ROCHESTER, Minnesota–(BUSINESS WIRE)–Outdoor Living Supply (“OLS”), a distribution platform for landscaping-focused outdoor products, today announced the acquisition of LandCare Associates, Inc. (“LandCare” or “the Company”), an independent distributor of natural stone, hardscapes, landscaping supplies and bulk materials in Northern New England. The acquisition helps strengthen OLS’ presence in this key market.
Based in Madbury, New Hampshire, LandCare Associates was founded in 1984 by Daniel Gordon as a provider of landscaping and maintenance services. In 1991 the company moved into distribution and in 2015 purchased a second store, Stratham Hill Stone, establishing itself as the largest retailer of natural stone and landscaping products in northern New -England. Going forward, Daniel will continue to lead the business, ensuring continuity and consistency for customers, suppliers and employees.
Brian Price, CEO of OLS, said, “We are delighted to welcome Daniel and the LandCare Associates team to the OLS family of companies. LandCare has done an exceptional job of growing their business and building a reputation for top-notch customer service. We are delighted to add this strategic acquisition to our growing network and look forward to the growth opportunities that the partnership between LandCare Associates and Landscapers Depot will create in this market. »
Daniel Gordon, owner of LandCare Associates, added: “We are pleased to join OLS. This partnership enhances career opportunities for our team of dedicated professionals and allows us to leverage our extensive supplier partner base. We are honored by the success our business has enjoyed over the past 38 years and energized by the increased growth opportunities this new partnership offers our customers, suppliers and employees.
About the outdoor living offer
Outdoor Living Supply is a distribution platform for outdoor living products with a specific and differentiated focus on hardscapes. OLS seeks to partner with family-owned and founder-led businesses that share values and local heritage. Leveraging deep industry relationships, OLS supports the growth of its businesses both organically and through strategic acquisitions while providing the products, resources, technology and training to enhance the customer experience and create new opportunities for its employees. Outdoor Living Supply was launched in partnership with Trilantic North America in late 2020, which invested in the platform to support its growth in key verticals including: landscaping; live outside; landscape accessories; outdoor light; and bulk materials.
For more information, visit www.outdoorlivingsupply.net.
About Trilantic North America
Trilantic Capital Management LP (“Trilantic North America”) is a growth-oriented, middle-market private equity firm focused on controlling and significant minority investments in North America. Trilantic North America’s primary investments are in the business services and consumer sectors. Trilantic North America has managed six families of private equity funds with total capital commitments of $9.9 billion. Trilantic North America has been recognized by Inc.’s Founders’ Best Friends Investors 2022 list. Magazine and was named one of GrowthCap’s Top 25 Private Equity Firms for Growth Companies in 2021.
For more information, visit www.trilanticnorthamerica.com.