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Announced

Completed

Audley Group and BlackRock formed a £500m joint venture.

Financials

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Transaction Value£500m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Joint Venture

United Kingdom

Friendly

Real Estate Holding and Development

Cross Border

Single Bidder

Private Equity

retirement living

Majority

Private

Completed

Synopsis

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Audley Group, a retirement villages specialist, and BlackRock, an American multinational investment management corporation, formed a £500m joint venture. The joint venture will fund the development of retirement communities including at least three mid-market villages within the Audley Group’s Mayfield portfolio.

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