Mark Aedy has worked in Investment Banking for over 35 years. He is currently Head of EMEA and Asia at Moelis & Company, the global independent advisory business, where he sits on the Management Committee.
Prior to this, Mark headed Investment Banking, EMEA at Merrill Lynch and ran the Industrials business.
Since the mid-1980’s, he has completed many transactions in the housing sector and related industries. Recent deals include the acquisition by Bridgepoint of Miller Homes for £655m and the associated £425m high yield bond issue, the recapitalisation of McCarthy & Stone, the investment by GSO in Morris Homes; the €3.1bn acquisition by Lixil of Grohe; the IPO of Polypipe and Breedon’s acquisition of Hope Cement
Other transactions include, inter-alia, the sales of Westbury to Persimmon, Fairclough Homes to Miller Group, Banner Homes to Prowting, Admiral Homes to Bryant, Mowlem Homes to Beazer; the IPOs of Bovis Homes and Kier Group; and the Public to Privates of Wainhomes and Countryside Properties
Mark is a Senior Independent Director of the Royal Marsden NHS Foundation Trust
There may be uncertainty and potential headwinds, but Mark Aedy, head of EMEA and Asia investment banking at Moelis & Company, argues that there is plenty to feel confident about in the housebuilding sector