Headquartered in Colorado Springs, Colorado, Pioneer is the leading distributor of hardscaping materials in the southwestern United States. Pioneer offers an extensive range of products, including decorative stone, sand, gravel, mulch, pavers, retaining walls, and other "non-green" landscaping materials, to landscape contractors, commercial accounts and homeowners. Pioneer has 30 retail locations in Colorado and Arizona and sources products from a variety of suppliers, including 12 internally operated rock quarries and sand pits. The company also operates a civil construction excavation division as well as one of the largest railroad ties distribution networks in the country.
Market Opportunity: JLL was attracted to the hardscaping industry due to its robust growth prospects, driven by increasing water scarcity, positive demographic trends, arid conditions in the Sunbelt region and the ongoing housing recovery.
Numerous Opportunities to Add Value: JLL is partnering with a new management team with extensive experience in the water management and landscaping industries to introduce operational best practices and augment Pioneer’s market leading platform. Additionally, JLL has identified significant new products and services that will drive growth within Pioneer's existing footprint. Finally, the hardscaping market is hyper-fragmented and Pioneer is in a strong position to pursue acquisitions in existing and new geographies.