TCL Holdings Limited has been acquired by Business Growth Fund
The shareholders of TCL Holdings Limited, Caledonia Investments plc, have announced a US$17 million investment received from Business Growth Fund (BGF) in return for a minority equity stake.
The TCL Group is a national operator providing landscape services, estate management services and play services to housebuilders, property managers and corporate clients.
BGF was established in 2011 to help Britain’s growing smaller and medium sized businesses. Backed by five of UK’s main banking groups – Barclays, HSBC, Lloyds, RBS and Standard Chartered – BGF is an independent company with up to US$4.2 billion capital with which to make long-term equity investments.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreBackspin has completed a mandatory public tender offer for the shares of Spindox
Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.
Learn moreValmiermuižas Alus has been acquired by Cēsu Alus
Valmiermuižas Alus has been acquired by Cēsu Alus AS through the purchase of 100% of its shares. The transaction enabled the founder’s exit and strengthened the company’s platform for continued growth within a consolidating Baltic beverage market.
Learn more