Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Bridges takes a majority stake in Just Ask’s low-income housing services

Low-income residents in U.K. housing associations have a higher rate of physical and emotional problems and unemployment than the national average.

Just Ask, which manages such facilities, hires and provides skills training for housing association community members while undertaking community improvement projects.

Bridges’ £9 million ($12.2 million) investment gives it a majority stake in the company. The company employs 450 people and serves 50,000 housing units throughout southeast England.

Bridges plans to expand the company’s reach in other parts of the country. As part of the deal, incentives for Just Ask’s management team will be linked to social impact performance — a first for Bridges.

The deal appears to be the first from Bridges’ targeted £150 million ($202 million) fourth fund.

You might also like...