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New Deal


Announced

Aermont Capital to acquire Keepmoat Homes from Sun Capital Partners and TDR Capital for £700m.

Financials

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Transaction Value£700m
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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United Kingdom

Pending

Construction Services

Acquisition

Domestic

Private

Private Equity

Single Bidder

Majority

homebuilder

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Synopsis

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Aermont Capital, an independent asset management business, agreed to acquire Keepmoat Homes, one of Britain's biggest housebuilders, from Sun Capital Partners and TDR Capital for £700m (c.$924m). Keepmoat has become a national powerhouse in the construction of affordable homes, and describes itself as the UK's seventh-biggest housebuilder.

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