Jamieson is pleased to announce that it has advised Peter Fane, Mark Fane and the management team of Nurture Landscapes (“Nurture”) in connection with the acquisition of a minority investment in the business by All Seas Capital. Graphite Capital has sold its shareholding as part of the transaction.
Founded in 2008 by Peter Fane, Nurture has grown organically and inorganically to become a leading national service provider with a headcount of almost 2,000 staff directly employed. Holding two Royal Warrants, Nurture provides grounds maintenance services, landscape construction services, winter gritting, pest control and interior & exterior plant displays, providing ‘one stop’ integrated services to a wide and diverse client base across the UK.
Nurture has a reputation for strong customer relationships, with clients spanning a broad range of disciplines, from the management of green open spaces of Jubilee Gardens and leafy workplace environments such as Chiswick Business Park to university campus estates like University College London, through to the more industrial environments of Royal Mail’s 1,600 nationwide depots requiring grounds maintenance and winter gritting
Jamieson’s role included (i) the provision of detailed modelling analysis to support Peter Fane and the Fane family in considering different deal structures and (ii) assisting Gareth Kirkwood (CEO) and the management team in the creation and implementation of the new management incentive plan.
Founder, Peter Fane, commented:
“We have built a successful business to date, but are excited for the next stage of growth. We’re delighted that All Seas Capital is backing our business to help us accelerate our growth. In taking this step, we were not just looking for capital investment, but also a partner that can add real value with their expertise to grow and strengthen the business. We have found that in All Seas and are looking forward to working with them. We would also like to thank Graphite Capital for their successful investment partnership with us over the last five years. Jamieson’s advice and guidance proved invaluable throughout the process and I can highly recommend them.”
Stephen Maxwell, Jack Yang and Alexander Wilson from Jamieson advised Peter Fane, Mark Fane and the management team on the transaction.