Spark Dealer Group to Acquire LSM Outdoor Power

Outdoor Living Supply Acquires Landscapers Depot

November 1, 2021

Building Products

Outdoor Living Supply (OLS), a Trilantic-backed distribution platform for outdoor living and hardscape products, has acquired Landscapers Depot, a regional wholesale and retail supplier of landscape, hardscape and masonry materials serving southern New Hampshire and northern Massachusetts. The acquisition expands OLS's footprint into New England, strengthens sales and distribution capabilities for Landscapers Depot, and provides growth opportunities for the target's employees and customers; owners Tom and Kellie Greer partnered with OLS in the transaction.

XL Fleet Acquires Spruce Power from HPS Funds

September 12, 2022

Renewable Energy

XL Fleet Corp. completed the acquisition of Spruce Power from funds managed by HPS Investment Partners for approximately $58 million in cash and the assumption of roughly $542 million of debt. Spruce Power, headquartered in Houston, Texas, is a leading owner-operator of residential rooftop solar systems with more than 52,000 subscribers and ~110 employees; the deal is central to XL Fleet's strategy to become a provider of subscription-based rooftop solar, battery storage and EV charging solutions.

Platinum Equity Acquires GSM Outdoors from Gridiron Capital

July 23, 2024

Consumer Products

Platinum Equity signed a definitive agreement to acquire GSM Outdoors (Good Sportsman Marketing) from Gridiron Capital, with the transaction completed on October 1, 2024. Headquartered in Irving, Texas, GSM Outdoors operates a portfolio of more than 50 outdoor brands and will continue to be led by CEO Eddie Castro; financial terms were not disclosed.

Outdoor Living Supply Acquires Woodward Landscape Supply

February 2, 2022

Building Products

Outdoor Living Supply (OLS), a Trilantic North America–backed distribution platform for outdoor living and hardscape products, has acquired Woodward Landscape Supply, an independent hardscape and natural stone distributor based in Phoenixville, Pennsylvania. The transaction provides OLS with entry into the Pennsylvania market and expands its presence and scale in the Northeastern United States while preserving continuity for Woodward’s employees, customers and suppliers.

Outdoor Living Supply Acquires Bulks Landscape Supply, Edgefield Plant & Stone Center and Parker Hardscapes

January 19, 2022

Building Products

Outdoor Living Supply (OLS), a hardscapes-focused distribution platform backed by Trilantic North America, acquired Bulks Landscape Supply (Marietta, GA), Edgefield Plant & Stone Center (Greensboro, NC) and Parker Hardscapes (Reno, NV). The acquired businesses will continue to operate as independent distributors/retailers focused on natural and manufactured stone, pavers, bulk materials and related outdoor living products — expanding OLS's geographic footprint and distribution capabilities.

GSM Outdoors (Gridiron Capital) Acquires Bill Lewis Outdoors

May 5, 2022

Consumer Products

Gridiron Capital-backed Good Sportsman Marketing Outdoors (GSM Outdoors) has acquired Bill Lewis Outdoors, the family-owned maker of the iconic Rat-L-Trap hard bait. The deal is an add-on for GSM that expands its fishing product suite and strengthens its position in the outdoor and fishing categories.