Magazines
Newsletter
Advertise
Search
The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
Read now
PICK YOUR EDITION

BGF invests £60m in 2024 across South West and Thames Valley

The Business Magazine article image for: BGF invests £60m in 2024 across South West and Thames Valley
Ned Dorbin, partner at BGF
5 February 2025
Ned Dorbin, partner at BGF

Growth capital investor BGF has reported a strong year across its South West, Thames Valley and South Wales offices, investing £60 million in small and medium-sized businesses throughout 2024.

Among last year’s deals was its multimillion-pound exit of Bristol-based engineering design, energy and sustainability consultancy Hydrock to Stantec.

The firm’s South West team backed five new businesses across sectors including technology, healthcare, food and beverage and cybersecurity.

They include investments in Kubus, a technology value-added reseller headquartered in Cirencester, and Plant-Ex Ingredients, a manufacturer of natural food ingredient solutions based in Bristol.

Across the Thames Valley, BGF completed an investment in Bournemouth fintech and advice tech provider Twenty7Tec and backed the expansion of Reading-based digital transformation business Proventeq. 

Portfolio companies expanding through M&A last year included BN Care Group, which completed the acquisition of its sixth care home following new investment from BGF, and Troy, which celebrated its 20th acquisition.

Ned Dorbin, partner at BGF, said: “Despite several economic uncertainties throughout 2024, we’ve continued to see a great deal of resilience and innovation from the businesses within our regions.

“We’re proud to play our role in supporting these organisations with funding and strategic counsel throughout a crucial period in their growth journeys.

“Looking ahead to 2025, we’re optimistic there’ll be opportunities for the region’s ambitious businesses to scale, and we look forward to working with them to help achieve their goals.”

Across the UK and Ireland, BGF reached a milestone of £4 billion invested since its inception in 2011.

The firm also committed £25 million to the Invest in Women Taskforce, which has secured £250 million of funding to support female entrepreneurs and female-led businesses across the UK.


Share 

Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

Latest deal ticket

All deals

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
crossmenu