Banner Homes has been acquired by CALA Group
The Banner Homes management announced the rollover of their equity interests into the enlarged CALA Group, UK’s major upmarket home builder. Financial terms of this transaction have not been disclosed.
Founded in 1975 in Beaconsfield, Banner Homes operates from 21 sites across three regional operational centers in the northern Home Counties, the southern Home Counties and the Midlands.
CALA Group focuses on upmarket, family homes within affluent locations in the south of England, the Midlands and Scotland.
Oaklins Smith & Williamson, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
Transcon Developers Private Limited has raised structured debt finance
The transaction is a landmark resolution in the distressed real estate sector, involving a structured solution of US$64.6 million (INR5.5 billion) for a leading real estate developer in the Mumbai Metropolitan Region (MMR). The transaction was backed by a global special situations investor. The project had a total debt carrying value of approximately US$76.3 million (INR650 crore), of which US$29.4 million (INR250 crore) was deemed unsustainable.
Learn moreBuydepa has completed an IPO through ScaleX
Buydepa S.p.A. has successfully raised US$3.1 million (CLP3 billion) through its stock market debut on ScaleX (Santiago Venture Exchange). The company placed 12% of its shares through a capital increase, with subscriptions from a local institutional investor and a broad base of high-net-worth qualified investors.
Learn moreVastned Belgium has received a fairness opinion on its reverse cross-border merger with Vastned Retail
The committee of independent members of the Board of Directors of Vastned Belgium, a listed Belgium-based company, has obtained a fairness opinion in the context of a cross-border reverse merger with Vastned Retail, a listed Netherlands-based company.
Learn more