Cussins

Infrastructure, Construction & Property  •  Yorkshire & North East  •  Growth

Cussins is a family-owned house builder, based in the North East.

cussins.com

Company
information

Total BGF investment

£5m

Investment date

Dec 2014 – Oct 2016

Head office

Alnwick, Northumberland

Chair

Peter Cussins

BGF partnered with Cussins in December 2014, providing a £5m investment to support new site acquisition and housing developments.

During our investment, Cussins grew the development of new sites from 10 to more than 70 per annum, strengthened its management team with the appointment of a Construction Director and Finance Director with advice from BGF, and saw its turnover triple from £4.5m to £15m in under two years.

Cussins was acquired in 2016 by Northumberland Estate, the largest landowner in the North East, delivering a strong return for all shareholders.

BGF’s equity funding immediately helped us to secure a significantly larger bank facility, which enabled us to accelerate our development plans.​ The growth we have demonstrated since, and the prospects​ for Cussins today, are testament to the impact that BGF​ has had.
Jabin Cussins​, CEO