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SiteOne Landscape Supply, Inc. acquires Hardscape.com (AC Florida Pavers, LLC) to expand hardscapes offering

Jun 04, 2024over 1 year ago

Acquiring Company

SiteOne Landscape Supply

Acquired Company

Hardscape.com (AC Florida Pavers LLC)

RoswellBoca RatonLandscapingHome And GardenFashionManufacturing

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.

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