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Untypical
Untypical (originally Kier Living, part of the Kier Group, and later Tilia Homes) is a British housebuilding company. History Following a failed rights issue during late 2018, financially troubled Kier Group began an extensive restructuring, debt reduction, cost-cutting and disposals programme in 2019; after the firm received significant interest in its housing division ''Kier Living'', it opted to start the sale process. Terra Firma Capital Partners was one of several parties that opted to place a bid. The sale of Kier Living was slowed by the COVID-19 pandemic but by early 2021 progress picked up. Kier publicly stated that it aimed to receive around £100 million for the business. On 6 April 2021, ''Sky News'' confirmed that Kier Living would be acquired by Terra Firma for £110 million, subject to agreement at a meeting of Kier shareholders in early May, with completion expected by mid-June 2021. Kier Living was bought by a new company owned by Hands, and was rebranded as Ti ...
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Terra Firma Capital Partners
Terra Firma Capital Partners Limited is a British private equity firm. Financier Guy Hands founded the firm in 2002 through the spin-off of Nomura Principal Finance Group. The firm, which traces its roots to the formation of its predecessor in 1994, has invested over €14 billion since inception. Terra Firma invests across a range of sectors and has focused on leveraged buyouts of large, asset-rich businesses, often with complex structural or regulatory issues. The firm often targets under-performing businesses in need of strategic, operational, or management change. Terra Firma is headquartered in London with offices in Guernsey and Beijing. It has a staff of over 90 employees. History 1994–2006: Founding and early history Terra Firma (solid Earth) traces its origins to 1994 when Guy Hands formed Nomura Principal Finance Group, which focused on European private equity investments. Hands joined Nomura after three other banks, including his previous employer Goldman S ...
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Home Construction
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 there. Beginning with simple pre-historic shelters, home construction techniques have evolved to produce the vast multitude of living accommodations available today. Different levels of wealth and power have warranted various sizes, luxuries, and even defenses in a "home". Environmental considerations and cultural influences have created an immensely diverse collection of architectural styles, creating a wide array of possible structures for homes. The cost of housing and access to it is often controlled by the modern realty trade, which frequently has a certain level of market force speculation. The level of economic activity in the home-construction section is reported as housing starts, though this is contrarily denominated in terms ...
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Solihull
Solihull ( ) is a market town and the administrative centre of the Metropolitan Borough of Solihull, in the West Midlands (county), West Midlands, England. Solihull is situated on the River Blythe in the Arden, Warwickshire, Forest of Arden area. The town had a population of 126,577 at the 2021 Census, and its wider borough had a population of 216,240. The town is located 7.5 miles (12 km) southeast of Birmingham and 14 miles (21 km) west of Coventry. Solihull itself is mostly urban; however, the larger borough is rural in character, with many outlying villages, and three quarters of the borough designated as green belt. The town and its borough, which has been part of Warwickshire for most of its history, has roots dating back to the 1st century BC, and was further formally established during the medieval era. Today the town is famed as, amongst other things, the birthplace of the Land Rover car marque, home of Solihull Moors FC and the training facilities for the Br ...
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Chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as '' president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chair of a parliamentary chamb ...
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Chief Operating Officer
A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the CEO, and report directly to them, acting on their behalf in their absence. In some situations, for example where a COO is appointed as the CEO's successor, the position may be appointed by the board of directors. Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and private regimes depending on the sty ...
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Kier Group
Kier Group plc is a British construction, services and property group active in building and civil engineering, support services, and the Private Finance Initiative. Founded in 1928 in Stoke-on-Trent it initially specialised in concrete engineering before expanding into general contracting and house-building. Kier was listed as a public company on the London Stock Exchange from 1963 until it was acquired by Beazer in 1986. After a period under the ownership of Hanson plc, it was bought out by its management in 1992, expanded its housing interests, and was relisted on the London Stock Exchange in 1996. During the early 21st century, it expanded through acquisitions, and, following the January 2018 collapse of rival Carillion, Kier was briefly ranked, by turnover, as the second biggest UK construction contractor, behind Balfour Beatty. It was then a constituent of the FTSE 250 Index. However, its share price plunged following a failed rights issue in late 2018, and by mid 2019 w ...
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Home Construction
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 there. Beginning with simple pre-historic shelters, home construction techniques have evolved to produce the vast multitude of living accommodations available today. Different levels of wealth and power have warranted various sizes, luxuries, and even defenses in a "home". Environmental considerations and cultural influences have created an immensely diverse collection of architectural styles, creating a wide array of possible structures for homes. The cost of housing and access to it is often controlled by the modern realty trade, which frequently has a certain level of market force speculation. The level of economic activity in the home-construction section is reported as housing starts, though this is contrarily denominated in terms ...
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Rights Issue
A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it can be a non-dilutive ''pro rata'' way to raise capital. Rights issues are typically sold via a prospectus or prospectus supplement. With the issued rights, existing security-holders have the privilege to buy a specified number of new securities from the issuer at a specified price within a subscription period. In a public company, a rights issue is a form of public offering (different from most other types of public offering, where shares are issued to the general public). Rights issues may be particularly useful for all publicly traded companies as opposed to other more dilutive financing options. As equity issues are generally preferable to debt issues from the company's viewpoint, companies usually opt for a rights issue in order to min ...
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COVID-19 Pandemic In The United Kingdom
The COVID-19 pandemic in the United Kingdom is a part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). In the United Kingdom, it has resulted in confirmed cases, and is associated with deaths up to 26 January 2025. The virus began circulating in the country in early 2020, arriving primarily from travel elsewhere in Europe. Various sectors responded, with more widespread public health measures incrementally introduced from March 2020. The first wave was at the time one of the world's largest outbreaks. By mid-April the peak had been passed and restrictions were gradually eased. A second wave, with a new variant that originated in the UK becoming dominant, began in the autumn and peaked in mid-January 2021, and was deadlier than the first. The UK started a COVID-19 vaccination programme in early December 2020. Generalised restrictions were gradually lifted and were mostly ended by Augus ...
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Tilia Homes Logo
''Tilia'' is a genus of about 30 species of trees or bushes, native throughout most of the temperate Northern Hemisphere. The tree is known as linden for the European species, and basswood for North American species. In Great Britain and Ireland they are commonly called lime trees, although they are not related to the citrus lime. The genus occurs in Europe and eastern North America, but the greatest species diversity is found in Asia. Under the Cronquist classification system, this genus was placed in the family Tiliaceae, but genetic research summarised by the Angiosperm Phylogeny Group has resulted in the incorporation of this genus, and of most of the previous family, into the Malvaceae. ''Tilia'' is the only known ectomycorrhizal genus in the family Malvaceae. Studies of ectomycorrhizal relations of ''Tilia'' species indicate a wide range of fungal symbionts and a preference toward Ascomycota fungal partners. Description ''Tilia'' species are mostly large, deciduous tr ...
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Sky News
Sky News is a British free-to-air television news channel, live stream news network and news organisation. Sky News is distributed via an English-language radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. In 2024, Sky News was named Royal Television Society News Channel of the Year, the 17th time it has held the award and the channel’s 7th consecutive win. The channel and its Livestreamed news, live streaming world news is available on its World Wide Web, Web site, television platforms, and online platforms such as YouTube and Apple TV, and various mobile devices and digital media players. A sister channel, Sky News Arabia, is operated as a joint venture with the Abu Dhabi Media Investment Corporation. A channel called Sky News International, simulcasting the UK channel directly but without British advertisements, is available in Europe, the Middle East, Africa, South Asia, Asia Pacific, Australia, and the Americas. Narrated seg ...
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Keepmoat
Keepmoat Homes Ltd is a home construction, housebuilding company in the United Kingdom that provides private homes for sale. Its headquarters are in Doncaster. History The company was founded in Rotherham by George Bramall and Dick Ogden as ''Bramall & Ogden'' in 1931. During 1983, Bramall & Ogden acquired the Doncaster-based firm Frank Haslam Milan; the combined business was promptly rebranded as Keepmoat. By the early 2000s, Keepmoat's annual turnover routinely surpassed £140 million. The company's margins were increasing at this time, and it was heavily pursuing opportunities for growth in the regeneration and social housing markets. In August 2003, it announced that pre-tax profits had doubled to £10.4 million. During the following year, it was awarded one of four roles on a massive regeneration scheme in the center of Liverpool; During July 2005, the firm announced record results for the fifth year in a row, having reportedly benefitted considerably from the British Go ...
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