Cabot Square acquires majority stake in housebuilder Chartway Group

Cabot Square Capital has acquired a majority shareholding in Chartway Group, one of Southeast England’s partnerships-based housebuilders.

The investment is being made by Cabot Square’s existing portfolio company Public Sector Plc (PSP) to create a new merged Group. PSP is a specialist strategic-asset manager that partners with public and private sector bodies to add value to land and property assets as well as deliver positive ESG outcomes for local communities.

The investment will support the strategic growth of the Chartway Group

Keith Maddin, partner at Cabot Square, said, “Chartway Group are a leading South-East England based partnerships housebuilder with turnover in excess of £100 million [€116 million/$122 million] and a track record of growing profitability year on year since they were established in 2009. We particularly like their capital-light and vertically integrated business model as well as the opportunity to help address the shortage of