Social housing contractor Bullock has been bought by Lloyds Development Capital for an estimated ￡100m, writes Tom Bill. It is understood that the Bank of Scotland, which funded a ￡42m management buyout in September 2005, sold the ￡140m-turnover company last weekend. Bullock employs 600 people and operates in the Midlands and north of England. The sale coincides with the retirement of John Gaffney, the managing director, who left Bullock on Wednesday owing to ill-health. This is the latest in a wave of mergers involving medium-sized firms and it is believed Bullock looked at a trade sale before opting for the private equity route. One source said the deal had been on the table for six months and was tied up last weekend ahead of changes to Capital Gains Tax (CGT) laws on 6 April.
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机译：汤姆·比尔（Tom Bill）写道，社会住房承包商布洛克（Bullock）被劳埃德发展资本（Lloyds Development Capital）估计以1亿英镑的价格收购。据了解，苏格兰银行于2005年9月出资4,200万英镑收购了管理层，该银行上周末出售了这家营业额为1.4亿英镑的公司。 Bullock拥有600名员工，在中部地区和英格兰北部运营。此次出售恰逢董事总经理约翰·加夫尼（John Gaffney）退休，他因身体欠佳而于周三离开布洛克。这是涉及中型公司的一波兼并浪潮中的最新一轮，据信，布洛克在选择私募股权路线之前就进行了交易出售。一位消息人士称，这笔交易已经进行了六个月，并且在4月6日修改资本利得税（CGT）法律之前，上周末被捆绑。
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