Outdoor Living Supply Acquires Longtime Wilmington Stone Supplier
A national landscaping company has acquired Wilmington-based Stone Garden.
Outdoor Living Supply announced its acquisition of the independent stone supplier on Wednesday, according to a press release.
Located at 5726 Market St., Stone Garden was founded in 1999 and “reigned as the region’s premier stone garden and outdoor living center,” the statement said.
Stone Garden founder and owner Nina Brown will continue to lead the local business to ensure continuity of customers and suppliers. “For more than 23 years, Stone Garden has been a trusted partner to our community of residential and commercial customers,” Brown said in the release. “Looking forward, our partnership with [Outdoor Living Supply] will allow us to continue doing what has made us successful while creating new growth opportunities for the company, as well as for our employees and business partners.
“I am delighted [Outdoor Living Supply] shares our commitment to customer service and our brand heritage,” she said.
Including Stone Garden, Outdoor Living Supply lists 13 brands on its website. The company seeks partnerships with “family-owned and founder-led businesses with shared values and local heritage,” according to the release. These strategic acquisitions allow companies to grow through training, resources and technology. Outdoor Living Supply (OLS) launched in 2020 with financial backing from mid-market private equity firm Trilantic North America.
“We are delighted to welcome Nina and her dedicated team to the OLS family of companies. This represents our fifth location in North Carolina and our first location in the fast-growing coastal market,” OLS CEO Brian Price said in the release. “Nina has built an exceptional company and shares our commitment to providing an exceptional customer experience. We look forward to growing with Stone Garden for years to come.