This case study demonstrates the expertise of our Corporate, Commercial, Employment, and Commercial Property & Development teams who together advised Nurture Landscapes Limited (a landscape gardening business) on incorporation of a company, registering trade marks, and acquisitions.
Thomson Snell & Passmore has acted for brothers Peter and Mark Fane and various members of their family for many years, both in respect of their personal and business requirements.
In early 2008 Peter and Mark embarked upon a new landscape gardening business, having previously sold their interests in Waterers Landscapes Limited in 2004. The new business was christened Nurture Landscapes.
We advised on the incorporation of the new company, which included tailoring the articles of association for the company to refer to three different classes of shares and the rights and restrictions attached to them.
We also advised on the registration of the 'Nurture' trade mark, the setting up of an Enterprise Management Incentive share option scheme for the company's employees and the tendering for a major corporate grounds maintenance contract at Heathrow.
In late 2008 we advised in relation to the acquisition of a competing business, Andrew Chittenden and Company Limited. This acquisition presented Nurture Landscapes with the benefit of an established track record and expanded its customer portfolio.
In 2009 we advised the Fanes in respect of their investment in another landscaping company, Ground Control Holdings Limited, which also involved the main principals in that company investing in Nurture Landscapes. It is intended that these mutual investments align the commercial interests of both companies so that they can benefit from shared synergies.
In early 2010 we advised Nurture Landscapes on its acquisition of another landscaping company, Mulberry Grounds Maintenance Limited. This acquisition involved part of the purchase price being settled by the issue of shares in Nurture Landscapes to the principal seller, incentivising him to remain with the company and share in the benefits of the merger.
Nurture Landscapes has already identified and is pursuing further acquisition targets and we are poised to advise the company on the transactions as they materialise.
The Thomson Snell & Passmore team advising Nurture Landscapes comprises James Partridge, Nick Gabay, Henar Dyson and Fiona Dott in the Corporate & Commercial team, Nick Hobden in the Employment team and Felicity Warran-Smith in the Commercial Property & Development team.
Peter Fane has commented: "We have worked closely with Thomson Snell & Passmore for over 15 years and they have always proved responsive and reliable. It also helps they can cater for all aspects of the transaction (e.g. property, employment, tax, commercial etc) under one roof."
Commenting on the firm's relationship with the client, James Partridge says, "We enjoy working with the Fane brothers. They exude a keen entrepreneurial spirit, always looking for new and exciting opportunities to grow their business in innovative ways. Our long-standing business relationship with them means that we can offer specific and pragmatic advice which hopefully makes Thomson Snell & Passmore a valued member of their team."