Heritage Landscape Supply Group Inc., a new wholly owned subsidiary formed by SRS Distribution Inc., McKinney, Texas, announced that it has acquired CPS Distributors Inc. and Automatic Supply. Terms of the transactions were not disclosed.
Headquartered in Westminster, Colorado, and founded in 1890, CPS is a wholesale distributor of irrigation and landscape supplies in the Rocky Mountain region. CPS serves landscape and irrigation contractors, municipalities, pump and well contractors, and other professional contractors through its 13 branches across Colorado and Wyoming.
Headquartered in Fishers, Indiana, and founded in 1982, Automatic distributes landscaping, irrigation, outdoor lighting and related products throughout the state of Indiana. Automatic serves a diverse group of professional landscape, irrigation and outdoor lighting contractors through its four branches.
To ensure continuity and consistency for customers, employees and supplier partners, management of CPS and Automatic will remain in place. Lowell Kaufhold, president of CPS, and Steve Christie, president of Automatic, will remain actively involved, be co-investors and join forces to help guide the company’s strategy.
Heritage plans to grow by forming a national network of independent distributors aligned to provide exceptional customer service while increasing its value as a trusted growth partner to top manufacturers in the industry. Heritage seeks to preserve the legacy of every acquired company by maintaining local brand identity and management, and the entire group will run as a family of independents rather than a national platform.
In connection, SRS further announced that Matt McDermott has been appointed president of Heritage.
“Both CPS and Automatic have outstanding reputations as trusted partners for both customers and suppliers. We are honored to have these two great businesses form the foundation of a new vertical for SRS,” says McDermott. “Looking ahead, we will continue to win with a people-first culture and provide unlimited resources to grow our local brands around the best teams of people in each market where we operate.”