AUSTIN, Texas, August 24, 2021 (GLOBE NEWSWIRE) – Earth Property Holdings, LLC (d / b / a “Land held“), through a wholly owned subsidiary, is pleased to announce its acquisition of Austin Landscape Supplies (d / b / a of WRK Enterprises, Inc.) (“SLA“) with operations in Austin, Texas.
Founded in 1986 by Kenneth “Patrick” Whittlesey, ALS is a manufacturer of compost, soil products and mulch. It sells its environmentally friendly products and aggregates to landscapers and the general public through its 8-acre retail site. ALS is certified by the International Play Equipment Manufacturers Association (IPEMA) as a manufacturer of “children’s mulch” for playground and schoolyard surfaces.
With two sites strategically located in the community of North Austin in Georgetown, including its retail operation on I-35, ALS operations will significantly expand Earth Holdings’ product portfolio (particularly in certified mulch operations. IPEMA) and geographic reach in the greater Austin metropolitan area. The Company’s more than 30 years of operating history have made ALS a leading retail and commercial brand in the Austin market.
“The acquisition of Austin Landscape Supplies supports Earth Holdings’ strategy of expanding our specialized soil and organic waste businesses by diversifying our product offerings into mulch and aggregates, as well as adding a significant presence. retail in strategic markets. Our plans for ALS include integrating the company into our Organics by Gosh operations and pursuing a range of synergistic opportunities in the North Austin market, ”said Kevin Bolin, CEO of Earth Holdings.
Tom Paschall, President of Earth Holdings, added, “Following the completion of the relocation and expansion of Organics by Gosh to its new location in 2020, the acquisition of ALS is a natural next step for the company. Earth Holdings platform. The additional scale, 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 careful deployment of recently raised equity capital and I believe we will pursue further strategic acquisitions before the end of this year. “
Craig Crawford, Managing Director of Organics by Gosh and ALS, commented, “We are delighted to add the high quality employees and 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 premium products, IPEMA certified children’s mulch, and a proven track record in serving the northern soil and aggregate market. Austin.
Checkmate Capital Group served as strategic advisor to Earth Holdings in the transaction.
About Organics by Gosh
Organics By Gosh is one of the premier compost, soil and organic waste management operations in the greater Austin, Texas area. Through its organic recycling program, continued commitment to best composting practices, and a focus on giving back to the community, Organics by Gosh has built a reputation for quality soil products. and organic waste services. Serving the city of Austin’s green waste needs, Organics by Gosh demonstrates a commitment to the productive use of waste streams, thereby diverting waste from landfills. With a leading unpacking operation for food waste streams, Organics by Gosh has achieved an ideal mix of green and food waste for composting. Our expertise in soil management and our ability to continually expand our operations has allowed us to focus exceptionally on developing natural and sustainable products and solutions for soil health. Our solutions provide plants with organic nutrients, soil water holding capacity, and pest and disease defenses without the use of synthetic chemicals.
For more information, visit www.organicsbygosh.com.
About Earth Holdings
Earth Holdings is a leading organic waste and soil health management platform, which owns Organics by Gosh and Austin Landscape Supplies in Austin, Texas and Wittmer Agricycle in Jacksonville, Florida. Earth Holdings strives to be a global leader in the nutrition and revitalization of non-synthetic soils.
For more information, visit www.earth-holdco.com.
Kevin M. Bolin