BGF (Business Growth Fund)
BGF makes GBP 19m minority investment in Brompton Bicycle
Transaction marks London-based foldable bike manufacturerтs first capital raise to accelerate international growth
GP Profile: BGF to deploy GBP 500m-plus per year for minority growth deals with entrepreneurs
UK and Ireland-based growth investor remains committed to filling a market gap for founders who want flexibility and control
BGF reaps 9.6x money, 85% IRR on St Pierre trade sale
Sale of UK bakery operator to Mexican Grupo Bimbo comes after a four-year holding period
BGF announces changes in leadership
CIO Andy Gregory to head UK growth investor as Stephen Welton is made non-executive chair
Bowmark backs Cornwall Insight buyout
BGF exits energy markets consultancy following minority stake investment in 2017
BGF appoints two investors for Central Scotland team
Devine and Nixon join a team of five investors working across both BGF's Edinburgh and Belfast offices
Livingbridge buys majority stake in VC-backed Semafone
Octopus Ventures and BGF exit the data security and compliance software developer
BGF-backed TIG bolts on ThirdSpace
Acquisition of the cybersecurity and identity firm is backed by BGF and Santander Growth Capital
BGF invests in Leeds company Northern Building Plastics
GP's backing will help the company expand its service, delivery capability, and product range
Phoenix invests in Setfords Law; BGF exits
Phoenix will acquire a majority stake in the legal network; BGF invested ТЃ3.75m in Setfords in 2016
BGF sells Renal Services
During BGF's holding period, James Buckley joined the company as non-executive chairman
BGF invests more than £380m in 2020
BGF exited 20 businesses in 2020 with an average money multiple of 1.9x and an aggregate IRR of 26%
BGF invests £4m in CSN
For the year ending on 31 March 2020, the company generated ТЃ1.6m in EBITDA, from revenues of ТЃ27.1m
BGF invests in Cirrus
NatWest Growth Capital will provide a loan to support the contact centre company
Edge hires Andrews as CIO
Simon Andrews joins from BGF where he was an early-stage investor; prior to that, he worked at Octopus Ventures
Octopus, BGF lead $24m round for Orbex
Existing investors High-Tech GrУМnderfonds, Heartcore Capital and Elecnor also participated
BGF appoints Isherwood and Strang to board
Kris Isherwood is currently CFO of Eight Roads and Jim Strang is chairman of Hamilton Lane
BGF takes minority in Datum360
Datum360's fresh funding will be used to accelerate growth and address market demand
BGF invests £8m in UK Flooring Direct
Keith Pacey is currently chair at UK Flooring Direct and will continue in this role
BGF, Perwyn et al. in £25m round for unicorn Gousto
Latest funding will be used for the development of Gousto's two new fulfilment centres and accelerate investment in automation
BGF sells stake in Chase Distillery
BGF bought a minority stake in the gin and vodka producer in 2017
BGF appoints Dornan in central Scotland and Northern Ireland team
A chartered accountant, Fiona Dornan has previousy held positions at PwC and Standard Life
BGF invests £6.8m in Appnovation
Both CBGF and BGF made initial investments in Appnovation in July 2019 totalling ТЃ8.8m
BGF invests £3m in 365 Response
BGF's investment will be used to accelerate the development of the technology platform