Kirkland Advises TDR Capital and Sun Capital on Sale of Keepmoat’s Regeneration Business

Kirkland & Ellis International LLP is advising TDR Capital, Sun Capital and their portfolio company Keepmoat Limited on the sale of Keepmoat’s regeneration arm to energy and services provider ENGIE. Keepmoat is a leading homebuilder and regeneration business in the UK and the number one partnership housebuilder to the public sector. Read more about the transaction here.

The consideration for the transaction, which was announced on March 2, 2017, is approximately GBP330 million.

The Kirkland team was led by corporate partner David Holdsworth. Tax partner Timothy Lowe led the tax structuring of the transaction. David and Timothy were assisted by corporate associates Tom Bartram and Anne Stroude, tax associate Cian O’Connor and competition partner Paula Riedel and of counsel Mike Robert-Smith.