Sources: Generational Equity, Dallas; CP staff Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, has announced the sale of client Power Rental & Sales, LLC to Pearlman Group of Suwanee, Ga. With one Alabama and two Tennessee locations, Nashville-based Power Rental & Sales is a premier source of decorative concrete supplies, stamping and tools, plus equipment.…
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Hardscape NA organizers open 90-day award entry call
Sources: Concrete Masonry & Hardscapes Association, Herndon, Va.; CP staff Entries for 2023 Hardscape North America Awards are being accepted through September 1 at the program portal, eligible projects completed from November 2019 to June 2023. Concrete Masonry & Hardscapes Association will honor walkway, driveway, patio, and pool deck installations, plus street or commercial plaza projects across Clay Brick, Concrete Paver,…
Read MoreMajor hardscape unit installer expands to Lone Star State
Sources: Systems Pavers, Santa Ana, Calif.; CP staff A key player in outdoor living design and hardscape unit installation, California-minted System Pavers, is set to open a Texas office by month’s end. “We are excited to bring our first-class service to the Houston market and enable homeowners to realize their vision of transforming spaces into beautiful, personalized outdoor living environments,”…
Read MoreOldcastle APG outdoor living program adds sand, soil packaging assets
Oldcastle APG has extended its outdoor living market footprint and production capabilities by acquiring the packaging operations of Sterling Sand LLC, West Columbia, S.C., and soil business of Soil Mender Products, Tulia, Texas. With one North Carolina and three South Carolina facilities, Sterling Sand is a leading regional processor and distributor of specialty sands for construction, recreation, industrial and other…
Read MoreLandscaping market report: Modest, sustained growth ahead
A new analysis from building and construction market researcher Freedonia forecasts demand for landscaping products in residential applications will grow 2.3 percent per year through 2025, to $7.2 billion. Major trends underpinning stronger sales have seen increased intensity as a result of the Covid-19 pandemic, including: Greater investment in outdoor living areas, which can offer a comfortable and safe alternative…
Read MorePebbleTec adds texture to Oldcastle APG outdoor living product pool
Source: Oldcastle APG, Atlanta Oldcastle APG has acquired Pebble Technology International, Scottsdale, Ariz.-based developer of branded outdoor living products and aggregate swimming pool finishes. The company has five locations and a reputation for product quality and high-touch customer service. It strengthens Oldcastle APG’s hand in the thriving pool category with a brand complementing Belgard, MoistureShield and Techniseal product series—a depth…
Read MoreReport finds hardscapes continuing to drive unit masonry volume
Sources: Freedonia Group, Cleveland; CP staff Rising interest in outdoor living will remain a key catalyst of residential concrete or clay brick, block, and paver sales through 2025, according to a new analysis by market researcher Freedonia Group. Hardscaping, by far the leading application for concrete units, is expected to account for 70 percent of total market gains and will…
Read MoreGeorge Schofield Co. anchors Outdoor Living hardscapes franchise
Sources: Outdoor Living Supply, Rochester, Minn.; CP staff Outdoor Living Supply has commenced a hardscapes distribution business plan with the acquisition of Bridgewater, N.J.-based Geo. Schofield Co. Inc., a leading natural stone source. The transaction is the first for an entity established late last year in partnership with New York private equity firm Trilantic North America. OLS principals aim to…
Read MoreOutdoor living trends sustain hardscape product category growth
Sources: Freedonia Group, Cleveland; CP staff
Demand for pavers, segmental retaining wall units, boulders and companion hardscape products is set to climb 5.6 percent annually through 2021, buoyed by growth in home building and popularity of outdoor living features. Over a five-year horizon in Freedonia’s new “Landscaping Products Market in the US, 5th Edition” study, pavers look to attain an annual growth rate just under 6 percent, reaching $1.4 billion in sales by 2021. Total hardscape category product shipments that year are projected at $3.5 billion.
Read MoreHardscape retailer Pioneer effects 30-store upgrade with eye to DIY market
Sources: Pioneer Landscape Centers, Highlands Ranch, Colo.; CP staff
Pioneer Sand began a transformation to Pioneer Landscape Centers with a post-Labor Day weekend grand re-opening of its six-acre store just outside Denver. “Our Littleton Landscape Center is the first step in what is an exciting next chapter for one of the nation’s preeminent landscape-supply companies where do-it-yourselfers and professionals will find direct-to-customer savings and the best product selection in the industry,” says CEO Sagi Cohen.
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