M&A Deal Summary

TCL Group Acquires Playforce

On July 23, 2015, TCL Group acquired education company Playforce from Livingbridge

Acquisition Highlights
  • This is TCL Group’s 1st transaction in the Education sector.
  • This is TCL Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2015-07-23
Target Playforce
Sector Education
Buyer(s) TCL Group
Sellers(s) Livingbridge
Deal Type Add-on Acquisition

Target

Playforce

Melksham, United Kingdom
Based in Holt, Wiltshire, Playforce was founded in 1998 by Edward and Rachael Webb with a £5,000 Princes Trust Loan. Identifying the need for high quality playground equipment in schools, Playforce offers a wide range of creative play equipment from 'wobble walkways', timber trails, and climbing walls, to outdoor classrooms and shelters.

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Buyer(S) 1

Buyer

TCL Group

Little Eaton, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

TCL Group is one of the major landscape services, estate management and play space service providers in the UK. However, TCL Group is much more than this. TCL Group's strength is in designing, creating and maintaining outdoor spaces in which people want to live, relax, work and play.


DEAL STATS #
Overall 2 of 2
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Burleys

Surrey, United Kingdom

Burley's goal is to create spaces in which people want to live and work, and to maximize the value that outdoor spaces contribute to both commercial organizations and local communities. Burleys With a 400-strong team nationwide, a long-standing Royal Warrant and clients ranging from local authorities, commercial property managers to blue light services such as the NHS, Burleys are the perfect partner for outdoor space maintenance requirements.

Buy -

Seller(S) 1

SELLER

Livingbridge

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 3.8B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Livingbridge is a UK-based investment group focused on investing in and growing mid-sized companies. The Firm targets businesses seeking £15 to £300 million of capital. Prospective companies should have 'ambitious mangement', scalable business models, and potential for market leadership. Sectors of interest include technology, media, communications, consumer products/services, healthcare, and education. Livingbridge was formed in 1995 and is based in London.


DEAL STATS #
Overall 50 of 102
Sector: Education M&A 3 of 5
Type: Add-on Acquisition M&A Deals 29 of 44
Country: United Kingdom M&A 46 of 92
Year: 2015 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-26 Impetus Automotive

Warwick, United Kingdom

Impetus Automotive Ltd. is a specialist business consultancy, supplying Sales and Aftersales support services to the automotive industry. Impetus Automotive is based in Warwick, United Kingdom.

Sell £1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-05 Inoveight

County Durham, United Kingdom

Inoveight Ltd. is a performance sportswear brand primarily focused on technical off road running, functional fitness and minimalist road running products. Selling to customers in 58 countries across the globe the brands major markets include the US, UK and Europe.

Sell -