Sullivan Street Partners acquires ISS Landscaping

on Friday, 23 February 2018. Posted in News

ISS UK Limited has today announced that it has successfully exchanged contracts to sell ISS Facility Services Landscaping to Sullivan Street Partners, a Private Equity company, based in London. Completion is set for 30th April 2018.

 

ISS

 

The new company will trade under the name Tivoli and will continue to deliver excellence in Grounds Maintenance for public sector, defence and corporate clients across the UK. The Senior Management Team will remain in their existing positions with Phil Jones continuing as Managing Director.

The sale will see the transfer of 1,100 operational staff and support functions to Sullivan Street Partners.

Phil Jones MD of ISS Landscaping commented, “I would like to thank ISS for their support over the past several years building ISS landscaping into a strong grounds maintenance business it is today. Together with Sullivan Street, I look forward to the next phase of development where we will together make Tivoli the pre-eminent environment for talented staff to build a grounds maintenance focused career and for clients to continue to experience the very best service levels in the market.”

 

ISS South Shields

 

Layton Tamberlin, Director, Sullivan Street stated “We have been highly attracted to the grounds maintenance market for some time and the business within ISS provides a fantastic base from which to grow. We are looking forward to meeting the transferring staff and working with them to make Tivoli a market leading independent grounds maintenance business in the UK.”

The transaction remains subject to satisfaction of certain conditions precedent customary in a transaction of this nature, including anti-trust approval.

About ISS Facility Services Landscaping:

  • ISS Landscaping is the UK’s leading grounds maintenance service provider.
  • Our capability to provide service excellence over the full range of landscaping services on a national basis has made ISS Landscaping a trusted partner to both the private and public sectors for over 30 years.
  • ISS Landscaping’s core services are delivered by our experienced and skilled management and workforce teams, and include grounds maintenance, landscape construction, arboriculture, winter gritting and snow clearance, interior plants and floristry and Christmas trees.
  • ISS Facility Services Landscaping contracts cover the whole of the country, employing over 1500 core and seasonal staff who operate from over 40 depots and offices.
  • ISS Facility Services Landscaping is a plantts@work member

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