BGF backs Broadbandchoices.co.uk with £10m

The fresh funding will be directed towards the development of the company's proprietary technology and the international expansion of its sites.

Company
Founded in 2005 and based in London, Broadbandchoices.co.uk is a home communications price comparison site that allows users to compare and switch services directly. The company is owned by Decision Technologies Ltd.

Broadbandchoices.co.uk employs more than 50 members of staff and has approximately 1.8 million visitors per month. The firm also operates broadband comparison sites in France, Germany and Spain.

People
Investment director Chris Hodges worked on the deal for BGF and will join the investee company's board.

Advisers
Equity – Wragge & Co (Legal); RSM Tenon (Financial due diligence); Intuitus (IT due diligence).

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• Topics
• UK / Ireland
• Technology
• Expansion
• United Kingdom
• BGF (Business Growth Fund)