Cowgills advises UK Landscapes on their investment from Mercia
Cowgills Corporate Finance has advised UK Landscapes (UKL), a nationwide landscaping business on a substantial investment from Mercia’s private equity fund.
Advised by Sam Davies and Ben Barlow, the funding will allow UK Landscapes to step up its organic growth and pursue a ‘buy and build’ strategy in the sector. Georges Daubney from Cowgills Tax team also advised management and shareholders on the tax aspects of the deal.
As part of the deal, Martin Donnachie has been appointed as the company’s Chairman. Martin has more than 20 years’ experience in senior leadership roles in the housebuilding and utilities sector and will help with the ambitious plans of the business.
Commenting on the support provided by Cowgills Corporate Finance team, Leigh Preston, Managing Director at UK Landscapes added: “I really must thank the full team at Cowgills as this transaction was not easy! A number of unforeseen incidents meant that we required a fully committed partner and UK Landscapes were very well supported.”
He continued: “A fantastic effort and excellent advice from Cowgills has meant we have chosen a great investment partner in Mercia and we look forward to structured growth in UK Landscapes over the coming years. UK Landscapes intends to be active in the M&A market and would have no second thoughts of continuing to work with the Cowgills team in the future.”
Ben Barlow, Director in Cowgills Corporate Finance team said: “We are thrilled to have worked with Leigh and the UKL team on the investment from Mercia. The investment enables the UKL team to continue both their organic and acquisitive growth plans. The business is well positioned to build on its current momentum to achieve continued success.”
The information was correct at time of publishing but may now be out of date.