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Outdoor Living Supply Acquires The Rock Place

Gracie Gottlieb | 5 February, 2024

Outdoor Living Supply Expands its Reach with the Acquisition of The Rock Place

In an exciting move that strengthens its position in the outdoor living market, Outdoor Living Supply (OLS) has acquired The Rock Place, a prominent distributor of hardscape, natural and manufactured stone, porcelain, and landscape products. With this strategic acquisition, OLS expands its footprint into Tennessee, gaining four additional locations in the greater Nashville market.

The Rock Place, founded in 2008 and currently owned by Lee and William Marbet, has established itself as a leading regional distributor over the past 15 years. Lee Marbet will continue to oversee operations and take on a regional leadership role at OLS, ensuring a smooth transition for customers, suppliers, and employees.

"We are thrilled to welcome The Rock Place to the OLS family of companies," said Brian Price, CEO of Outdoor Living Supply. "The Rock Place has an exceptional team and shares our commitment to customer service and growth. This partnership provides us with an exciting opportunity to expand in middle Tennessee."

Lee Marbet, owner of The Rock Place, expressed his enthusiasm for the partnership, stating, "Over the years, we have transformed The Rock Place from a single retail location into a leading regional distributor. Joining forces with OLS will give us the platform and resources needed to take our business to the next level, creating growth and expanded opportunities for our employees and customers. We're excited to embark on this new chapter."

The acquisition was facilitated by Faegre Drinker Biddle & Reath LLP, serving as legal advisor to OLS.

About Outdoor Living Supply

Outdoor Living Supply is a distribution platform that specializes in outdoor living products, with a specific focus on hardscapes. The company seeks to partner with family- and founder-led businesses that share its values and local heritage. By leveraging strong industry relationships, OLS supports the growth of its partner companies through both organic expansion and strategic acquisitions. The company provides products, resources, technology, and training to enhance the customer experience and create new opportunities for its employees. Outdoor Living Supply was launched in partnership with Trilantic North America in 2020, with a vision to grow across key verticals including hardscapes, outdoor living, landscape accessories, outdoor lighting, and bulk materials.

For more information, please visit www.outdoorlivingsupply.net.

About Trilantic North America

Trilantic Capital Management L.P., operating as Trilantic North America, is a growth-focused private equity firm that specializes in control and significant minority investments in the North American market. The firm primarily invests in the business services and consumer sectors. Since its inception, Trilantic North America has managed seven private equity fund families, raising a total of $10.9 billion in capital commitments. To learn more about Trilantic North America, please visit www.trilanticnorthamerica.com.

In conclusion, the acquisition of The Rock Place by Outdoor Living Supply marks an important milestone in the outdoor living industry. With OLS's expertise and resources, combined with The Rock Place's established presence in Tennessee, the partnership promises to bring enhanced customer service, growth, and expanded opportunities for both companies. As OLS continues to strengthen its position in the market, customers can expect an even wider range of high-quality outdoor living products and solutions.

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