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Rochester firm buys East Coast stone company Rochester s Outdoor Living Supply, a distribution firm focused on “hardscape” materials such as natural and man-made paver stones and other building materials, recently announced the purchase of New Jersey-based Geo. Schofield Co., Inc. Written By: Jeff Kiger | × In the first of what could be many such deals, a young Med City company recently acquired an East Coast stoneworks business with the support of a private equity sponsor. Outdoor Living Supply, a distribution firm focused on “hardscape” materials such as natural and man-made paver stones and other building materials, recently announced the purchase of New Jersey-based ....
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.” ....
Investcorp to acquire RoadSafe Traffic Systems MANAMA, 4 days ago Bahrain-based Investcorp, a global leader in alternative investment products, and Trilantic North America, a leading private equity firm, have agreed to acquire RoadSafe Traffic Systems from Orix Capital Partners. Terms of the transaction were not disclosed. Headquartered in Chicago in the US state of Illinois, RoadSafe is the nation’s largest provider of traffic control and pavement marking services to roadway construction, state transportation, railroad and utility customers in the US. RoadSafe also distributes high quality, innovative and durable traffic safety products and personal protective equipment for traffic work zones. The company operates from more than 50 locations with over 1,600 employees, enabling it to service all 48 continental states. ....
KKR Hires in Global Infrastructure Team KKR, a global investment firm, today announced three appointments to the firm’s global infrastructure team. Energy transition industry veterans Tim Short and Benoit Allehaut joined the firm as managing directors and Benjamin Droz as a principal. Based in New York, Short, Allehaut and Droz will focus on sourcing renewable energy and energy transition investments in North America. “KKR is committed to investing in the energy transition, an initiative only made possible by increasing renewable energy sources. We are eager to continue investing behind this effort and thrilled to add three experienced and talented executives to our team,” said ....