by Stuart Williams
16 October 2023Press Releases
by Stuart Williams
Our Corporate Finance team are pleased to announce their role as corporate finance adviser to Urban Planters (“Urban Planters” or “the Group”) on the receipt of their investment from top FTSE30 company Rentokil Initial plc (“Rentokil Initial”).
Urban Planters design, source, install and maintain indoor and outdoor plants and other plant-related products. The Group holds a unique market position as a leading provider of interior and exterior landscaping services, helping organisations enhance their environmental credentials. This specialist offering allows Urban Planters to cater to a growing demand for green solutions in commercial and public spaces, making it a sought-after brand.
The acquisition by Rentokil Initial will allow the Managing Directors of Urban Planters to continue to develop the business, but with the added support of a top FTSE30 company to collaborate with, help grow the business and share their vision for taking the business to the next level.
Stuart Williams, Partner and Head of Corporate Finance at James Cowper Kreston commented, “We are delighted to have worked with Thomas, Duncan and the wider shareholder group at Urban Planters on their investment from Rentokil Initial. We look forward to seeing Urban Planters expand their national market position and maximise their potential.”
Thomas Palfreyman & Duncan Newman commented, “The team at James Cowper Kreston, led by Stuart and Jack, provided a wealth of knowledge and support throughout the process which was invaluable. They ensured we navigated our way through the deal as efficiently as possible and helped us get to a suitable completion. Stuart and Jack were always responsive and readily available for any support throughout this challenging deal, which involved the consolidation of eleven business entities.”