Outdoor Living Supply Acquires Apache Stone: Expanding Its Presence in the Southwest

The outdoor living industry is booming, and Outdoor Living Supply (OLS) is at the forefront of this rapidly growing market. OLS, a distribution platform specializing in hardscapes, has made an exciting acquisition that will further solidify its position in the industry. OLS recently announced the acquisition of Apache Stone, a full-service distributor of masonry, hardscape, and landscape supplies, from Halquist Stone Company. This strategic move allows OLS to expand its footprint in the Southwest, with the addition of three new locations in Nevada and Arizona.

Apache Stone has a long-standing reputation for delivering top-notch products, exceptional service, and operational excellence over its 43 years in the industry. With this acquisition, OLS aims to build on Apache Stone's success while leveraging its own expertise and resources to drive further growth. The existing local management team will continue to lead the business, ensuring a smooth transition for employees, customers, and suppliers.

Brian Price, CEO of Outdoor Living Supply, expressed his enthusiasm for the acquisition, stating, "We are pleased to welcome the Apache Stone team to the OLS family of companies. Apache Stone is an ideal complement to our existing Bedrock Landscape Supply location in Las Vegas and gives us entry into the fast-growing Phoenix market. This partnership provides exciting potential to accelerate our growth platform in the Southwest, delivering tremendous value to our customers."

The partnership between OLS and Apache Stone is expected to generate new opportunities for both companies. Bill Halquist, owner of Halquist Stone Company, acknowledged the potential for growth and expansion that this collaboration brings. He stated, "Through its commitment to providing superior service and products, Apache Stone has grown into a leading regional distributor. The partnership with OLS will offer Apache Stone additional resources to generate growth and provide expanded opportunities for employees and customers."

The acquisition of Apache Stone by Outdoor Living Supply was facilitated by legal advisor Faegre Drinker Biddle & Reath LLP. This partnership represents a significant step forward for OLS as it seeks to establish itself as a dominant player in the outdoor living industry.

About Outdoor Living Supply

Outdoor Living Supply is a distribution platform specializing in outdoor living products, with a particular focus on hardscapes. The company aims to partner with family- and founder-led businesses that share its values and local heritage. Through deep industry relationships, OLS supports the organic growth of its partner companies while also pursuing strategic acquisitions. With a commitment to enhancing the customer experience through product offerings, resources, technology, and training, OLS creates new opportunities for its employees and contributes to the continued growth of the outdoor living market. Outdoor Living Supply launched in late 2020 with the support of Trilantic North America, a private equity firm that invests in key verticals such as 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., known as Trilantic North America, is a growth-focused private equity firm specializing in middle market investments in North America. The firm primarily invests in the business services and consumer sectors, aiming to support companies through control and significant minority investments. Trilantic North America has an impressive track record managing seven private equity fund families, with a total capital commitment of $10.2 billion. With a focus on driving growth and creating value, Trilantic North America plays a crucial role in supporting the expansion and success of its portfolio companies.

For more information, please visit www.trilanticnorthamerica.com.

Outdoor Living Supply's acquisition of Apache Stone marks a significant move in the outdoor living industry. As OLS continues to strengthen its position in the Southwest, customers and industry professionals can expect even greater offerings and service from this leading distributor. The partnership between OLS and Apache Stone is a testament to the positive growth and potential in the outdoor living market, and OLS is well-positioned to capitalize on these opportunities.