Campbell Tickell facilitates Shepherds Bush Housing Association’s merger with The Guinness Partnership
In December this year, Shepherds Bush Housing Association (SBHA) officially became a subsidiary of The Guinness Partnership (TGP), with assistance from management and recruitment consultancy, Campbell Tickell.
This partnership will bring the total homes owned and managed by TGP to approximately 70,000. With a combined turnover of £500m, the group seeks to invest nearly £700m in existing homes over the next five years. Importantly, local services and the investment in the delivery of better homes for all SBHA’s residents will be able to continue. As Andrew Warner, managing director of SBHA, said in Inside Housing:
“Our partnership will mean SBHA has the stability and financial resilience to ensure residents continue to receive ongoing investment in their homes more quickly than would otherwise be possible, and the longer-term capacity to deliver environmental improvements to our homes.”(Quoted in Inside Housing – 4th Dec 2023)
Commenting on the facilitation of the merger, David Williams, Partner at Campbell Tickell, said:
“It’s been satisfying to support the merger between SBHA and TGP. Initially we were appointed by SBHA to find a partner who aligned with their values and able to provide support through a challenging period. We were then appointed by both SBHA and TGP to provide project management support and to be a Critical Friend to both. This is a good example of how mergers can be used to to enable Registered Providers to deliver better homes and services to their residents through partnership and investment. We look forward to working with SBHA, The Guinness Partnership, and others, in the future to enable growth, development and community investment.”
Merger and partnership support from Campbell Tickell
Campbell Tickell is at the forefront of mergers between Registered Providers and has supported the formation of around 100 new organisations over the last 10 years.