Daily News
From Home Furnishing Business
Outdoor Living Brands Acquired by Lynx Franchising
October 7,
2021 by Laurie Northington in Business Strategy, Industry
Lynx Franchising’s acquisition of the Outdoor Living Brands concept, which included its subsidiaries Archadeck, Outdoor Lighting Perspective, and Conserva Irrigation, closed on September 9. Smith Hulsey & Busey has represented Outdoor Living Brands in approximately eight transactions throughout its 13-year existence.
Led by managing partner Dick Lewis and associates Kayla Herrin and Samantha Roy, the Smith Hulsey & Busey team closed the transaction on an ambitious and expedited timeline.
“It took strong communication, determination and grit from all of our team members to successfully complete this transaction on such a tight timeline,” said Lewis. “This deal marks a new chapter for the future of Outdoor Living Brands, and we’re excited to be part of that.”
According to Chris Grandpre, chairman and CEO of Outdoor Living Brands, “A fantastic result was achieved in a faster than average time frame that positions Outdoor Living Brands for continued success in partnership with LYNX Franchising and MidOcean Partners.”
With Outdoor Living Brands and its subsidiaries under Lynx Franchising’s umbrella, this new acquisition will position the company as a leading franchisor in residential outdoor services.