Cornerstone Partnership
Investee biography:
Cornerstone was set up by Dean Starr and Gavin Mullaley who both had a strong desire to build a socially responsible business. They started by supporting the Salvation Army in Coventry with an initial 78 family homes for temporary accommodation but since then Cornerstone’s reputation and scale of operation has grown significantly.
It now plays a key strategic role in supporting the region through partnerships with Birmingham City Council, Coventry Council, Nuneaton & Bedworth Council, North Warwickshire Council and other councils alongside housing charities St Basils, Valley House, Spring Housing Association and others.
Deal Summary
- Investment amount: £9m
- Transaction: Development Finance, Property Development
- Location: West Midlands
- Sector: Residential Property
Investment Director
FDC Investment:
Cornerstone Partnership secured investment from the WMCA RIF, a fund managed by FDC. The investment allowed the firm to acquire a further properties towards their social cause.
