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The Business Magazine July 2024
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Nurture Group acquires Gristwood & Toms

Nurture Group has boosted its arboriculture service offering following its acquisition of Hertfordshire-based Gristwood & Toms.

This move marks the Group’s expansion into the arboriculture market, complementing its comprehensive portfolio of services, which includes grounds maintenance, landscape construction, winter gritting, interior & exterior plant displays, pest control and green solutions.

Founded in 1974 and headquartered in Shenley, near St Albans, Gristwood & Toms is highly regarded throughout the arboriculture sector and is a longstanding member of The Arboricultural Association Approved Contractor Scheme. Known most particularly for its work in the public sector, the business has an annual turnover exceeding £20 million and employs a workforce of 153 across 13 depots.

Operating as a wholly owned subsidiary of Nurture Landscapes Holdings Ltd, Gristwood & Toms will retain its existing brand whilst leveraging Nurture’s national expertise and resources to increase share of the UK arboriculture market.

Appointed as the new Managing Director to lead Gristwood & Toms into its new era is Andrew Brightman, who brings extensive experience from prior roles as Group Head of Major Bids for the Nurture Group and previous directorial roles at CGM Group, Flora-Tec Limited, Continental Landscapes Limited and ISS Landscaping.

Nurture’s Executive Chairman, Peter Fane commented: “Gristwood & Toms is an excellent fit for our organisation. The acquisition provides Nurture with a profitable and scalable platform, building on our existing presence in the arboriculture market and integrate our existing arboriculture work into the Gristwood & Toms brand, creating a new £28 million turnover vertical for the Nurture Group.

“Both companies share a dedication to health and safety, environmental stewardship, and recruiting top talent. This acquisition allows us to enhance our service offering to clients, who now have access to industry-leading arboriculture services alongside our existing portfolio.”

Founders of Gristwood & Toms, Dave Gristwood and Andy Toms, added: “We are thrilled to join the Nurture Group and look forward to this exciting new chapter. Nurture’s growth and ambition resonate with our own, and we are eager to collaborate and expand our capabilities. Our clients will benefit from the combined expertise and commitment to quality that both companies bring.”

Gristwood & Toms is Nurture’s 47th acquisition. In 16 years, the Nurture Group has grown through a combination of organic growth and carefully targeted acquisitions and now turns over nearly £200 million. With a workforce of over 2,600 employees, Nurture has a national footprint throughout the UK.

Buyside Advisors Include

Sellside Advisors Include

    Share
    Gristwood & Toms
    has been acquired by
    Nurture Group
    June 2024
    UNDISCLOSED
    KMG Independent Limited
    has been acquired by
    Skerritts
    UNDISCLOSED
    who's behind the deal?
    Wildnet
    has received investment from
    UK Infrastructure Bank
    July 2024
    £35m
    who's behind the deal?
    Concept Environmental Solutions
    has been acquired by
    Celnor Group
    UNDISCLOSED
    who's behind the deal?

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