ROCHESTER, Minnesota–(BUSINESS WIRE)–Outdoor Living Supply (“OLS”), a distribution platform for outdoor products focused on landscaping, today announced the acquisition of The Rock Garden (“TRG”), an independent stone distributor nature, landscaping and architectural elements such as hand-cut stone mantels and furniture. The acquisition expands the OLS platform in California and strengthens its regional presence in the Lake Tahoe market.
Based in Truckee, CA, The Rock Garden was founded in 1998 and is a division of Marsh Ventures, Inc. The Rock Garden is the premier supplier of natural stone 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 in California,” commented Brian Price, CEO of OLS. “With its proximity to our Parker Hardscape Supply site, The Rock Garden is an exceptional choice. The combined strength and resources of these two locations will enable 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 that OLS will be an excellent steward of the legacy of our partnership with Marsh Ventures, Inc. OLS shares our commitment to providing an exceptional customer experience, as well as providing growth opportunities for our employees, customers and suppliers. We are thrilled to have The Rock Garden join the OLS family of companies and look forward to seeing the next chapter of growth unfold.
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.
For more information, visit www.trilanticnorthamerica.com.