Pacific Avenue Capital Acquires Oldcastle Lawn & Garden from CRH for Over $1.1B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Pacific Avenue Capital Partners announced that an affiliate of Pacific Avenue has entered into a definitive agreement to acquire Oldcastle Lawn & Garden from CRH in a transaction valued at over $1.1B. Upon closing, the business will operate under its new name, GardenCore, marking the beginning of its next chapter as a standalone company. The company said, "GardenCore is a leading U.S. manufacturer of lawn and garden consumables, offering a broad portfolio of mulch, soil, stone, and lime products. The Company has deep, long-standing partnerships with major home improvement retailers and garden centers, and delivers consistent, high-quality execution across large-scale private label and branded programs. The Company has over 1,400 employees and operates more than 55 manufacturing facilities across the United States. The acquisition of newly branded GardenCore is the latest example of Pacific Avenue's ability to effectively and seamlessly execute complex carve-outs of scale across a wide variety of industries. Under Pacific Avenue's ownership, GardenCore will focus its efforts on expanding its geographic footprint through greenfield development and acquisitions, while investing in its premium product lines to drive growth." The transaction is expected to close in early May 2026, subject to customary closing conditions.
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Analyst Views on CRH
Wall Street analysts forecast CRH stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 106.760
Low
133.56
Averages
146.03
High
164.70
Current: 106.760
Low
133.56
Averages
146.03
High
164.70
About CRH
CRH PLC is an Ireland-based company. The Company manufactures and distributes a diverse range of superior building materials and products, which are used in construction projects of all sizes. It operates in three segments across two divisions. Its divisions include Americas and International. Its Americas Division comprises two segments: Americas Materials Solutions and Americas Building Solutions. Americas Materials Solutions provides building materials for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cement, readymixed concrete and asphalt. Americas Building Solutions manufactures, supplies and delivers solutions for the built environment in communities across North America. Its International Division, which comprises one segment, International Solutions, is a provider of integrated building solutions primarily across Europe and Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
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See More
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See More
