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AUSTIN, Texas, August 24, 2021 (GLOBE NEWSWIRE) – Earth Property Holdings, LLC (d / b / a)Earth ownership“), Is pleased to announce the acquisition of Austin Landscape Supplies (d / b / a from WRK Enterprises, Inc.) through a wholly-owned subsidiary.AS“) With operations in Austin, Texas.
Founded in 1986 by Kenneth “Patrick” Whittlesey, ALS is a manufacturer of compost, soil products and mulching. It sells its environmentally friendly products and aggregates to landscapers and the general public through its 8 acre retail space. ALS is certified by the International Play Equipment Manufacturers Association (IPEMA) as a manufacturer of “children’s mulch” for play areas and school playgrounds.
With two strategically located locations in the Georgetown community of North Austin, including the retail operation on I-35, the ALS operations will add significant dimensions to Earth Holdings’ product portfolio (particularly in the IPEMA-certified mulchers) and geographic reach in the greater Austin area expand. The company’s more than 30-year history has established ALS as a well-known retail and private label brand in the Austin market.
“The acquisition of Austin Landscape Supplies supports Earth Holdings’ strategy to expand our specialty floors and organic waste business by diversifying our product offerings into mulch and aggregates and adding a significant retail presence in strategic markets. Our plans for ALS include integrating the company with our Organics by Gosh operations and pursuing a number of synergy opportunities in the North Austin market, ”said Kevin Bolin, CEO of Earth Holdings.
Tom Paschall, Chairman of Earth Holdings added, “After Organics by Gosh’s move and expansion into its new location is completed in 2020, the acquisition of ALS is a natural next step for the Earth Holdings platform. The added size, product diversification, and location advantages of Austin Landscape Supplies all fit perfectly with our overall investment strategy to expand our platform. This acquisition was also a prudent use of the recently raised equity and I assume that we will pursue further strategic acquisitions this year. “
The story goes on
Craig Crawford, General Manager of Organics by Gosh and ALS, commented, “We are thrilled to add the people and high quality operations of Austin Landscape Supplies to our team. Austin Landscape Supplies brings several valuable additions to our platform including two facilities, a full line of high-end products, the IPEMA certified children’s mulch, and a proven track record of servicing the North Austin soil and aggregates market. “
Checkmate Capital Group acted as strategic advisor to Earth Holdings on the transaction.
About Organics by Gosh
Organics By Gosh is a leading compost, soil and organic waste disposal company in the greater Austin, Texas area. Through its Organics Recycling Program, ongoing commitment to composting best practices, and an emphasis on return to the community, Organics by Gosh has built a reputation for quality soil products and organic waste services. Organics by Gosh meets the city of Austin’s green waste needs and demonstrates its commitment to the productive use of waste streams, thereby diverting waste from landfills. With a leading food waste unpacker, Organics by Gosh has achieved an ideal mix of green and food waste for composting. Our expertise in soil management and the ability to continuously expand our activities have enabled us to place an exceptional focus on developing natural, sustainable products and solutions for soil health. Our solutions provide organic nutrients for plants, water retention capacity for the soil and defense against pests and diseases without the use of synthetic chemicals.
More information is available at www.organicsbygosh.com.
About Earth Holdings
Earth Holdings is a leading soil health and organic waste management platform that includes Organics by Gosh and Austin Landscape Supplies of Austin, Texas, and Wittmer Agricycle of Jacksonville, Florida. Earth Holdings strives to be the world leader in non-synthetic soil nutrition and soil regeneration.
Further information is available at www.earth-holdco.com.
Contact
Kevin M. Bolin
kbolin@q2earth.com
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