Outdoor Living Supply, a distribution platform for outdoor living products with a focus on hardscapes, has acquired Geo. Schofield Co. Inc., a East Coast hardscapes distributor specializing in natural stone. This is the first acquisition made by Outdoor Living Supply, which was established in late 2020 in partnership with private equity firm Trilantic North America. OLS is led by Brian Price, Jesse Cravath and Brian Reilly, who serve as chief executive officer, chief operating officer and chief financial officer, respectively.
“OLS and Trilantic North America share a passion for partnering with family-owned companies to support their founders’ visions and strengthen their legacies for generations to come,” said Price. “We’re excited to build our platform into a national player and employer of choice in the outdoor living distribution market with their partnership.”
“We are excited to work with Outdoor Living Supply as we continue scaling our operations across the East Coast,” said Bill Newell, president and chief executive officer of Schofield. “It was incredibly important to us and OLS that we retain the full team in our pursuit of expanding our foothold in the hardscapes space, and we believe that joining the Outdoor Living Supply platform is the right next step for our company and our employees to accomplish this goal.”
“Our firm has a long history of backing visionary entrepreneurs to help bring standout ideas to fruition,” said Charles Fleischmann, partner at Trilantic North America. “We were immediately impressed by OLS’ concept of creating a nationwide distribution platform that’s squarely focused on hardscapes and believe the management’s tenures in the space, combined with their emphasis on integrating digital tools into this otherwise physical industry will be key enablers to OLS’ success.”