Zeus Capital Ltd have acted as financial adviser to the shareholders of Luff Group Limited on its successful sale to an entity owned by UK Land Limited.
Established over 50 years ago, the Luff Group owns, develops and maintains a significant portfolio of property assets based around the Wokingham and Berkshire region. The Luff Group has become one of the largest property asset owners in the area, and the transaction significantly expands UK Land’s footprint in the region.
Rishi Majithia and Jee Lee of Zeus Capital’s corporate finance team, and Zeus Capital consultant Dane Houlahan, advised the shareholders of the Luff Group throughout the sale process, helping them secure a successful trade exit and assisting them in finding the right strategic acquirer that will support the business’s future growth.
Zeus Capital is a leading adviser to small and mid-cap private and public companies. Since 2013, Zeus Capital has acted on over 160 transactions valued in excess of £9.8 billion.
Gary Luff and Sharon Millett, the Exiting shareholders of Luff Group Limited commented:
It has been a pleasure working with the Zeus Capital team who provided us with invaluable advice throughout the transaction. We are delighted to have chosen Zeus Capital as our trusted adviser and we particularly valued the team’s experience and guidance through several critical points in the transaction.
The sale of the Luff Group marks a successful journey for our family with the business that our father founded over 50 years ago. We are happy to have sold the business to the UK Land team, who were highly collaborative throughout the process.
Congratulations to Gary and Sharon on their successful exit from the Luff Group. The Luff Group’s strong reputation in the market, which has been built over many years, was critical in helping the shareholders achieve a successful exit from the business.
It has been a pleasure working with all of the stakeholders on this transaction. We wish the shareholders every success in their future endeavours and we look forward to seeing the UK Land team take the business forward in the next stage of its growth.
Rishi Majithia
Corporate Finance Associate Director at Zeus Capital