Living Bridge invests in Sykes Cottages

Following the deal, Living Bridge will support the company's growth in the UK and Ireland.

Company
Sykes was established in 1991. The holiday property lettings agency has a portfolio of around 5,000 cottages based throughout the UK and Ireland. Properties range from small cottages to large contemporary properties.

People
Clive Sykes is the founder and chairman of Sykes, while Miles Hill is managing director. The deal was led by Daniel Smith, Mark Advani, Xavier Woodward and Maria Evgeniou at Living Bridge.

Advisers
Company – KPMG (Financial due diligence); Pinsent Masons (Legal); Goad & Butcher (Legal); Brabners (Legal).
Equity – Addleshaw Goddard (Legal); LEK (Commercial due diligence); KPMG (Financial due diligence); Duff and Phelps (Corporate finance); Travology (IT due diligence).

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• Topics
• UK / Ireland
• Buyouts
• Livingbridge
• United Kingdom