Charles Russell Speechlys advises Elysian Capital
Charles Russell Speechlys has acted as the legal adviser to Elysian Capital and the senior management team on the sale of The Landscape Group, one of the largest and longest established green service specialists in the UK, to idverde, the largest landscape construction and maintenance business in France, backed by Chequers Capital.
The new alliance between idverde and The Landscape Group represents the largest specialist landscaping and grounds maintenance business in Europe, represented on both sides of the channel to serve local authorities and private customers alike. Together, the new international group will employ 4000 staff with a turnover of more than Euro 360 million.
Charles Russell Speechlys advised Elysian Capital on the deal as well as Nick Temple-Heald (CEO), Doug Graham (CFO) and the other management shareholders.
Richard Ramsey of Elysian Capital said: “Charles Russell Speechlys has a long standing relationship with both Elysian Capital and The Landscape Group. The firm has provided excellent service all round over a number of years and were pivotal to ensuring Elysian’s exit deal closed in an orderly fashion. ”
Commenting on the transaction, Malcolm MacDougall, Partner and head of Private Equity at Charles Russell Speechlys, said: "We are delighted to have advised Elysian Capital and Nick and his team on the sale. It is very satisfying to have been able to see this transaction through from Elysian’s original investment through to exit and to have been a part of the growth of the business. We look forward to continuing to support the business going forward. ”
The Charles Russell Speechlys team was led by head of Private Equity Malcolm MacDougall and Private Equity Associates Holly Sage and Lee Holland, and included Banking & Finance Partner Paul Kay and Banking & Finance Associate Edith Lai, as well members of the firm’s Corporate Tax and Employment, Pensions & Immigration teams.
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