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Springfield Properties finalizes Mactaggart & Mickel deal

PRIVATEAug 17, 2026about 2 hours ago

Acquiring Company

Springfield Properties plc

Acquired Company

Mactaggart & Mickel Group

DundeeGreater LondonLendingArtificial Intelligence

Description

Springfield Properties plc has completed the payment of final deferred consideration for its acquisition of Mactaggart & Mickel Group. The transaction involved the use of £6.5m from a recent land sale. This milestone marks the successful completion of a significant acquisition strategy and strengthens Springfield's financial position.

Company Information

Company

Springfield Properties plc

Location

Dundee, Scotland, United Kingdom

About

Springfield Properties is a leading housebuilder in Scotland. The company focuses on developing residential properties across the region. It aims to unlock value from its substantial land bank through profitable transactions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Mactaggart & Mickel Group?

Mactaggart & Mickel Group was acquired by Springfield Properties plc, based in Dundee. The deal was reported on August 17, 2026. Springfield Properties is a leading housebuilder in Scotland. The company focuses on developing residential properties across the region. Springfield Properties plc is privately held and operates in Lending.

When did Springfield Properties plc acquire Mactaggart & Mickel Group?

Springfield Properties plc's acquisition of Mactaggart & Mickel Group was reported on August 17, 2026. Springfield Properties plc has completed the payment of final deferred consideration for its acquisition of Mactaggart & Mickel Group. The transaction involved the use of £6.5m from a recent land sale. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mactaggart & Mickel Group do?

Mactaggart & Mickel Group is a prominent housebuilding business in Scotland. The company is known for its commitment to quality and sustainability in construction. It has a strong reputation in the residential sector. It is privately held, operating in Artificial Intelligence, and is based in Greater London.

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