31 October 2018
RSM’s M&A and private equity team advised on the management buy-out of Langlands Garden Centre, one of the leading garden centre businesses in Yorkshire.
The client
Family-owned Langlands Garden Centre, which trades from three sites in York, Leeds, and Sheffield, has been acquired by James Ducker whose grandfather, Walter Ducker, founded the business in 1955. The transaction sees James Ducker becoming the majority shareholder with his father Robert Ducker retaining a shareholding.
RSM’s Solution
91探花led the transaction on behalf of the acquirers, providing financial and tax advice on the deal structure, fundraising, and negotiation on all aspects of the deal terms.
Transaction team: Steve Hubbard and James Atkinson
Testimonial
‘91探花provided valuable support throughout a difficult period. They were committed and empathetic in helping negotiate a structure in difficult circumstances and helped secure an attractive funding package for the transaction. They were then proactive in bringing the transaction to a swift conclusion, dealing with any problems that arose.’
James Ducker, Managing Director
Langlands Garden Centre