McCarthy Stone
[8] In June of that year, in response to sustained losses and the desire to increase its construction activity and minimise borrowing, the company launched a rights issue aimed at securing £13.3 million.[10][11] By early 1994, it had become clear that McCarthy Stone was heading towards recovery; several of its domestic competitors, in comparison, had gone out of business during the economic downturn.[21][22] Later that year, following the completion of a takeover bid of over £1 billion from a consortium including David and Simon Reuben and Sir Tom Hunter, the company was de-listed from the London Stock Exchange and became privately owned.[26] During February 2009, amid the economic effects of the Great Recession, McCarthy Stone was reportedly facing administration as its lenders publicly disagreed on how to address the firm's debt burden of £900m.[35][36] In late 2020, the directors accepted a takeover bid from American investment firm Lone Star Funds.[40][41] The company is the only British developer, of any size or type, to win the full five-star rating in the Home Builders Federation's customer satisfaction awards every year the survey has been run.[45] As of 2018, the company provides a choice of tenure including rental and affordable and private shared ownership, as well as an expanded care offering.
Trade nameReal estateBournemouthPaul LesterChairmanOperating incomeNet incomeParentLone Star Fundsretirement communitiesHampshirefloatedUnlisted Securities Marketdividendrights issueearly 1990s recessionDavid and Simon ReubenSir Tom HunterLondon Stock Exchangecredit crunchGreat RecessionadministrationLloyds BankCOVID-19 pandemicMacquarie GroupJohn Laing GroupHome Builders FederationHomes EnglandCompanies HouseThe TimesConstruction industry of the United KingdomConstructionEconomy of the United KingdomAKT IIArcadisAtkinsFaithful+GouldBierrumBuro HappoldCapitaCundallElliott WoodHoare LeaJacobsPell FrischmannPick EverardMott MacDonaldRambollRPS GroupStantecSystraTetra TechTurner & TownsendWood GroupBarratt RedrowBellwayBerkeleyCala HomesCrest NicholsonGleesonKeepmoatLendleaseMcCarthy & StoneMillerPersimmonCharles ChurchRetirement VillagesTaylor WimpeyGeorge WimpeyTaylor WoodrowTelfordUnited HouseUntypicalVistryCountrysideAshtonsBeazerBroseleyBryant HomesComben HomesIdeal HomesIlke HomesMcLean HomesStewart Milne GroupWestburyWilliam LeechWilson BowdenBalfour BeattyBAM ConstructBAM NuttallCementationCostainGalliford TryInterserveKellerLaing O'RourkeMcLaughlin & HarveyMorgan SindallJ. Murphy & SonsSir Robert McAlpineSpeller MetcalfeRobertsonTaylor Woodrow ConstructionTilbury DouglasVinci SAFM ConwayVolkerFitzpatrickWillmott DixonAlfred McAlpineBuckinghamCarillionCleveland Bridge & EngineeringClugstonConnaught plcDawnusDorman LongHiggs and HillHolland, Hannen & CubittsJarvisJohn Aird & Co.John Brogden and SonsLeonard Fairclough & SonLinfordMelville DundasMowlemPauling & Co.