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BGF to explore fundraise to support UK growth companies
Since inception in 2011, BGF has demonstrated how patient growth capital can transform the prospects of entrepreneurial companies across the UK and Ireland . To date, it has invested more than £4.7 billion in over 600 businesses, creating over 27,000 new jobs and helping to generate £7.1 billion in revenue growth. Notably, 74% of the capital deployed by BGF has been outside of London and the South East. BGF was established to fill a long-standing gap in the investment market by backing growth-ready small and mid-sized businesses across all regions of the UK.
It also aligns with the Mansion House Accord, which encourages long-term investment by UK pension schemes and other institutions into high-growth UK enterprises.
Andy Gregory , CEO of BGF, said:
In recent months, BGF has seen strong momentum across exit activity including OrganOx, the Oxford-based organ preservation specialist, which reached landmark $1.5 billion valuation in UK medtech, delivering a return of £175 million on BGF's £35 million investment. Monodraught, the Buckinghamshire green tech ventilation and cooling business, was valued at £56 million and generated a 11x return on BGF's investment. Further recent exits include Brisant Secure, Fulfilmentcrowd and Braidwater.
With unmatched scale and reach, over a decade of proven delivery as the UK's leading investor in growth-stage companies, and a clear mandate to support businesses nationwide, BGF is well placed to expand its impact and further strengthen its contribution to the UK economy.
BGF was set up in 2011 and has invested more than £4.7 billion in over 600 companies, making it the most active investor in the UK and Ireland . Its main shareholders are Barclays, HSBC, Lloyds and NatWest.
BGF is a minority, non-controlling equity partner with a patient outlook on investments, based on shared long-term goals with the management teams it backs. BGF invests in growing businesses through its network of 15 offices.
Reflecting its confidence in British scale-up opportunities, BGF has pledged to invest at least £3 billion over the next five years, including a minimum of £300 million into female-powered businesses such as Northern Ireland's CWC Group, helping to drive more diverse leadership across the UK's growth economy.
See: www.bgf.co.uk
Greenbrook
Peter Hewer / Alan Tovey /
Natasha Bragoli / Jemima Black
bgf@greenbrookadvisory.com
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