MCC helps VIVID buy Bargate Homes
In addition to offering project management, land & planning and development consultancy the MCC team use their expertise to assist clients with mergers and acquisitions.
As such, we were instrumental in VIVID’s fantastic new partnership with Bargate Homes.
Mark Perry, Chief Executive of VIVID, said:
“We’d like to thank MCC for the role they played in helping us towards the acquisition of Bargate Homes. There continues to be a critical shortage of homes for people wanting to live in the region, which we’re doing all we can to help address. Bargate’s expertise in land management and construction complements the skills of our team, meaning that together we can achieve much more to meet our customers' needs and aspirations. They also have around 2,500 plots secured for new homes giving us access to the extra land we need to maintain the momentum of our house-building programme.”
On behalf of VIVID, we undertook considerable due diligence into Bargate Homes' sites currently under development, together with their more strategic sites within their significant land bank. MCC provided advice on market research, planning, programme and financial viability across sites within Hampshire, Surrey and West Sussex to help VIVID secure executive board approvals. MCC would like to take the opportunity to wish this new partnership all the very best of success for the future.
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