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Genesis Housing and Notting Hill Housing agree combination in principle

Longstanding Centrus client Genesis Housing has agreed in principle to combine with Notting Hill Housing, a move that would create one of the country’s largest housing associations.

We are delighted to have supported and advised both organisations on the treasury and broader corporate finance implications of coming together as well as supporting decision making around the preferred corporate structure for the combined entity.

Details of the press release from Genesis can be found in the following link:

http://www.genesisha.org.uk/genesis_housing_association/press_releases/press_releases/merger_agreed_in_principle.aspx

Centrus is currently engaged on four other significant potential mergers or combinations in the sector, having concluded successful M&A advisory mandates for Clarion, Optivo, PA Housing and Sovereign.