Fri, 09 Aug 2024 | BUSINESS SALE
National horticultural and green workplace service provider The Nurture Group has completed its 48th acquisition. The group has acquired Telford-based Spacecare Limited, which will operate under the Nurture Landscapes brand with effect from October 1 2024.
Founded in 1997 as Keann (UK) Limited, the business rebranded as Spacecare Limited in 2007. The company now employs more than 200 staff at seven locations across the UK, serving in excess of 700 client sites, providing services including grounds maintenance, winter maintenance and arboricultural services.
Spacecare Limited Managing Director Chris Hicks said that the “shared values and commitment to service excellence” of the two companies made the acquisition a “natural fit” and would ensure “that our clients continue to receive the premier standards of service they have come to expect.”
The deal is Nurture Group’s 48th since it was founded in 2008 and fourth in 2024 alone, with the group continuing to use strategic acquisitions to consolidate its national footprint and bolster its comprehensive service offering portfolio.
So far this year, the group has acquired Birmingham-based pest control specialist Midland Pest Control, Aberdeenshire-based green services provider Roy Cowie Limited and Hertfordshire-based environmental services provider Gristwood & Toms.
The Nurture Group has utilised both targeted acquisitions and organic growth to fuel its expansion, with the group now having turnover in excess of £200 million and a workforce of more than 2,800.
The Nurture Group Executive Chairman Peter Fane commented: "We are thrilled to welcome Spacecare to the Nurture Group. Spacecare is a well-reputed national provider whose services align perfectly with and complement our existing offerings.”
"This acquisition not only enhances our nationwide presence but also ensures that Spacecare's established clients, alongside the Nurture Group's existing clientele, will continue to benefit from exceptional service delivery."
The resurgent services sector could be key to a revival in UK dealmaking
Confidential sale of a well-established lettings & estate agent in Leeds. The business has been trading for many years and has built up a fantastic reputation with hundreds of positive google reviews.
The business has been operating for over 20 years and has built up a fantastic reputation in their area. Boasting a portfolio of 700 and adding properties under management.
The company has traded for 16 years, based in the Northwest and operating nationally providing temporary staff to large corporate clients.
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