Beechbrook Capital, the specialist lender to small and medium-sized businesses, has completed a senior debt investment in Caragh Nurseries – the second investment from its fourth UK-focused fund, UK SME Credit IV.
Founded in 1991, Caragh is a well-established, family-run plant nursery and a leading supplier of mature trees and shrubs across the UK and Ireland. This transaction marks the company’s first institutional capital and supports its strategic acquisition of Earlswood Garden & Landscape Centre, a Midlands-based plant nursery garden centre, and manufacturer and supplier of landscaping products.
The acquisition brings together two complementary businesses to create a group with broad geographical coverage across the UK and Ireland. By combining Caragh’s established plant nursery operations with Earlswood’s strong retail and B2B client base, the group will operate across the full value chain and be well positioned to increase its market share in both regions.
Jo McGarry, Caragh Shareholder and Head of Marketing, commented:
“Beechbrook’s support has been instrumental in unlocking this next chapter for Caragh. With their backing, we’re well placed to grow our UK and Irish presence under two brands with strong local reputations, elevate group performance and enhance margins across the group via a range of strategic and operational endeavours.”
Richard Smart, Head of UK Investments at Beechbrook Capital, added:
“Caragh is a high-quality business with an ambitious management team that have a clear growth strategy. We are delighted to support this acquisition and look forward to working alongside the team as they expand their footprint and realise the full potential of the combined group.”
The transaction was advised on by GS Verde, with DD supported by DSG and Confidas People, and legals documented by Pinsent Masons.
