SiteOne nets 16 locations across five states and more than 250 employees.
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Fiscal Year 2025 Net income for SiteOne increased 23%, compared to the prior year.
The deal comes eight days after SiteOne acquired another landscape materials distributor, as it continues its expansion into new markets.
In its seventh acquisition of the year, SiteOne focuses on the Tampa-Sarasota market.
In its fifth acquisition of the year, SiteOne adds hardscapes products and landscape supplies distributor Autumn Ridge.
The company is anticipating a negative impact on sales from hurricanes Helene and Milton in its fourth quarter.
This is the 3rd acquisition in 2023 for SiteOne, as it expands the number of markets in which it offers the full range of landscape supplies.
SiteOne finished 2022 with a strong fourth quarter.
M&A deals involving building supply facilities fell from 178 in 2021 to 164 in 2022, with lumber companies accounting for the most activity last year.
The Roswell, Georgia-based landscape company also reported 2021 year-end net sales of $3.48 billion, a 29% jump over 2020.
SiteOne Landscape Supply Inc. reported 2021 3Q sales of $936.4 million, a 25% increase over the same period last year.
The company, known collectively as Green Brothers, serves the greater Atlanta market with four locations focused on the distribution of landscape supplies and hardscapes to landscape professionals.
SiteOne’s net income increased by 56% year-over-year to $123 million in 2Q while gross profit increased 36% to $388.2 million.
SiteOne Landscape Supply, the Georgia-based distributor of landscape supplies, has added California-based distributor Rock & Black Hardscape Supply to its portfolio.
Landscape supply distributor SiteOne Landscape Supply Inc. also posted a profit of $7.4 million, up from a loss last year.
SiteOne announced its second acquisition of the month and fourth of 2021 by adding Melrose Irrigation Supply and Sales to its portfolio.
Landscape distributor adds Twin Cities company Timberwall Landscape & Masonry Products to its portfolio.
Landscape distributor adds pair of Arizona businesses — Arizona Stone & Architectural Products Inc. and Solstice Stone Inc. — to its portfolio.
Landscape supply distributor SiteOne Landscape Supply Inc. also reported that revenue grew 26% in the fourth quarter.
Latest acquisition gives SiteOne its fourth dedicated nursery branch in the Houston MSA.
