Offering a Better Way to Grow.
Outdoor Living Supply (“OLS”), a distribution platform for outdoor living products with a focus on hardscapes, announced today it has acquired The Rock Garden (“TRG”), an independent distributor of natural stone, hardscapes, and architectural elements such as mantles and hand-hewn stone furniture. The acquisition extends the OLS platform into California and strengthens its regional presence in the Lake Tahoe market.
Based in Truckee, California, The Rock Garden was founded in 1998 and is a division of Marsh Ventures, Inc. The Rock Garden is the premier natural stone supplier to the North Lake Tahoe and Truckee markets. Their high-quality product offering and commitment to their customers has made The Rock Garden the first choice of local architects, contractors, and homeowners.
“I am proud to welcome the dedicated team at The Rock Garden to the OLS family of companies. This exciting new partnership expands our OLS footprint into California,” commented Brian Price, CEO of OLS. “With its proximity to our Parker Hardscape Supply location, The Rock Garden is an exceptional fit. The combined strength and resources of these two locations will allow us to form the region’s market-leading platform, delivering best-in-class customer service to the Lake Tahoe and High Sierra markets.”
Brian Marsh, President of Marsh Ventures, Inc., added, “We are extremely proud of the business we have built and are confident OLS will be an excellent steward of our Marsh Ventures, Inc. partnership legacy. OLS shares our commitment to providing an exceptional customer experience, along with providing growth opportunities for our employees, customers, and suppliers alike. We are thrilled to have The Rock Garden join the OLS family of companies and look forward to watching the next chapter of growth unfold.”
Faegre Drinker Biddle & Reath LLP served as legal advisor to OLS.
About Outdoor Living Supply
Outdoor Living Supply is a distribution platform for outdoor living products with a specific, differentiated focus on hardscapes. OLS seeks to partner with family- and founder-led companies with shared values and local heritage. By leveraging deep industry relationships, OLS supports its companies’ growth 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 launched in partnership with Trilantic North America in late 2020, which invested in the platform to support its growth across key verticals including: hardscapes; outdoor living; landscape accessories; outdoor lighting; and bulk materials.
For more information, visit www.outdoorlivingsupply.net.
About Trilantic North America
Trilantic Capital Management L.P. ("Trilantic North America") is a leading, growth-focused middle market private equity firm focused on control and significant minority investments in North America. Trilantic North America's primary investment focus is in the business services and consumer sectors.
Trilantic North America has managed six private equity fund families with aggregate capital commitments of $9.7 billion. Trilantic North America has been recognized by Inc. Magazine's 2021 list of Top Founder-Friendly Investors and has been named one of Growthcap’s 2021 Top 25 Private Equity Firms for Growth Companies.
For more information, visit www.trilanticnorthamerica.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005181/en/
Contacts
Media
Kathy Granger
Marketing Director
Outdoor Living Supply LLC
kgranger@outdoorlivingsupply.net
651.318.5051
Partnership Opportunities
Pedro Losa
VP, Head of Corporate Development & Strategy
Outdoor Living Supply LLC
plosa@outdoorlivingsupply.net
910.547.1231