We have advised Tivoli Group on its acquisition of Sodexo Horticultural Services. Completion is set for 31 January 2020.
Tivoli Group is an independent grounds maintenance specialist, with a national presence across the UK.
This transaction drew on the expertise offered by the firm’s private equity, banking & finance, employment, real estate, pensions, and tax teams.
Commenting on the deal, private equity partner James Goold said: "We have a long-standing relationship with Tivoli Group, having advised on the company's acquisition of ISS's landscaping division in 2018. This recent deal is a transformational step in Tivoli's journey, and will bring together its prevalence with public sector clients with Sodexo’s strong presence in the private sector."
Layton Tamberlin, director of Tivoli Group said: "This acquisition fits in with our strategy to grow and develop our extensive national coverage both organically as well as through acquisitions. Taylor Wessing is a valued partner for us, and provided outstanding support and advice in helping to deliver this deal."
The team was led by private equity partners James Goold and Jonny Bethell with support from associate Sarah Wallace. Banking & finance partner Martin Yells and associate Jessica Richards-Webb advised on the debt finance aspects. Additional advice was provided by employment partner Sean Nesbitt and senior associate Joe Aiston, real estate partner Emma Oakley, pensions partner Mark Smith and senior associate Hadassah Shulman, and tax senior counsel James Stewart.