The backer of one among Britain’s greatest residence enchancment specialists is plotting a sale that will shut the door on one of many longest possession durations within the personal fairness business’s historical past.
Sources stated an public sale of the enterprise was more likely to kick off within the subsequent 12 months.
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One supply estimated that the corporate may very well be value in extra of £100m, though a extra exact valuation was unclear on Thursday.
Alchemy, which specialises in buying distressed companies earlier than enhancing their efficiency and promoting them on, has owned Anglian in varied varieties since 2001.
The corporate has been reshaped a number of occasions since its unique funding.
Alchemy took Anglian personal in 2001 via a advisable money provide value about £160m.
On the time, Alchemy was run by Jon Moulton, one of many pioneers of Britain’s personal fairness business and who later went on to personal Anglian’s rival double-glazing, Everest, via his subsequent buyout enterprise, Higher Capital.
Since then, Anglian has swooped on various troubled rivals, together with Safestyle in 2023, earlier than buying Everest’s model and different property the next yr.
Alchemy declined to remark.
