Cala Homes
[14] Cala was negatively impacted by the wider economic consequences of the 2007–2008 financial crisis, compelling it to lay off staff and intervening to deal with mortgages for eligible customers amid a slowdown of the housing market.[15] During 2010, the firm undertook a judicial review of the British government's decision to abolish regional housebuilding targets;[16] while initially successful,[17][18] further efforts by Cala to prevent local councils from considering their abolition were ruled against.[20] During January 2012, Cala's leadership publicly stated that the long-term future of the firm's ownership was open to various options, including its takeover by a private equity company or a floatation on the London Stock Exchange;[21] that same year, the firm claimed to have highest average selling price of any of Britain's listed house builders.[26] In late 2013, the firm established a new office in Aberdeen to better capitalise on the lucrative opportunities offered by Scottish oil and gas market.[38] In September 2024, Cala was sold to investment firms Patron Capital and Sixth Street Partners in exchange for £1.35 billion.