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Our family business.

The Richardson business was founded more than 70 years ago in Oldbury, part of the Black Country and still home to the Midlands office today.

The business now operates an international real estate and growth capital portfolio. These have been successfully operated for the past 25 years, driving economic prosperity and creating jobs. 

 

As an independent business, with a track record of entrepreneurship and value creation, current projects total in excess of £1.3billion. They include the new West Midlands Designer Outlet that opened in April 2021 with long-standing partner McArthurGlen, the transformational £400million Manchester First Street scheme and 30 logistical hubs across the UK.

The Richardson family office has also developed a large private equity portfolio.  Recent investments include Coople, a Swiss based technology company and Go Carwash,  one of the fastest growing automotive cleaning businesses in North America.

If you have a business proposal that needs financial backing, please get in touch by calling +44 (0) 121 544 8000

Carl, Martyn and Lee Richardson

L to R, Carl, Martyn and Lee Richardson

History.

The Richardson family business was founded in the late 1940s by twin brothers Roy and Don Richardson.

Roy is Life President of the organisation that grew from humble beginnings. Roy and Don left school at 14 to work for their father selling used commercial vehicles, often post-war surplus. They began their own business careers in 1948 after completing their national service together in the RAF.
 

Their impact to the regional and national economy is significant.  Building speculatively and often in tough economic times, they managed a business that continues to undertake major brownfield regeneration in some of the UK’s most deprived and difficult areas. 

 

This included a headline project in their own backyard, taking on the derelict Round Oak Steel Works in the West Midlands, where 13,000 had been employed and turning it into the Merry Hill shopping centre in the late 1980’s and early 1990’s.  This created more than 10,000 construction and retail jobs for local people, subsequently bringing in over £950m in local business rates to the Treasury. 

Dr Roy Richardson

Dr Roy Richardson

Moving into Birmingham, landmark developments include the £90million Star City leisure complex in Birmingham Heartlands, the Fort retail park and two major leisure schemes on Broad Street, creating over 15,000 jobs in the city during the 90’s.

 

Their national footprint of developments has initiated continuous economic activity in other post-industrial areas including County Durham, Broadstairs, Manchester, Bristol, Mansfield, Bathgate and Swindon.

 

More recently the family office has expanded into a variety of international business interests in real estate and growth capital.  It now operates across the UK and also in Europe, North America, the Far East, Asia and Australasia.

Current real estate developments include Tower Works, a mixed-use scheme in Leeds, Milburngate, a luxury apartment complex and hotel in Durham and a portfolio of 20 separate projects, including First Street, Grade A office space in Manchester.

 

Growth capital investments include Todays Dental, an ambitious UK based dental platform, Magnet Capital, a financial services business and EA-RS, a leading provider of fire safety solutions for UK-based commercial building tenants and owners.’. 

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