Nurture Landscapes, an award-winning horticulture, landscape and grounds maintenance company based in Windlesham, Surrey, has secured a £7m funding package from HSBC UK to acquire two landscaping businesses.
Stockport-based Claphams Landscape Services and Rockside Estates in Bristol brings the number of Nuture Landscapes acquisitions to 24 and 25 respectively and they are expected to help the company achieve its target of £100 million turnover in 2020/2021. Nurture Landscapes, founded in 2008, now employs over 1,300 people as it expands its reach across the country in key growth areas.
Peter Fane, Founder and Managing Director of Nurture Landscapes, commented on the expansion: “I’m thrilled to welcome two more incredible teams into the Nurture Landscapes family. We’ve had a successful year of organic growth, and our latest acquisitions will support us further in maintaining our vision of providing first-class landscaping services to the corporate and private sector across the UK. HSBC UK has been instrumental in this journey, supporting us through our expansion strategy and encouraging our growth.”
Nick Hicks, HSBC UK Area Director for Corporate Banking in Sussex and Surrey, said: “Nurture Landscapes has a strong track record of delivering exceptional growth. As a long standing customer, we are delighted to support them once again as they continue to expand their national presence.”
In 2019, Nurture Landscapes was ranked on The Sunday Times Virgin Atlantic Fast Track 100 list of British companies with the fastest growing sales, the companies third appearance on the list.
HSBC UK allocated the funding package from its £14 billion lending fund to support SMEs in the UK, with £200 million committed to businesses across West Sussex and Surrey.
Image Caption: Peter Fane, Founder and Managing of Director of Nurture Landscapes