{"id":361635,"date":"2025-08-21T08:42:18","date_gmt":"2025-08-21T08:42:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/361635\/"},"modified":"2025-08-21T08:42:18","modified_gmt":"2025-08-21T08:42:18","slug":"braidwater-group-northern-ireland-family-company-buys-back-shares-after-investors-exit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/361635\/","title":{"rendered":"Braidwater Group: Northern Ireland family company buys back shares after investor\u2019s exit"},"content":{"rendered":"

Braidwater Group had received investment from BGF in 2015 in the investor\u2019s first deal in Northern Ireland. <\/p>\n

BGF said the deal had enabled it to establish a strong foothold in the market in Northern Ireland, while also supporting Braidwater\u2019s growth. <\/p>\n

Since 2015, Braidwater has grown from a small construction business into one of Northern Ireland\u2019s biggest housebuilders, with turnover growing from \u00a34m in 2015 to \u00a345m in 2024.<\/p>\n

BGF has now invested over \u00a3100m in Northern Ireland businesses, making it the most active growth capital investor in the region.<\/p>\n

Since 2015, BGF has provided two follow-on investments, enabling family-owned Braidwater to scale operations and expand.<\/p>\n

The investment has enabled it to grow its landbank, build its management team and expand right across Northern Ireland.<\/p>\n

Its developments now include Beech Hill on Glenshane Road in Derry and Castle Hill on the Ballygowan Road in Belfast.<\/p>\n

In January 2019, Braidwater merged with sister company BW Homes & Construction to create Braidwater Group, entering the social and affordable housing market.<\/p>\n

\"Joe<\/p>\n

Joe McGinnis, director at Braidwater Property Developments<\/p>\n

Joe McGinnis, CEO of Braidwater said: \u201cWe\u2019re grateful to BGF for their support over the last decade as we scaled our operations and established the Braidwater Group.<\/p>\n

“Their initial investment gave us the springboard to enter new markets, while follow-on funding instilled us with the confidence to go even further.<\/p>\n

\u201cToday, we are in a strong position with a professionalised team, a significant development pipeline, and a clear strategic vision for the next 10 years.<\/p>\n

“Most importantly, this buyback ensures Braidwater remains a family-run enterprise for the future \u2013 something that was always important to us. BGF has been a valued and supportive partner throughout this growth journey.\u201d<\/p>\n

Paddy Graham, regional partner at BGF, added: \u201cOur partnership with Braidwater has been one of the most significant for BGF in Northern Ireland. It was our first investment in the region, and it gave us a visible and successful platform from which to grow.<\/p>\n

“The company had a quality product, a strong team, and a compelling market opportunity in 2015 \u2013 and the same is true today.<\/p>\n

” We\u2019re proud to have supported the business through a period of transformation and are pleased to see the family take it forward with renewed ownership and ambition.<\/p>\n

\"Beech<\/p>\n

Beech Hill on Glenshane Road in Derry, one of Braidwater Group’s investments<\/p>\n

Watch: Michael Deane set to open new restaurant in East Belfast<\/p>\n

\u201cThe success of this partnership has also played a pivotal role in shaping BGF\u2019s presence in Northern Ireland. Today, we\u2019ve invested over \u00a3100 million in Northern Ireland, and we remain deeply committed to supporting ambitious businesses across the region.\u201d<\/p>\n

The sale of its stake in Braidwater marks BGF\u2019s third successful exit in Northern Ireland, following deals with waste management company Riverridge and specialist kitchen manufacturers Uform.<\/p>\n","protected":false},"excerpt":{"rendered":"Braidwater Group had received investment from BGF in 2015 in the investor\u2019s first deal in Northern Ireland. BGF…\n","protected":false},"author":2,"featured_media":361636,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[51,1817,778,16,15],"class_list":{"0":"post-361635","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-derry-news","10":"tag-margaret-canning","11":"tag-uk","12":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115065870372390251","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/361635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=361635"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/361635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/361636"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=361635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=361635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=361635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}