Outdoor Living Supply Welcomes Majestic Stone to Its Family
Outdoor Living Supply (“OLS”), a leading distribution platform for outdoor living products, has announced a major step forward in its growth strategy. The company has acquired Majestic Stone Landscape & Stucco Supply, a well-known distributor of both manufactured and natural stone and hardscape products. This strategic acquisition enhances OLS's market presence in the Southeast, with the addition of two new facilities in Georgia.
Growth and Continuity Under New Leadership
Founded in 2002 by Al Irwin, Majestic Stone has made a name for itself in the industry. Al Irwin will continue to be involved with the company, taking on the role of Ambassador, which will help maintain continuity and provide overall strategic guidance during this transition. His ongoing commitment ensures a smooth experience for customers, employees, and suppliers alike.
Commitment to Quality and Service
In light of this acquisition, Brian Price, CEO of Outdoor Living Supply, shared his excitement about the new partnership. He stated, "We are thrilled to welcome the Majestic Stone team to our OLS family of companies. Al and his team’s dedication to excellent service and top-quality products has gained them a stellar reputation. This alliance will create substantial growth opportunities for our regional stores and set the stage for further expansion in the Southeast."
Al Irwin echoed this optimism, saying, "I take great pride in what we’ve built over the last 22 years. Joining forces with OLS allows us to safeguard the Majestic Stone legacy while bringing significant benefits to our employees and customers."
About Outdoor Living Supply
Outdoor Living Supply is recognized as a comprehensive distribution platform for outdoor living products, focused on enriching customer experiences in outdoor living spaces. The company collaborates with family- and founder-led businesses that share common values and support local traditions. OLS leverages deep industry connections to foster growth among its partner companies, equipping them with essential products, resources, and training for their success. Established in late 2020 with backing from Trilantic North America, OLS is committed to growth across vital areas such as hardscapes, landscaping accessories, outdoor lighting, and bulk materials.
Trilantic North America’s Support
Trilantic Capital Management L.P. is a growth-focused private equity firm that targets control and significant minority investments in North America. Their strategy includes business services and consumer sectors, managing various private equity funds with total commitments reaching $11 billion. Their support provides a solid foundation for Outdoor Living Supply's ambitions, ensuring ongoing innovation in product offerings and market presence.
Frequently Asked Questions
What is the main focus of Outdoor Living Supply?
Outdoor Living Supply specializes in the distribution of outdoor living products, aiming to enhance customer experiences through quality offerings.
Who founded Majestic Stone and what is their role now?
Al Irwin founded Majestic Stone in 2002, and he remains with the company as an Ambassador, helping guide the transition following the acquisition.
What geographic area does the acquisition target?
This acquisition is primarily focused on strengthening Outdoor Living Supply’s position in the Southeast, especially in Georgia.
How does Outdoor Living Supply support its partner companies?
OLS aids its partners by supplying resources, technology, and training, which empowers them to grow organically and through strategic acquisitions.
What opportunity does this acquisition present to OLS?
The acquisition of Majestic Stone offers Outdoor Living Supply significant growth potential and broadens their market reach in accordance with their strategic objectives.
