Crescent Capital Group, an alternative credit investment firm, provided a unitranche facility to Nurture Landscapes, a UK-based B2B provider of grounds maintenance, landscaping and winter gritting services.
Crescent European Specialty Lending provided this refinancing to help support organic growth and strategic M&A opportunities for Nurture Landscapes. Graphite Capital will retain a minority ownership interest in the company, having made its first investment in Nurture Landscapes in 2018.
“We look forward to working with Peter Fane, founder of Nurture Landscapes, and the management team to support its continued growth initiatives,” Christine Vanden Beukel, managing director and head of Crescent’s European specialty lending strategy, said. “Nurture Landscapes continues to maintain its market leadership position in the UK and has shown remarkable resilience during the COVID-19 pandemic through its strong brand loyalty.”
Nurture Landscapes has established a group of customers who are typically engaged on multi-year contracts, including the Royal Parks. Since inception, Nurture Landscapes has grown through 27 acquisitions, including the acquisition of the Gavin Jones brand in February 2018.
Nurture has appeared in The Sunday Times Virgin Atlantic Fast Track 100 league table, a ranking of Britain’s 100 private companies with the fastest-growing sales over the latest three years, four times since 2014. It has also been named one the fastest-growing and most dynamic small-medium sized enterprises on the London Stock Exchange’s list of 1000 Companies to Inspire Britain six times.
