SiteOne Landscape Supply, Inc. acquires Hardscape.com (AC Florida Pavers, LLC) to expand hardscapes offering
Jun 04, 2024•over 1 year ago
Acquiring Company
SiteOne Landscape Supply
Acquired Company
Hardscape.com (AC Florida Pavers LLC)
Description
SiteOne Landscape Supply, Inc. (NYSE: SITE) has announced its acquisition of AC Florida Pavers, LLC (d/b/a Hardscape.com), a wholesale distributor of hardscapes products serving the U.S. and Canada from four locations in Boca Raton, Ft. Myers, Tampa, and Jupiter, Florida. This acquisition expands SiteOne's ability to provide hardscapes products to its Florida customers and enhances its premium hardscapes offering nationally.
M&A Insights
Based on deal dataIntegration 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