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New Deal


Announced

Completed

Legal & General Group acquired a stake in CALA Group from Parton Capital for £540m.

Financials

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Transaction Value£540m
Consideration TypeCash
Capital Owned48%
Capital Bid For52%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

United Kingdom

Construction Services

Friendly

housebuilding

Private

Completed

Acquisition

Private Equity

Synopsis

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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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