Completion of investment into Antler Homes - June 2018

Antler Homes was founded more than 40 years and gained a strong reputation in the South East for building high quality houses. Its founder and sole shareholder no longer lived in the UK and was looking for an exit from the business

As part of the transaction, Andrew Rinaldi joined as Managing Director. He spent eight years at Taylor Wimpey plc, running several different regional businesses, and before that, ten years in M&A at Bank of America Merrill Lynch. Dane Houlahan also joined as a non-executive Director, having previously been a corporate finance partner at KPMG, with a specialism in housebuilding

The new management team has repositioned the business, with a greater focus on its core regions (Berkshire, Surrey, Sussex and Hampshire) and improving margins through a more disciplined approach, while maintaining its strong brand and reputation

 

The transaction gave the vendor a clean exit, while the business and headcount have grown since our investment as Antler looks to scale up its activities  

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In February 2020, we helped Antler raise further funding to accelerate its growth and acquire more site in its land pipeline

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