Mobeus invests £7m in series-B for Buster + Punch

Mobeus is currently investing from its first institutional fund, which focuses on buyout investments and is understood to have held a final close on £166m in August 2017. The Buster + Punch transaction was made with capital drawn from the GP's VCT funds.

The fresh capital is intended to help the company expand into North America and the Asia-Pacific market.

Previous funding
In 2017, Mobeus Equity provided Buster + Punch with £2.9m in growth capital financing.

Company
Founded in 2013 as a producer of custom-made motorcycles, London-headquartered Buster + Punch is an interior product design company focusing on lighting, furniture, electrical fixings and glasswear. It also continues to produce and sell motorcycles. The company is expected to generate revenues of £10m in 2020.

People
Mobeus Equity Partners – Greg Blin (investment director).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom
• Mobeus Equity Partners