Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

BGF backs Yorkshire housebuilder with £10 million investment

by April 20, 2023
April 20, 2023
BGF backs Yorkshire housebuilder with £10 million investment

Family-owned housebuilder, Newett Homes, has announced a £10 million growth capital investment from BGF – one of the largest and most experienced growth capital investors in the UK and Ireland.

The Yorkshire-based company was founded in 2016 by Will Newett. Since then, the housebuilder, which specialises in developing high quality three to five-bedroom homes in desirable locations, has accumulated a significant landbank totalling more than 3,000 plots. The investment from BGF will allow the business to accelerate its build rate and realise an ambitious growth strategy to deliver more than 400 homes per year across the region. Newett Homes was recently awarded Residential Developer of the Year for the Yorkshire region at the National Home Builder Awards 2023.

Headquartered in Wetherby, Newett Homes is currently selling homes at developments in hand-picked locations across Yorkshire, including The Brambles at Skelmanthorpe near Huddersfield, Brooklands at Thurlstone, near Sheffield and a new development, The Pastures at Harrogate.

Commenting on the deal, Will Newett, CEO at Newett Homes, said: “Over the last 18 months we have laid solid foundations for growth, building up a substantial landbank and investing in talent across all levels of the business. Our focus is creating luxurious forever homes built to the highest of standards and we have ambitions to significantly expand our footprint across the north of England.

“To deliver our strategy, we wanted a minority investment partner that recognised the potential of Newett Homes and had strong credentials in helping housebuilders to scale. We can’t wait to see what our business can achieve with BGF’s backing.”

The deal was led by Chris Boyes and Linda Nguyenova, investors in BGF’s Yorkshire team.

BGF investor Chris Boyes, who will join the Board as non-executive director said: “This is a great opportunity for BGF to invest in a business that has a strong pedigree in housebuilding and is well primed for growth. Newett Homes has built up an impressive reputation for delivering homes in quality locations. The long-term drivers for housing demand are strong and we look forward to supporting the business on its growth journey.”

Read more:
BGF backs Yorkshire housebuilder with £10 million investment

0
FacebookTwitterGoogle +Pinterest
previous post
Jaguar Land Rover to ramp up UK EV production with £15bn investment
next post
Elon Musk threatens to sue Microsoft over Twitter data

You may also like

Two hundred UK firms cement four-day week as...

January 27, 2025

Consumer squeeze ‘worse than I have ever known’...

October 6, 2022

Transforming Education: How Roedean School Headmaster Oliver Blond...

February 8, 2023

From a Gummy Smile to a Million-Dollar Smile

November 21, 2022

NatWest to close a further 43 UK bank...

October 13, 2022

Barclays cuts bankers’ bonuses after profits fall

February 15, 2023

Magnificent seven lose $2.7 trillion as tech stocks...

March 14, 2025

How Programmatic Advertising Can Increase Sales

December 5, 2022

Frasers Group CEO Michael Murray warns of ‘softening’...

December 7, 2023

Copper Mountain Technologies Focuses on Enabling Engineers in...

February 12, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Friday Feature: Incubate Debate

      June 6, 2025
    • Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

      June 6, 2025
    • Universities in Libertarian Land

      June 6, 2025
    • Elon Musk may speak to Trump aides in push to calm feud

      June 6, 2025
    • Everyone Talks About Leaving a Better Planet for Our Children: Why Don’t We Leave Better Children for Our Planet?

      June 6, 2025
    • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,013)
    • Politics (15,545)
    • Stocks (3,130)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved