Freeths advises UniHomes and its founders on a minority investment by LDC
Leading private equity investor LDC has made a minority investment in market leading student accommodation advertising platform, UniHomes, as the business continues its expansion across the UK.
Based in Sheffield and operating in 41 locations nationwide, UniHomes helps students find their perfect university ‘home from home’, by connecting them with thousands of student properties offering all-inclusive living. Letting agents are able to integrate the UniHomes platform with their back-office systems and generate enquiries to fill their student accommodation portfolios.
Founded in 2015 by Phil Greaves, Bradley Cox and Luca Mori, UniHomes will use LDC’s investment to accelerate its regional growth ambitions and further develop the platform and service provision for both its student and letting agent customers.
The Freeths team was led by Head of Freeths’ Sheffield Corporate team Peter Crawford, who worked alongside Senior Associate Raj Singh. They were supported by Tax Partner Adrian Hackett, Banking Partner Ben Moylan, Employment Director Toby Pochron and Associate Billy Shaw.
Commenting on the deal, Peter Crawford, said: “We were delighted to be able to support Phil, Bradley and Luca on this transaction. Having seen the business grow over the last eight years, this investment represents an important milestone for UniHomes. They are a fantastic success story and from a regional perspective, highlight the ambition and expertise which exists in Sheffield. We are looking forward to seeing UniHomes continue to demonstrate its huge potential over the months and years to come.”
Phil Greaves, Co-Founder of UniHomes, added: “We’ve been working with Peter and the wider Freeths team for a number of years and they have always taken the time to really get to know our business. This was really important to us as Founders, and helped ensure the transaction ran smoothly. The support and guidance they offered throughout the process was excellent.”