Guy Hands’ Terra Firma Capital Partners wants to combine Hopkins Homes with Tilia Homes, the former housebuilding arm of support services group Kier, Sky News understands.
Guy Hands, the private equity tycoon, is plotting the £300m takeover of East Anglia’s biggest private housebuilder as he tries to create an industry powerhouse.
Sky News has learnt that Mr Hands’ Terra Firma Capital Partners has lodged a bid for Hopkins Homes, which was established by James Hopkins in 1992.
City sources said that Mr Hands was likely to fund the bid from his personal fortune, and that – if successful – he planned to merge Hopkins Homes with Tilia Homes, the housebuilder he acquired from Kier Group earlier this year.
Read more/Source: News Sky
