Heritage Landscape Supply Group, Inc. (“Heritage”) has acquired Florida Irrigation Supply, Inc. (FIS Outdoor), an independently owned distributor of irrigation, outdoor lighting, and landscape products. Terms of the agreement were not disclosed.
Founded in Orlando, Florida in 1974, FIS Outdoor operates a network of 39 branches across the Southeast, servicing professional irrigation and landscape contractors, municipalities, golf course superintendents, and other green industry professionals. FIS’ entire sales and operations team will be staying with the Company to run the business which will ensure continuity and consistency for its customer and supplier partners. Heritage will continue to operate these branches under the FIS Outdoor name.
Matt McDermott, President of Heritage, commented, “We are so excited to add this game-changing and strategic acquisition to our network. With the addition of FIS’ 39 locations to the growing Heritage family of companies, we gain a phenomenal group of talented industry veterans and a premier platform in the Southeast to complement our existing footprint. FIS provides the geographic diversity and scale to make Heritage the preferred platform for independent landscape supply distributors to join going forward. We are thrilled to partner with the Tannlers and look forward to welcoming the entire FIS team into the Heritage family.”
Jon Tannler, President of FIS Outdoor, added, “It is with great excitement that we embark on this new phase of growth for FIS Outdoor by preserving our legacy and heritage while simultaneously providing our amazing team with the resources they need to take the Company to new heights. We have accomplished our goal of finding a long-term partner that would cherish our people and present them with unlimited career opportunities, the chance to be shareholders, and a culture that celebrates having fun.”
About Heritage Landscape Supply Group
Heritage Landscape Supply Group’s vision is to grow by forming a network of the best independent distributors to provide exceptional customer service while increasing our value as a trusted growth partner to top manufacturers in the industry. Our mission is to help our family of companies achieve new heights and provide opportunities for all employees to grow, thrive, and advance with the company for decades to come. The Heritage family of companies currently includes 68 locations across nine states operating under the names: CPS Distributors, Automatic Supply, Normac, MCS, and FIS Outdoor. Heritage Landscape Supply Group is a wholly owned subsidiary of SRS Distribution Inc.
SRS Distribution is a portfolio company of Leonard Green & Partners and Berkshire Partners.
The Principium Group endeavors to track all merger & acquisition activity within the lawn and landscape services industries.
2019 M&A Activity in the Landscape Services Industry details all reported transactions in 2019.