Smith and Williamson has advised Tropical Innovation Limited, an Urban Planters franchise company, on the acquisition of Nature at Work.
Nature at Work is a provider of plant rental services in the South East of England. It provides site surveys, design proposals, installation and maintenance services to commercial customers “enabling them to provide greener, healthier workplaces”.
Meanwhile, Urban Planters designs, sources, installs and maintains indoor and outdoor plants and other plant-related products for blue-chip customers nationwide.
Additionally, it offers full landscape and grounds maintenance services, enabling it to provide the “full horticultural solution”. Tropical Innovation Limited, operates as a franchise of Urban Planters in the South East of England.
To help with the deal, Smith and Williamson worked with the shareholders of Tropical Innovation Limited on the strategic acquisition of Nature at Work Limited.
Amanda Phillips, M&A director for the firm, led the transaction and was supported by her colleague Jankee Patel.
Phillips said: “Smith and Williamson is delighted to have assisted Tropical Innovation on its acquisition, as the franchise expands its UK footprint. Following the pandemic wellbeing in the workplace will become ever more prominent as employers strive to create inviting collaboration spaces for their teams to meet and work in.”
Rory Waterer, managing director of Tropical Innovation Limited, added: “The acquisition provides a significant opportunity for Urban Planters to strengthen its position in the South East with the acquisition of a business that shares a similar approach to client service and culture.”