CPS Distributors Company Profile

Background

Founded in 1890, CPS Distributors, Inc. has established itself as a leading wholesale distributor of professional pump, irrigation, and landscape supplies in the Rocky Mountain region. With a mission to provide customers with high-quality products and exceptional service, CPS has become a trusted partner for contractors, municipalities, and other industry professionals. The company's extensive history reflects its commitment to innovation and customer satisfaction.

Key Strategic Focus

CPS Distributors specializes in offering a comprehensive range of products, including irrigation systems, landscape materials, pumps, and related accessories. The company targets professional contractors in the irrigation and landscaping sectors, as well as golf course superintendents and sports field managers. By maintaining a robust inventory and leveraging a knowledgeable staff, CPS aims to support its customers' success through quality products and expert guidance.

Financials and Funding

In October 2012, Gen Cap America, Inc., a private equity firm, acquired CPS Distributors. Under this ownership, CPS continued to expand its market presence. In November 2018, Gen Cap America sold CPS to an undisclosed buyer. Subsequently, in February 2019, SRS Distribution formed Heritage Landscape Supply Group and acquired CPS Distributors, integrating it into their portfolio to strengthen their position in the landscape and irrigation supply industry.

Pipeline Development

CPS Distributors has consistently expanded its operations to better serve its customer base. In February 2020, the company opened a new branch in Grand Junction, Colorado, featuring over 13,000 square feet of showroom and warehouse space. This expansion aimed to provide local contractors with easier access to a full line of irrigation and landscape supplies, demonstrating CPS's commitment to growth and customer service.

Technological Platform and Innovation

While specific proprietary technologies are not detailed, CPS Distributors emphasizes the importance of staying at the forefront of emerging technologies in the irrigation and landscape supply industry. The company offers various training programs and resources to educate customers on new products and installation techniques, ensuring they are equipped with the latest industry knowledge.

Leadership Team

The leadership team at CPS Distributors includes:

Lowell Kaufhold, President & Chief Executive Officer

Jack Bentley, President

Alan Bergold, Chief Financial Officer

These executives bring extensive experience in the distribution and supply industry, guiding CPS's strategic initiatives and operational excellence.

Leadership Changes

In February 2019, following the acquisition by SRS Distribution, Matt McDermott was appointed President of Heritage Landscape Supply Group, the parent company of CPS Distributors. This leadership change aimed to integrate CPS into the broader Heritage platform while maintaining its local brand identity and management structure.

Competitor Profile

Market Insights and Dynamics

The landscape and irrigation supply industry is characterized by steady growth, driven by increasing demand for residential and commercial landscaping services. The market is competitive, with several key players vying for market share through product diversification, strategic acquisitions, and enhanced customer service.

Competitor Analysis

Key competitors in the industry include:

SiteOne Landscape Supply: A major distributor offering a wide range of landscaping and irrigation products.

Wesco Turf: Specializes in turf equipment and irrigation solutions.

Jerry Pate: Provides irrigation and landscape products with a focus on customer service.

These competitors focus on similar product lines and target markets, emphasizing the importance of service quality and product availability in maintaining a competitive edge.

Strategic Collaborations and Partnerships

CPS Distributors' acquisition by SRS Distribution and integration into Heritage Landscape Supply Group has enabled strategic collaborations within the parent company's network. This partnership has enhanced CPS's market position, allowing for shared resources, expanded product offerings, and improved operational efficiencies.

Operational Insights

CPS Distributors differentiates itself through a combination of extensive industry experience, a comprehensive product inventory, and a commitment to customer education and support. The company's strategic location of branches across Colorado and Wyoming ensures timely product availability and personalized service, providing a competitive advantage in the regional market.

Strategic Opportunities and Future Directions

Looking ahead, CPS Distributors is poised to leverage its strong market presence and industry expertise to explore opportunities for further expansion, both geographically and in product diversification. By continuing to invest in customer training and emerging technologies, CPS aims to solidify its position as a leader in the landscape and irrigation supply industry.