The Desk Summary
Pacific Avenue Capital Partners Acquires Oldcastle Lawn & Garden for Over $1.1 Billion, Launches GardenCore Platform
Brief
Pacific Avenue Capital Partners agreed on April 30 to acquire Oldcastle Lawn & Garden from CRH for over $1.1 billion, renaming the business GardenCore upon closing. The target is a U.S. manufacturer of mulch, soil, stone and lime products with more than 1,400 employees and 55 facilities, serving major home improvement retailers. Pacific Avenue plans to expand GardenCore's geographic footprint through greenfield development and add-on acquisitions, with the transaction expected to close in early May 2026.
Pacific Avenue Capital Partners has agreed to acquire Oldcastle Lawn & Garden from CRH for over $1.1 billion, launching it as a new standalone platform company, GardenCore.
GardenCore is a leading U.S.
manufacturer of lawn and garden consumables, including mulch, soil, stone, and lime, with over 1,400 employees and more than 55 manufacturing facilities nationwide, serving major home improvement retailers.