The Versa-Lok Family of Companies has been acquired by TCC Companies and Rock Hard Landscape Supply, strengthening their position in the Minnesota hardscaping market.
Information on the Target
The Versa-Lok Family of Companies, headquartered in Oakdale, Minnesota, was established in 1965 by founders Peter and Sharon Blomquist and has since been managed by their children, Terri Jungquist and Dana Carlson. This family-owned entity is renowned for its vertical integration in the landscaping sector, focusing primarily on hardscaping solutions. Its flagship product, the VERSA-LOK segmental retaining wall, has gained national recognition, allowing the company to cater to a diverse portfolio of clients across residential, commercial, and institutional markets.
Under the leadership of TCC Companies and Rock Hard Landscape Supply, the Versa-Lok Family will continue to thrive, with its manufacturing division, Willow Creek Concrete Products, and national licensing program remaining operational under TCC Materials. This strategic acquisition aims to bolster both companies' offerings in the hardscape product segment.
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Industry Overview in the Target's Specific Country
The landscaping industry in the United States has shown remarkable resilience and growth, driven by an increased consumer investment in outdoor living spaces and landscaping enhancements. The demand for hardscape products, such as retaining walls,
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TCC Companies and Rock Hard Landscape Supply
invested in
Versa-Lok Family of Companies
in 2024
in a Other deal