Keepmoat owners to 'float or sell for £750m'
The owners of Keepmoat Homes are evaluating the sale of the firm for £750m or floating the housebuilder on the stock market. Private equity firms TDR Capital and Sun Capital Partners, the shareholders of Keepmoat Homes, have hired investment banks Barclays and Moelis to explore options for the company, according to reports by Chief executive Tim Beale said no decisions had been taken: “Keepmoat has been trading well throughout the coronavirus pandemic and is well-positioned to deliver its future growth plans. As a private equity-owned business, Keepmoat Homes remains open to considering a...
Source: constructionnews.co.uk