal color programs. Landscaping companies with established Greenwich backcountry or New Canaan estate portfolios have the highest per-account revenue of any landscaping market in New England.
Stamford Corporate Campus and Private School Grounds
Stamford's I-95 corridor has become one of the Northeast's significant corporate campus markets — UBS Americas' North American headquarters, Charter Communications, Synchrony Financial, and dozens of financial and tech companies maintain large Stamford campuses. Commercial grounds management contracts for Stamford corporate campuses run $30,000–$120,000 annually — comparable to suburban Chicago or Northern Virginia markets but at a smaller geographic scale. Connecticut's extraordinary density of elite private schools (Choate Rosemary Hall in Wallingford, Miss Porter's School in Farmington, The Hotchkiss School in Lakeville, Kent School) and the Ivy League's shadow in Yale (New Haven) generate institutional grounds management accounts with multi-decade stability.
Connecticut at 6.99% — Exit Planning for Fairfield County Sellers
Connecticut's 6.99% top income tax rate is high by New England standards — better than New Jersey (10.75%) and Massachusetts (5% flat — actually better), but combined with Connecticut's local property and estate taxes, the overall exit burden is significant. On a $2M landscaping exit, Connecticut sellers pay $139,800 in state income taxes — versus $61,400 in Pennsylvania (3.07%), $0 in Florida, or $0 in Nevada. Total effective rate in Connecticut is approximately 29–31%. Fairfield County landscaping business owners — particularly those with Greenwich or New Canaan estate portfolios — should engage exit advisors experienced in Connecticut's specific tax context and the nuances of marketing ultra-premium residential landscaping account portfolios to buyers who recognize the extraordinary defensibility of established Fairfield County estate relationships.
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