SJ Berwin led for Guy Hands’ private equity house Terra Firma, while McGrigors advised sellers Bank of Scotland and West Coast Capital on the corporate transaction and debt restructuring.
The bank and other sellers may have lost more than the reported £100m on the deal.
Dundas & Wilson advised the sellers in their capacity as mortgage lenders.
Memery Crystal advised Garden Centre Group on property matters.
Ashurst acted for the Terra Firma’s lenders, which consisted of a banking consortium of Lloyds, Barclays Bank and the Co-operative Bank.
Terra Firma and CCMP Capital Advisors were the two bidders left towards the end of the long-running process, begun in July 2011.