ENGIE £330 million acquisition of Keepmoat's regeneration arm

2/3/2017
Private acquisition

£ 330 million

$ 405.424 million

Announced

2/3/2017


Overview:

  • ENGIE has acquired the regeneration arm of Keepmoat for £330 million from TDR Capital and Sun Capital.
  • The business has around 2500 staff and has relationships with 170 local councils.
  • The business deals in the repair and refurbishment of real estate, including the creation of zero carbon homes.
  • ENGIE is a French energy company.
  • TDR Capital and Sun Capital acquired Keepmoat for £400 million in 2014.

Sam Duke - Editor

Jurisdictions:

France
United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

England and Wales

Industry sectors:

Real estate
Social infrastructure


Firms:

Party: TDR Capital (Seller)

Party: Sun Capital (Seller)


Party: ENGIE (Acquirer)