BFM Distributions, a Shipley-headquartered wholesale and retail distributor of motorcycle spares and accessories, has won venture capital backing from YFM Venture Finance for its expansion plans.
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment
Deal is an exit for minority shareholder Antea, which invested in the company in 2015
Deal is GP's sixth investment from its £100m Impact Fund, which targets profitable businesses making a positive impact