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London private equity firm launches bid for Sureserve

Construction Enquirer

London-based private equity group Cap10 has launched a £214m takeover bid for housing maintenance contractor Surveserve. The bid, which is being recommended by the housing maintenance firm’s board, is at a 39% premium to yesterday’s closing share price of 90p, which gave Sureserve a market capitalisation of £145m.

Equity 82
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Ilke Homes files administration notice

Construction Enquirer

The Enquirer understands that ilke is being offered to potential buyers for bids over £1 with a number of major house builders approached over a possible deal. Any bid for the business will need to be submitted before the end of this week when the future of the modular firm will be decided.

Equity 107
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Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

Debt 97
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Ilke Homes served up for offers over a £1

Construction Enquirer

Yorkshire-based modular house builder ilke Homes is being offered to potential buyers for bids of over £1. Any bid for the business will need to be submitted before the end of next week when the future of the modular firm will be decided. Those thought to have been approached include Barratt, Bellway and Taylor Wimpey.

Equity 103
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Ilke Homes falls into administration

Construction Enquirer

They are understood to have approached a trio of major volume house builders but could not tempt them to make an offer even after inviting nominal bids of over £1. US-based investor Fortress led the equity investment fundraise, with existing shareholders TDR Capital and Sun Capital also subscribed.

Equity 102
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Autodesk University 2023: Call for Construction Session Proposals 

Autodesk Construction Cloud

Autodesk University 2023, a top construction industry event, comes back to The Venetian in Las Vegas, Nevada on November 13-15. SUBMIT YOUR PROPOSAL Read on for more details about Autodesk University 2023 and our call for construction proposals to find out how you can become a speaker at this year’s event.

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Digital Builder Ep 38: Strategies for Reusing Construction Waste

Autodesk Construction Cloud

Construction waste is a major problem that has gone unchecked for years. In this special Autodesk University episode, hear Shannon Goodman , Executive Director of the Lifecycle Building Center , share her expertise on utilizing construction waste for more sustainable and reusable buildings. Until now.

Atlanta 98