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European Valuations Advice Assists Acquistion and Financing of Grounds Maintenance Company.

European Valuations Advice Assists Acquistion and Financing of Grounds Maintenance Company.

grounds maintenance

Background

European Valuations was engaged by Sullivan Street Partners to provide asset valuation advice to assist in the acquisition of ISS Facility Services and for on-going working capital financing post acquisition.

Our work included reviewing the accounts receivable owned by the company and provivinding a plant & equipment valuation of the ground care and maintenance equipment which was held in multiple sites. 

The new company was named Tivoli Group Limited. A £12 million asset-based financing facility was structured and provided by Arbuthnot Commercial Asset Based Lending with FRP Debt Advisory providing support and advice to Sullivan Street in obtaining the financing facility. 

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