Acquisitions in Hawaii in 2022

Outdoor Living Supply (OLS), a Trilantic-backed distribution platform focused on hardscapes, has acquired Geobunga, an independent Honolulu-based distributor of garden elements, natural stone, pavers, bulk materials and landscape supplies. The founders Layla and Andrew Dedrick will remain in leadership roles as OLS expands its footprint into the Hawaiian market as an add-on to its platform.

Core & Main, Inc. has acquired substantially all of the assets of Distributors, Inc., a Honolulu-based full-service distributor of fire protection products and fabrication services. The acquisition expands Core & Main's fire protection footprint in Hawaii and brings Distributors, Inc.'s local expertise and fabrication capabilities into Core & Main's national distribution platform.

BrightView Holdings, Inc. (NYSE: BV) has acquired SGS Hawaii, a Wailuku-based commercial landscaping company with operations on Maui, the Big Island and Kauai. SGS Hawaii, founded in 1995 with more than 100 landscape professionals and a predominantly electric fleet, will expand BrightView's presence in Hawaii and strengthen its resort/hospitality landscaping capabilities.

SAS has acquired Honolulu-based Kamakura Corporation to integrate Kamakura’s ALM, credit models and risk-data offerings into SAS’ cloud-ready Viya platform. The deal brings Kamakura’s software, subscription data services and specialist risk team into SAS to strengthen its asset-liability management and balance-sheet risk solutions for banks, insurers and asset managers.

In February 2022 Trinity Investors partnered with RLG Capital to recapitalize Kamaka Air, a Honolulu-based inter-island air cargo and charter operator. Kamaka operates a fleet of Cessna 208Bs and Cessna 408 Sky Couriers, serves major parcel carriers including FedEx and UPS, and holds dominant market share on routes to/from Molokai and Lanai.

BrightView Holdings, Inc. has acquired Performance Landscapes, a Honolulu-based commercial landscaping company. Performance Landscapes — which has more than 100 employees and provides landscape maintenance, irrigation, installation, arbor care and pest control — will be integrated into BrightView's Hawaii operations with the founders and senior leadership remaining to guide the transition. The acquisition expands BrightView's maintenance capabilities in Hawaii alongside its existing Development Services business.