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Outdoor Living Supply completes acquisition of Majestic Stone Landscape & Stucco Supply to expand its market presence

Sep 16, 2024•over 1 year ago

Acquiring Company

Outdoor Living Supply

Acquired Company

Majestic Stone Landscape & Stucco Supply

RochesterMaconBuilding MaterialBuilding MaterialHome And GardenManufacturing

Description

Outdoor Living Supply announced the acquisition of Majestic Stone Landscape & Stucco Supply, a full-service distributor of stone, hardscape, and landscape products. This strategic acquisition expands OLS’ footprint in the Southeast, adding two strategic locations in the Georgia market and providing growth opportunities for its regional stores.

Company Information

Company

Outdoor Living Supply

Location

Rochester, Minnesota, United States

About

Outdoor Living Supply is a distribution platform for outdoor living products with a specific, differentiated focus on hardscapes. 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.

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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