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New Deal


Announced

Completed

Terra Firma completed the acquisition of Kier Living for £110m.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Construction Services

Domestic

Private

Majority

Single Bidder

United Kingdom

Private Equity

home construction

Acquisition

Friendly

Completed

Synopsis

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Terra Firma, a European private equity firm, completed the acquisition of Kier Living, a home construction company, for £110m. “Post-Covid, more and more people are thinking again about where they want to live, with a focus on having their own space, including more bedrooms and outdoor living areas. We believe the business, under a new, refreshed brand, has significant growth potential, and can play a critical role in delivering much-needed housing in communities across the UK,” Guy Hands, Terra Firma Chairman and Chief Investment Officer.

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