ROCHESTER, MN–(BUSINESS WIRE)–Outdoor Living Supply (“OLS”), a distribution platform for landscaping-focused outdoor living products, today announced the acquisition of Norristown Brick (“the Company”), a distributor masonry, landscaping and landscaping materials independent contractor in and around Montgomery County, Pennsylvania. This acquisition further strengthens OLS’ presence in the Mid-Atlantic market.
Based in Norristown, Pennsylvania, Norristown Brick was founded in 1986 with the goal of providing a comprehensive selection of quality landscaping and masonry materials to its customers. A third generation business, the company has been developed by the Lyons and Swire families to become a leading regional supplier with 13 full-time employees, serving both commercial and residential markets. Russell Lyons will continue to lead the business into the future, ensuring continuity and consistency for customer and supplier partners.
“We are delighted to welcome Russell and his dedicated team to the OLS family of companies. This is our second acquisition in Eastern Pennsylvania, adding an important location to our presence as we continue our Northeast expansion efforts,” commented Brian Price, CEO of OLS. “The company’s proximity to our Woodward Landscape Supply site in Phoenixville creates powerful synergies; enabling us to form the market leading platform in the region and provide best in class customer service. »
Russell Lyons, owner and operator of Norristown Brick, added, “We are delighted to be part of the growing network of independent supply yards under the Outdoor Living Supply umbrella. This partnership offers a tremendous opportunity for growth. Like OLS, our commitment to delivering an exceptional customer service experience is at the heart of what we do. Our customers, suppliers and employees can all look forward to new opportunities. »
Faegre Drinker Biddle & Reath LLP acted as legal counsel to OLS.
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 leading growth-oriented 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 $9.7 billion. Trilantic North America has been recognized by Inc.’s Founders’ Best Friends Investors 2021 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.