Magma Corporate Finance is pleased to have advised on the sale of East Midlands’ contract cleaning company, Lindsay Phillips Property Care (LPPC), to Birmingham-based Hygiene Group.
LPPC has an enviable reputation in the market, with both staff and customers alike, with large commercial contracts across Derbyshire and neighbouring East Midlands. Set up in 2012 by husband and wife team, Lindsay and Emma Phillips, the business has grown rapidly on the back of service excellence and reputation.
LPPC were advised on the sale by Mark Tuckwell, Shaf Bheda and Chris Matthews of Magma Corporate Finance, acting as lead advisors, with supporting tax advice provided by Magma’s Jon Kicks. Freya Summers at Wright Hassall Solicitors led the legal advisory team.
Emma Philips said: “We are excited about joining a prominent organisation, with a like-minded approach, like Hygiene Group and excited about the positive impact this will have for our staff and customers. The transition has been a really emotional one for us, as we have built the business with heart and soul for such a long time. Magma’s support has been absolutely spot on throughout.”
Chris Matthews, Corporate Finance Manager, added: “It’s been a pleasure supporting Lindsay, Emma and the team and we look forward to hearing of their continued success within the Hygiene Group family.”