Pacific Avenue Capital Partners acquires Oldcastle Lawn & Garden from CRH and launches new standalone company, GardenCore.
Article excerpt
Highlighted: the sentence this signal was extracted from
Pacific Avenue Capital Partners acquires Oldcastle Lawn & Garden from CRH and launches new standalone company, GardenCore. April 30, 2026 6:30 AM Gift Article LOS ANGELES, CA / ACCESS Newswire / April 30, 2026 / Pacific Avenue Capital Partners ("Pacific Avenue"), a leading global private equity firm focused on corporate carve-outs and other complex situations in the middle market, announced today that an affiliate of Pacific Avenue has entered into a definitive agreement to acquire Oldcastle Lawn & Garden, Inc. (the "Company") from CRH in a transaction valued at over $1.1 billion. Upon closing, the business will operate under its new name, GardenCore, marking the beginning of its next chapter as a standalone company. GardenCore is a leading U.S. manufacturer of lawn and garden consumables, offering a broad portfolio of mulch, soil, stone, and lime products. The Company has deep, long-standing partnerships with major home improvement retailers and garden centers, and delivers consistent, high-quality execution across large-scale private label and branded programs. The Company has over 1,400 employees and operates more than 55 manufacturing facilities across the United States. The acquisition of newly branded GardenCore is the latest example of Pacific Avenue's ability to effectively and seamlessly execute complex carve-outs of scale across a wide variety of industries...
Keep reading with a free account
The rest of this article, and every signal for CRH, is in your free account.