FRANKLIN, Tenn.--(BUSINESS WIRE)--Outdoor Living Supply (“OLS”), a distribution platform with a focus on outdoor living products and solutions, announced today that it has acquired Garden Supply Hardscapes (“Garden Supply” or the “Company”), a full-service distributor of hardscape, natural stone, brick, lighting, bulk materials and other complementary landscape products to Northern California.
Founded in 1964 by the late Larry Riches, Garden Supply has earned a reputation for providing top-quality products and exemplary service throughout the Bay Area. The Company currently employs 51 people and sells out of two locations in San Jose and San Carlos. Ken Riches will continue to lead Garden Supply’s dedicated employee base going forward, ensuring continuity and consistency for customers and supplier partners.
Brian Price, CEO of Outdoor Living Supply, commented, “Garden Supply is a special business that we have long admired. Their team’s deep experience and commitment to their customers’ success aligns with our vision and growth strategy, making this an ideal partnership. I am thrilled to welcome this talented group to our OLS family of companies.”
“We chose Outdoor Living Supply because of their reputation for respecting the unique legacy of each of their local stores,” said Dennis Riches, owner of Garden Supply. “We are excited about the future and look forward to strengthening the relationships we have developed over these many years.”
Ken Riches, owner of Garden Supply, added, “We are confident that OLS is dedicated to investing in our business and our people, advancing our ability to provide the highest level of service and creating growth opportunities for our employees and loyal customers.”
Faegre Drinker Biddle & Reath LLP served as legal advisor to OLS.
About Outdoor Living Supply
Outdoor Living Supply is a distribution platform with a specific, differentiated focus on outdoor living products. 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 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. Since inception, Trilantic North America has managed seven private equity fund families with aggregate capital commitments of $11B. For more information, visit www.trilanticnorthamerica.com.
