Heritage Landscape Supply Group acquired SBI Materials, an independent distributor of natural stone, manufactured stone, pavers, bulk materials, and other related outdoor living products and accessories. Windsor, Calif.-based SBI operates two locations in Sonoma County, Calif., that service northern California.
“SBI is truly a special business that we have admired from a distance for some time,” Matt McDermott, president of Heritage, said in a news release. “The company’s experienced and passionate team is a perfect fit for our growing hardscapes platform. We could not be more excited to execute on their vision and growth strategy in concert with Rob [Matteri], Jeff [Knepper], and the rest of the SBI family.”
According to Heritage, Rob Matteri, Jeff Knepper, and the entire SBI team will stay with the company post-acquisition to help expand operations in the future. SBI will maintain its brand name to ensure continuity for its customers and supplier partners.
“We chose Heritage because of their reputation for allowing the companies they acquire to remain entrepreneurial,” Rob Matteri and Jeff Knepper, owners of SBI Materials, said in a joint prepared statement. “We are exceptionally proud of the legacy we have built at SBI, and more importantly the partnerships and friendships we have developed over the years. Heritage plans to invest heavily in both our business and the surrounding area and we look forward to the great opportunities and benefits that Heritage will provide for our long-time employees and loyal customers.”
Heritage Landscape Supply Group is a wholly-owned subsidiary of roofing and building products distributor SRS Distribution. McKinney, Texas-based SRS formed the portfolio group in February 2019.
Since forming, Heritage has acquired Normac, MCS Landscape Supply, Florida Integration Supply, Stone Center of Indiana, Silver Creek Supply Group, Aquarius Supply, Irrigators Supply, Irrigation Station, REAMS Sprinkler Supply, Wolf Creek Company, Atlanta Landscape Materials, Watson Supply, Davis Supply, Beehive Brick & Stone, Scott Stone, Southern Stone Supply, Atlantic Mulch & Erosion Control, Wirtz & Daughters Landscape Supply, Irrigation Supply, and North Florida Irrigation Equipment. The company has also opened several greenfield locations under the CPS Distributors and Automatic Supply brand names, and launched the HLS Outdoor brand and platform in the midwest region of the United States. Heritage Landscape Supply Group operates more than 145 locations in 26 states.
