The deal sees Andrew McDonough, previously managing director of the multi-family arm, take full ownership of the business through a management buy-out.
Remaining projects and staff across both single-family and multi-family teams will continue unchanged, with the same legal employing entity in place and no impact on terms.
The move draws a line under the group’s historic involvement in house building and confirms the full retirement of the United Living brand from the business.
It follows last year’s decision to stop taking on new housing work as the group pivoted towards higher-growth markets including decarbonisation, energy transition, digital infrastructure and property services.
United Infrastructure said the exit would allow it to concentrate resources on these expanding sectors while giving the homes business a platform to grow independently under new ownership.
McDonough is expected to set out future growth plans for the standalone homes business in the coming weeks.
