Cabot Square exits Unilodge

Private equity firm Cabot Square Capital has sold Unilodge Holding to the Unite Group for £108.8m.

Cabot Square Capital has sold Unilodge Holding, a student accommodation company, to the Unite Group for £108.8m including Unilodge’s assumed debt.

Cabot funded Unilodge’s launch in 1998.

In February, Cabot Square sold Platform Home Loans to Britannia Building Society for £600m.

Cabot Square was advised by UBS Warburg and Herbert Smith.