Sullivan Street Partners is proud to announce its exit from grounds maintenance company Tivoli Group Limited to the Nurture Group. Tivoli services both public and private sectors across the UK completing projects in grounds and winter maintenance, arboriculture, as well as interior plants and floristry. Under Sullivan Street’s stewardship, Tivoli has comprehensively upgraded its equipment base, introduced improved customer service systems and technology and built up its extensive client portfolio. In addition, its growth has been both organic and through M&A with the bolt-ons of Sodexo Horticultural Services and Greenfingers Group to extend its national reach and service capabilities. The operational improvements made have positioned the company as the fourth largest player in the grounds maintenance and landscaping industry. Layton Tamberlin, Co-Founder and Managing Partner comments: “In many ways this was a classic Sullivan Street deal, where we were not deterred by significant complexity on entry and were ready to roll up our sleeves to tackle the business’ operational challenges in the early years of our ownership. We know Nurture well and believe Tivoli is going to an excellent home, and will be a perfect fit to continue delivering a best-in-class service to its customers.” #privateequity #exit #complex #groundsmaintenance #landscaping
Daniel Gerrard
1mo
Congrats!
Managing Director at Arbuthnot Commercial Asset Based Lending Ltd
3wWe are proud to have been on this journey with you Sullivan Street Partners , it demonstrates the strength of great partnerships.