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Goldman and Deutsche lay foundations for McCarthy IPO

Retirement housebuilder owned by a consortium of investors including Goldman Sachs and buyout firm TPG is eyeing a London listing later this year

Goldman and Deutsche lay foundations for McCarthy IPO

Goldman Sachs and Deutsche Bank have won advisory roles on the potential float of Britain's largest retirement housebuilder McCarthy & Stone, according to people familiar with the process.

The UK housebuilder, which is owned by a consortium of investors including Goldman and private equity firm TPG, is eyeing a London listing later this year, the people said. The firm's investors had previously appointed Rothschild to advise on exit options and it remains an adviser on the potential initial public offering.

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