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SiteOne Landscape Supply, Inc. completes acquisition of OakStreet Wholesale Nursery to strengthen its presence in the Dallas market

Dec 16, 2024•about 1 year ago

Acquiring Company

SiteOne Landscape Supply

Acquired Company

OakStreet Wholesale Nursery

RoswellFairviewLandscapingHome And GardenRetailFashionE Commerce

Description

SiteOne Landscape Supply, Inc. (NYSE: SITE) has announced the acquisition of OakStreet Wholesale Nursery, positioning SiteOne as the nursery leader in the Dallas market. This acquisition brings together the shared values and excellent market growth history of OakStreet with the full product line national wholesale distribution of landscape supplies offered by SiteOne.

Company Information

Company

SiteOne Landscape Supply

Location

Roswell, Georgia, United States

About

SiteOne Landscape Supply (NYSE: SITE), is the largest and only full product line national wholesale distributor of landscape supplies in the United States and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed