Announced
Completed
Financials
Tags
Majority
Single Bidder
United Kingdom
Construction Services
Friendly
housebuilding
Private
Completed
Acquisition
Private Equity
Synopsis
Legal & General Group, a British multinational financial services company, acquired a stake in CALA Group, a large British housebuilding company headquartered in Edinburgh, from Parton Capital for £540m. Legal & General believes that CALA Homes has attractive growth prospects under its continued ownership based on Legal & General Capital’s long term approach to investing and the attractive market for housebuilding in the UK.
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