ROCHESTER, Minnesota–(BUSINESS WIRE)–Outdoor Living Supply (“OLS”), a distribution platform for outdoor products focused on landscaping, today announced the acquisition of Stone Garden (“the Company”), an independent distributor natural and cultured stone, landscaping, and landscaping supplies to the Cape Fear area of North Carolina. This acquisition further strengthens OLS’ presence in the Carolinas and expands its footprint in the coastal market.
Based in Wilmington, North Carolina, Stone Garden was founded in 1999 by Nina Brown. For over 20 years, the company has reigned supreme as the region’s premier rock garden and outdoor living center. Since its inception, Stone Garden has strived to be an inspiration to homeowners and a valuable resource for contractors. Nina will continue to lead the company’s team of experienced employees, ensuring continuity and consistency for customers and supplier partners.
“We are delighted to welcome Nina and her dedicated team to the OLS family of companies. This is our fifth location in North Carolina and our first location in the fast-growing coastal market,” commented Brian Price, CEO of OLS. “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.
Nina Brown, owner of Stone Garden, added: “For over 23 years, Stone Garden has been a trusted partner to our community of residential and commercial customers. Going forward, our partnership with OLS 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 that OLS shares our commitment to customer service and our brand heritage.
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 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 2021 list. Magazine and was named one of Growthcap’s Top 25 Private Equity Firms for Growth Companies.
For more information, visit www.trilanticnorthamerica.com