Morris Homes Announces Investment from Atlantic Park to Support Next Phase of Growth

03 Mar, 2021

Morris Homes Announces Investment from Atlantic Park to Support Next Phase of Growth
Photo by Ryoji Iwata on Unsplash

– Morris Homes announced a significant capital raising in partnership with Atlantic Park Strategic Capital Fund (“Atlantic Park”), who is contributing £140m of new capital to Morris to support its continued strong performance and future development.
– Santander are providing a £50m revolving credit facility.
– Mike Gaskell, Executive Chairman and majority shareholder of Morris Homes said, “I am delighted to welcome Atlantic Park as a long-term strategic partner in Morris Homes as the Company seeks to capitalise on the positive tailwinds in the UK housing industry going forward. This also represents an opportunity for me to thank all the employees at Morris Homes for their outstanding commitment over the years and in particular throughout the COVID period.”

Communities Europe Real Estate
Crunchbase icon

Content report

The following text will be sent to our editors: