Announced

A group of investors completed the acquisition of a majority stake in Richborough Estates.

Synopsis

A group of investors, including Terra Firma Capital Partners, Partners Group and Hands Family Office, completed the acquisition of a majority stake in Richborough Estates, a land development company. Financial terms were not disclosed. “This investment from Terra Firma’s Principal Capital Group, the Hands Family Office and Partners Group is a vote of confidence in the business and I look forward to working with them to drive forward our strategy and ensure that we continue to fulfil our purpose of accelerating the delivery of new homes. I want to thank all our colleagues for their hard work in helping us to reach this point, and hope they are excited as I am for the next chapter in the business’ expansion,” Paul Campbell, Richborough Estates Founder and CEO.

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