Globalisation on pause? How scaleups can navigate today's uncertainty9:30 am - 10:30 am
Brisant achieves 35% growth one year on from BGF investment
Secure lock and hardware supplier, Brisant Secure, has achieved 35% growth just one year on from securing investment from BGF.
In addition, the Midlands based company has grown its workforce with 33 new starters; has expanded its client base, with 450 businesses selling Brisant products for the first time; secured more than 600,000 homes; while expanding its Ultion product range for door suppliers, locksmiths and homeowners.
Nick Dutton, joint CEO at Brisant Secure, commented: “The last 12 months have been pivotal in our ongoing development as a business, with the injection of BGF capital helping to accelerate our growth plans and crystalise our focus on both product and people development.
“One of the biggest highlights was being chosen by the Home Office for the Safer Streets initiative, with over 1,000 locks purchased by the police to secure homes, while also achieving police-preferred specification.”
He added: “Our consistent growth is centred on a commitment to providing robust products that raise the bar by consistently beating industry test standards. This is combined with our drive and ambition to provide an enhanced service to our customers, a better working environment for our employees, and safer products. That means we never stop researching, developing, and testing new ideas to provide customers with the safest products in the market.”
The impressive growth coincides with Brisant being recognised as a living wage employer by the Living Wage Foundation. The company has received official accreditation from the foundation – a Citizens UK initiative which campaigns for more employers to pay a living wage – after growing its workforce by over 25%. Living wage employers in the UK include IKEA, Nationwide, Aviva and KPMG.
Brisant was recognised by the organisation for paying the real living wage to all directly employed staff – the only UK wage rate that is voluntarily paid by businesses.
Dutton said: “One of our core values as a business, and one of the main reasons we have achieved the success we have, is the investment we make in our people.
“It’s vital that our employees are treated fairly and rewarded for the work they do, which is why it was important for us to ensure we pay all our staff the real living wage. Receiving official accreditation from the Living Wage Foundation is a real statement of intent and demonstrates our commitment to our workforce, both in the Midlands and Yorkshire.”
Since launching in 2013, Brisant has been raising the standards of the fenestration industry by helping fabricators and installers sell more doors. Last year, the company featured in the annual Sunday Times Virgin Atlantic Fast Track 100 for the second consecutive year as one of the UK’s fastest growing businesses.
BGF investor, Seb Saywood, who sits on the Brisant board, said: “The innovation and passion that first attracted us to Brisant continues to shine through and the growth achieved within the first 12 months of our investment is testament to that approach.
“Being recognised as a living wage employer and cementing its position as one of the leading companies in the door security field, demonstrates the value that can be found in being both customer and employee-centric.”
Business funding news
OSL receives £3.5 million follow-on investment as impressive growth continues
BGF has invested a further £3.5 million into leading counter-drone technologies business Operational Solutions Limited (OSL), taking its total investment…
BGF-backed Clarke Group secures record £57 million of new contracts in 2023
Ballymena-based Clarke Group has secured £57 million of new contracts across the UK and Ireland in the 12 months since…