Smith & Williamson advises on acquisition of Western Landscapes Limited funded by Elysian Capital LLP
23rd March 2010English Landscapes, a portfolio company of Elysian Capital LLP, has completed the acquisition of Western Landscapes Limited. Smith & Williamson, which advised on the sale of English Landscapes to Elysian, was retained to advise on this acquisition.
English Landscapes provides out sourced facilities management services such as grounds maintenance, with a primary focus on public sector clients. This acquisition increases the turnover of the enlarged group to around £50 million.
Western Landscapes Limited owns the trade of Wyevale Grounds Maintenance & Landscaping, a £6 million turnover business based near Bristol. It has an impressive forward order book, serviced from sites across the South of England, and a heritage horticultural brand.
Brian Livingston, Head of M&A at Smith & Williamson commented: “After advising on the sale of English Landscapes, we were delighted that Elysian appointed us to advise on the acquisition of both Banyards Limited in 2009 and Western Landscapes in 2010. Developing strong client relationships such as this is a key element of our growth strategy.”
Richard Ramsey, Director of Elysian Capital LLP, said: “Smith & Williamson impressed us during the sale of English Landscapes and we were pleased for them to advise us here for the acquisition of Western Landscapes. This is the second acquisition in two years where they have advised English Landscapes and we are very happy with the service we have received.”
For further information please contact:
Brian Livingston
Director, Head of Mergers & Acquisitions
T: 020 7131 4914
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