Jamieson has advised the management team of Keepmoat which has been acquired by Sun Capital and TDR Capital LLP. As part of the transaction, Lloyds Banking Group, who became a shareholder of the group following a refinancing in October 2012, will be selling their shareholding in Keepmoat.
Keepmoat is a national market leader in sustainable community regeneration, housing, and planned and responsive repairs to the UK housing industry. With sales of nearly £1 billion Keepmoat employs more than 3,000 dedicated staff across 22 regional offices.
Jamieson Corporate Finance advised CEO David Sheridan and his management team on the terms of the new deal, as well as providing assistance with executing the transaction once terms had been agreed between all parties.
The Jamieson engagement team comprised Stuart Coventry and David Kirkpatrick.