Business Growth Fund (BGF) has sold its stake in UK housebuilder Cussins to Northumberland Estates.
Following the deal, Cussins' family owners will retain a majority stake in the business. Non-executive chairperson Mike Stansfield, who was introduced to the business by BGF, will step down from the board....
Round was led by Accel
360 Capital joined Robert Bosch Venture Capital and others in the round led by Intel Capital
Data analytics software developer will use the funding to invest in product development
With the management also selling its minority stake, Altran becomes the sole owner