Private equity giant Apollo acquiring Edinburgh-headquartered Miller Homes
Edinburgh-headquartered housebuilder Miller Homes is being snapped up by funds managed by Apollo, taking on the firm from fellow private equity giant Bridgepoint Group.
Financial terms have not been disclosed regarding the deal, which is expected to complete in the first quarter of 2022.
Miller Homes, which recently said it was planning more than 500 new houses in “key” locations across east Scotland, was acquired by Bridgepoint for £655 million in 2017.