The UK's leading student accommodation platform, UniHomes, has agreed a significant sale and secured strategic investment from Macquarie Group, with guidance provided to all shareholders of Unihomes by international law firm Womble Bond Dickinson.
The latest round of investment will support Unihomes' continued expansion through both organic and acquisition-driven growth, enabling the business to enhance its technology and broaden its customer offering to existing and new partners.
Since its formation in 2015, UniHomes has established itself as the leading marketplace for bills inclusive accommodation, helping hundreds of thousands of students find their perfect ‘home from home’. This letting season will see UniHomes partner with over 1,000 letting agents and operators, covering over 60 locations across the UK, whilst continually investing in its people, platform, sales, marketing and customer benefits.
As part of the deal, leading private equity investor LDC has reinvested in UniHomes alongside Macquarie Capital and the management team, following its initial investment in July 2023 where it was advised by Womble Bond Dickinson.
A WBD team led by partner James Cook advised UniHomes' shareholders on the sale and supported LDC on its reinvestment in the business. The corporate team included legal director Catherine Willis, associate William Reynolds, and solicitor Scarlett Hanks, while partner Claire Kistner, managing associate Natalie Caple and associate Lewis Sanderson handled banking matters.
James Cook commented:
"We are delighted to have supported UniHomes at this pivotal stage in its growth. This investment from Macquarie Capital, alongside LDC's continued backing, will enable UniHomes to further strengthen its market-leading position, accelerate expansion into new sectors, and continue delivering outstanding value to students and partners across the UK."
