Galliford Try Partnerships has agreed on a deal to acquire Strategic Team Group, a well-established contracting and land-led developer in the North of England. The purchase supports Partnerships’ ambitious growth strategy, targeting growth in key regions around the country to increase the supply of new homes.

Strategic Team Group, based in Yorkshire and the North West, employs a total of 120 staff and currently has 23 live sites. In the year to September 2018, Strategic Team Group reported revenues of GBP 61.8m (US$ 77.86 million) and delivered over 500 new homes.

The management team and staff at Strategic Team Group will remain in place, working within Partnerships to accelerate both business’ growth plans. The company will begin to trade as Galliford Try Partnerships Yorkshire from 1 July 2019.

In 2016, Galliford Try Partnerships led the successful acquisition of Drew Smith Limited, based near Southampton, to create a Southern region to the business.