Sulmara, a provider of innovative survey and inspection services to the offshore wind and energy markets, has secured an $18.9 million (c. £15m) investment from BGF. The Glasgow-headquartered business was founded in 2019 and has grown rapidly to more than $70m (c. £55.8m) annual revenue,
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BGF has sold its stake in Edinburgh-headquartered AFG Media in a sale to its founders.
Growth capital investor BGF has completed a successful exit from Aberdeenshire-headquartered Keenan Recycling.
Growth capital investment firm BGF has appointed Gregor Steedman and Michael Berger to its Edinburgh team following strong activity in the region and looks ahead to future deal growth. Mr Steedman joins as an investor, bringing with him a wealth of experience and unique insight. Prior to joining BGF
Forres-headquartered spaceflight company Orbex has closed an update to its Series C funding round, securing a further £16.7 million from a consortium of six major investors. This latest injection of capital brings Orbex's total funds raised to an impressive £102m.
Supplier of industrial and engineering products Troy has strengthened its presence in Scotland through the acquisition of Scott Direct Group, a family-run firm based in Grangemouth. The deal marks Troy's 19th acquisition and second since receiving multi-million-pound investment from BGF last year. I
British Growth Fund (BGF) has marked another successful year in 2023, with its Scotland and Northern Ireland team delivering five profitable exits and injecting £33 million into the local growth economy. In total, BGF backed 44 new businesses and invested £430m across the UK and Ireland
On-street electric vehicle charging specialist Trojan Energy has secured a £26 million investment to propel its growth plans. The funding comprises £8m from growth capital investor BGF, coupled with an £18m follow-on investment from the Scottish National Investment Bank.
Growth capital investor BGF has successfully completed its exit from Glasgow-based independent IT managed service provider Kick ICT. LDC, the private equity investor affiliated with Lloyds Banking Group, has made a significant investment in the company. BGF originally invested £8.5 million in
BGF, the UK and Ireland-based growth capital investor, has become a certified UK B Corporation (B Corp). BGF’s B Corp status reflects its long-standing commitment to creating a positive impact both within and beyond the organisation. Through its investments, BGF seeks to foster sustainable, re
Edinburgh-headquartered technology services firm Stellar Omada has secured a £4.5 million investment from capital growth investors BGF. Founded in 2018 by CEO Colin Frame, Stellar Omada specialises in digital transformation, testing services and programme delivery for clients in the financial
Scottish Dental Care Group (SDCG), a provider for both NHS and private sectors, has secured another multi-million-pound investment from BGF, marking BGF's second investment within a span of just over a year. This investment aims to bolster the group's acquisition plans, which are designed to increas
Edinburgh-based provider of marketing technology to the global drinks and hospitality sector MRM Global has received a further £2 million investment from BGF. The company’s technology platform enables global drinks manufacturers and wholesalers to increase the level of marketing support
Aberdeen-headquartered problem-solving company, STC INSISO, has received a £2 million investment from BGF to support its growth strategy. STC INSISO’s products, which span culture, safety, and solutions to improve business processes and performance are already widely trusted and used acr
The Scotland and NI team of BGF has reported a strong year in 2022, delivering a series of exits and investing £42 million in the local growth economy. Notable deals in the last 12 months include leading an £8m investment alongside Scottish National Investment Bank into biopharmaceutical