William Harrison (businessman)

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William Bruce Harrison (born August 1986) [1] is an American investor in US and UK real estate and businesses.

Career

Harrison was born the grandson of Daniel Jefferson Harrison, a Texas oilman who died in 1974, [2] and the son of Bruce Harrison, a Texas rancher who died in 2004. [3] Through his investment company, Cathexis Holdings, he invested in ISG Ltd, a construction business based in London, in March 2016, [4] Leo Lynch, a mechanical and electrical engineering contractor based in Dublin, in May 2022, [5] and Jones Engineering, an engineering business operating in the UK and Ireland, in June 2022. [6] Through Cathexis, Harrison also invested in the Britishvolt car battery startup, [7] which went into administration in January 2023. [8] [9] ISG Ltd went into administration in September 2024, [10] [11] [12] partly due to the collapse of Britishvolt. [13]

Harrison also bought the 83,000 acres (34,000 ha) Cielo Vista Ranch, part of the Sangre de Cristo Land Grant in the San Luis Valley in Colorado, for $105 million in September 2017. [14] [15] Harrison attempted to limit access to the Cielo Vista ranch by the 5,000 descendants of the 19th century settlers. Judge Kenneth Plotz found in favor of the heirs, and reaffirmed their right to access the land. [16] He is also an investor elsewhere in the Intermountain West: by June 2019, he had acquired 19 mountains, also in Colorado. [17]

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References

  1. "William Bruce Harrison". Companies House. Retrieved 3 December 2024.
  2. "Dan J. Harrison, 94, Oilman And Ex‐Texas Regent, Dies". New York Times. 22 February 1974. Retrieved 3 December 2024.
  3. "Rancher falls off tractor, dies after bee attack". Chron. 2 June 2004. Retrieved 3 December 2024.
  4. "ISG weathers challenging year". The Construction Index. 17 May 2021. Retrieved 3 December 2024.
  5. "Texas billionaire invests in Leo Lynch". Business Plus. 18 May 2022. Retrieved 3 December 2024.
  6. "Billionaire William Harrison snaps up Jones Engineering". Business Plus. 3 June 2022. Retrieved 3 December 2024.
  7. Jolly, Jasper (29 September 2022). "Shock therapy: turmoil engulfs Britishvolt's £3.8bn battery factory". The Guardian. Retrieved 29 September 2022.
  8. Jack, Simon; Nanji, Noor (17 January 2023). "Britishvolt: UK battery start-up collapses into administration". BBC News. Retrieved 17 January 2023.
  9. "Battery startup Britishvolt enters administration as rescue talks fail". The Guardian. 2023-01-17. Retrieved 2023-01-17.
  10. Banks, Charlotte (19 September 2024). "ISG UK subsidiaries apply for administration". Construction News. Retrieved 19 September 2024.
  11. Morby, Aaron (19 September 2024). "ISG files notice of administration". Construction Enquirer. Retrieved 19 September 2024.
  12. "ISG heads for administration". The Construction Index. 20 September 2024. Retrieved 20 September 2024.
  13. Morby, Aaron (2 December 2024). "ISG administrator finds just £35m to pay down £1.1bn debt". Construction Enquirer. Retrieved 4 December 2024.
  14. "Cielo Vista Ranch, home of fourteener Culebra Peak, now owned by heir to Texas oil fortune". The Denver Post. 19 September 2017. Retrieved 3 December 2024.
  15. "New owner fighting to restrict access to private Cielo Vista Ranch by 5,000 descendants of the San Luis Valley's earliest settlers". The Colorado Sun. 5 September 2018. Retrieved 3 December 2024.
  16. Perdoni, Kate (September 30, 2021). "Plaintiffs in Costilla County land rights hearing describe a 'campaign of harassment' Facebook shareTwitter shareEmail share". Rocky Mountain PBS.
  17. "Who Gets to Own the West?". The New York Times. 22 June 2019. Retrieved 3 December 2024.