Group strengthens portfolio with investment in estate consultancy

Hull-based Sewell Group has invested in Community Ventures Partnerships Ltd as part of its strategic growth plans across the North of England, allowing it to expand its footprint in estates management consultancy.

Community Ventures is a development company that from its base at Thorpe Park, Leeds. develops, builds and manages health and social care facilities across the north of England and Midlands, as well as providing estates advisory services to the public sector and management services to LIFT companies.

Following the deal which will allow both companies to broaden their capabilities and realise their continued growth, Community Ventures leadership and day to day business operations will remain with chief executive Nigel Fenny supported by commercial director Dean Spencer and the current executive team. Jo Barnes, managing director, Sewell Estates and Dave Leedham, director, Sewell Investments, will join the Board alongside the current director team.

Phil Harris, director of Community Ventures majority shareholder Galliford Try Investments said: “We welcome the Sewell Group’s investment in the business. Community Ventures has gone from strength to strength in the last few years and we are confident that this investment heralds the next exciting period of growth for the business. We look forward to working alongside our new colleagues.”

Nigel Fenny, chief executive, Community Ventures added: “We have a great team and I am looking forward to seeing them thrive as we continue to support our customers and bring additional value to them with the involvement of our new partners.”

Jo Barnes, managing director, Sewell Estates said: “We are delighted to be joining Phil, Nigel and the Community Ventures team. As a Times Top 100 company, we know that business is all about having the right people with the right values on board, and that’s why we were keen to be part of the Community Ventures family.”