The multi-million-pound deal sees the purchase of the shareholdings of founders Simon Macbryde and Ruth Macbryde.
Gwyn said he was delighted to have concluded the purchase alongside Bridgemere.
“With the management strength and balance sheet of Bridgemere behind us, we have an excellent platform for significant growth as we look to increase our geographical footprint across the North West.
“I am very grateful to Simon and Ruth for the opportunity they gave me when I joined the business six years ago and wish them the very best in the future”.
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He added there were “lots of exciting plans” and developments being prepared for the business in the weeks and months ahead, and that they were looking forward to announcing those in due course.
Steve Morgan, chairman at Bridgemere, commented: “We are pleased to have acquired Macbryde Homes and are committed to supporting Gwyn with his growth plans for the business to become a major force in the region.”
The housebuilder is moving into a second office at Preston Brook to further expand into the North West.
This week, the North Wales division has also moved into new offices at St Asaph Business Park, doubling the size of its previous premises to facilitate the continued growth in Wales.