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Business Support Services | Private Equity

TCL Holdings Limited has been acquired by Business Growth Fund

May 2014 — 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.

Our role in the transaction

Oaklins Cavendish, based in the UK, advised the seller in this transaction.

Parties

Talk to the deal team

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Peter Gray

Partner
London, United Kingdom
Oaklins Cavendish

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