Bridges Ventures
Bridges hires Sarma for Evergreen fund
Eva Sarma joins as an investment director for the firm's long-term capital vehicle
Bridges exits The Vet in trade sale
Exit is the firm's third since July 2021, following SBOs of Wholebaker and World of Books
Bridges reaps 2.5x return on sale of Wholebake to Elysian
Deal is the second investment for Elysian Capital III, which closed on its GBP 325m hard-cap in 2020
Bridges appoints ex-ICG CEO as new chair
Former Apax COO Clive Sherling, a long-standing investor in Bridges funds, also becomes a non-executive director
Livingbridge buys World of Books from Bridges
Bridges partially exits the company five years after paying £13m for just over 50% of the company.
Bridges acquires ethical homeware brand Nkuku
Bridges invests in the business via its Sustainable Growth Funds, alongside the founders
QPE hires three
Queen's Park Equity has hired Alison Price, Valentina Matheus and Prudence Jones
Bridges establishes office in Manchester, hires Braham
Bridges has backed several businesses in the North, including GEV and the Ethical Housing Company
IPEM TV 2020: Bridges' Maggie Loo on how impact can deliver superior returns
Maggie Loo, a partner at Bridges Fund Management, was in attendance for the ESG Summit at IPEM 2020
Unquote Private Equity Podcast: IPEM Highlights
The Unquote Private Equity Podcast recaps key takeaways from exclusive interviews with a number of speakers and delegates
Bridges invests in AgilityEco
Bridges drew equity from its Evergreen fund, which held a final close on £50m in July 2018
Bridges-backed Viva Gym buys Duet Fit
With this add-on, Viva Gym expects to reach revenues of €90m in 2019 and €115m in 2020
Bridges acquires low-cost gym franchiser Énergie Fitness
GP has previously invested in the sector by backing Viva Gym Group, Impact Fitness and The Gym Group
Bridges holds £35m final close for Social Outcomes Fund II
Vehicle had an initial hard-cap of £30m, which was raised due to LP appetite and a strong pipeline
Bridges acquires GEV Wind Power from Maven
Vendor was reportedly seeking a £30m EV for the wind-focused energy services firm
Unquote Private Equity Podcast: Karmic balance sheets
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses recent developments in the impact investment space
Bridges closes SGF IV on £80m
Impact-focused fund manager launched the buyout vehickle two and a half years ago
Impact investing: making a splash
As high-profile GPs launch impact-dedicated funds, progress is being made in efforts to identify metrics by which to measure performance in the space
Bridges acquires Cucina, creates Impact Food Group
GP has merged the school meals provider with portfolio company Innovate Services
Bridges hits £50m mark for evergreen vehicle
Permanent capital vehicle was launched in December 2016, with initial commitments of £23m
Bridges invests £8.5m in Innovate Services
School catering business is looking to capitalise on increasing demand for healthy school meals
Bridges-backed Viva Gym acquires Fitness Hut
Bridges made a further investment from Fund III to finance the bolt-on acquisition
Bridges invests £10m in Shaw Healthcare
GP drew its investment for the elderly care provider from its permanenent capital fund
Bridges buys facilities management business Just Ask
GP will take a stake of around 70% while the founders retain a minority position