Keepmoat Homes Ltd is a

housebuilding Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building generally referred to as a 'home' when giving consideration to the people who might now or someday reside th ...

company in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

that provides private homes for sale. Its headquarters are in

Doncaster Doncaster (, ) is a city in South Yorkshire, England. Named after the River Don, it is the administrative centre of the larger City of Doncaster. It is the second largest settlement in South Yorkshire after Sheffield. Doncaster is situated in ...

History

The company was founded in

Rotherham Rotherham () is a large minster and market town in South Yorkshire, England. The town takes its name from the River Rother which then merges with the River Don. The River Don then flows through the town centre. It is the main settlement of ...

by George Bramall and Dick Ogden as Bramall & Ogden in 1931. It acquired Frank Haslam Milan (founded in

1928) in 1983 and changed the name of the combined business to Keepmoat. Keepmoat bought Milnerbuild, a

Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by populati ...

-based social housing repair and maintenance company, in 2010, and, in 2012, Keepmoat completed a merger with social housing provider Apollo. In 2014, Keepmoat was acquired by two London-based private equity firms, TDR Capital and Sun Capital Partners (UK). In February 2017, Keepmoat sold its regeneration business, employing 2,500 people, to Engie, ENGIE for £330m. In 2018, Keepmoat was hit by a £13.2m loss from its West Midlands sites, which prompted the company to close its offices in that area. The problems hit the company’s overall operating profits, which slid 35.4% to £18.2m in the 12 months to the end of March 2018. In 2019, the company sold 4,035 homes - 1.2 per cent more than the previous 12 months. In July 2021, Terra Firma Capital Partners was reported to be bidding £700m to buy Keepmoat with a view to combining it with its former Kier Living business. Terra Firma purchased Kier Living, the housing arm of the Kier Group, for £110m in April 2021, rebranding it as Tilia Homes in June 2021. In late 2021 Aermont Capital completed the purchase of Keepmoat Homes from Sun Capital Partners (UK) and TDR Capital for £700m.

Flagship developments

The company's flagship developments include: *Sighthill, Glasgow: The development, which is part of the Sighthill Transformational Regeneration Area, the largest project of its kind outside of London, will feature 824 new homes when it is completed. *Chase Farm, Gedling: Keepmoat Homes is involved in the creation of thousands of new homes in the Borough of Gedling. Chase Farm is the largest of the borough's planned new developments, with more than 1,000 homes to be built. The land, next to the 240-acre Gedling Country Park, was sold to Keepmoat in 2015. *Waterside, Leicester: Keepmoat Homes is helping to transform an underused stretch of the Grand Union Canal and creating a new neighbourhood, close to the city.

Sponsorship

Keepmoat was the main sponsor of the Keepmoat Stadium in Doncaster from 2006 to late 2021 .

References

External links

* {{Authority control Construction and civil engineering companies of the United Kingdom Housebuilding companies of the United Kingdom Companies based in Doncaster 2014 mergers and acquisitions 1931 establishments in England Construction and civil engineering companies established in 1931 British companies established in 1931