This business which was founded in 1972 and has grown to a have turnover of around £16m, is a market leader in the provision of Soft Landscaping, Hard Landscaping and Earthwork services.
Based in Chesterfield, Killingley employs 120 staff members and has a broad client base, working across a mix of local councils, public bodies, private enterprises, architects and some of the UK’s leading construction companies. It is a multiple BALI award winning business (British Association of Landscape Industries), having most recently secured Principal Award accolades in 2019.
Earthworks – The Earthworks division focus on early contractor involvement and partnering with clients. Services include bulk earthworks, remediation, road recycling, land reclamation and restoration & others
Hard Landscaping – The Hard Landscaping division provides services including resin drive installation, surface dressing, large scale paving, fencing & others
Soft Landscaping and Ground Maintenance – The Soft landscaping services incorporate expertise from leading nurseries and horticultural suppliers across Europe
NT Killingley has one of the strongest brand names in the industry and is recognised for the rapid installation of high-quality work.
Matthew Killingley the MD and majority shareholder in the business approached Anderson Shaw, after having previously considered another business that we had up for sale 3 years previously, to discuss the potential for a sale of the business. He and his wife had decided that it was time for a change and they wanted to concentrate on other business projects that they had started. Various options around the sale were considered but, in the end, a full sale of the entire company was decided upon.
We found a very well-matched buyer quite quickly and, Heads of Terms were signed some 3 months from our appointment. The legal stages were more complicated than most, but all Parties were committed to progress the deal, and, working closely with the legal advisors and funding broker during the DD process, we were very much engaged throughout, keeping the deal on track, with a final completion after a further 4 months of DD activity.
The owners, who have a continued involvement in the business, are delighted with the sale which allows them to commence on their plans to develop their other business interests and pursue other family plans that they have in place.