Browning West Issues Statement of Support for Merger of Countryside Partnerships plc and Vistry Group plc
Believes the Transformational Merger Will Unlock Significant Long-Term Value for Shareholders
“We strongly support the merger between Countryside and Vistry, which we believe will unlock significant long-term value for Countryside’s shareholders. We believe this transformational combination will not only establish an outstanding Partnerships business, with high return-on-capital, high growth prospects and strong executive leadership, but it will also position the business to more effectively address the UK’s acute affordable housing shortage. Following the merger, both the Partnerships and Housebuilding segments will have substantial scale and resources, which creates the option to separate each division in the future.”
Nabi continued:
“Greg Fitzgerald has one of the best track records of operating performance and value creation in the
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Browning West is an independent investment partnership based in
Browning West seeks to identify and invest in a limited number of high-quality businesses and to hold these investments for multiple years. Backed by a select group of leading foundations, family offices, and university endowments, Browning West's unique capital base allows it to focus on long-term value creation at its portfolio companies.
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Source: Browning West, LP