Terra Firma Said to Mull Garden Centre Group Sale

Terra Firma Capital Partners Ltd., the private-equity firm run by Guy Hands, is considering a sale of Garden Centre Group two years after buying the business, people familiar with the matter said.

The U.K.-based buyout firm has held talks with potential advisers about a sale or initial public offering of the Garden Centre Group, which could value the company at as much 700 million pounds ($1.2 billion), said the people, who asked not to be identified as they weren’t authorized to speak publicly.