BGF (Business Growth Fund) is the UK’s most active provider of growth capital to growing smaller and medium sized UK businesses that need long-term investment to drive their future success. BGF backs privately owned and AIM listed companies by providing growth capital for profitable businesses, typically with a turnover of £5m-£100m, and through BGF Ventures it offers venture capital for pre-profit technology companies. BGF initially invest up to £10m for a minority equity stake and provides further funding as a company continues to grow.
In addition to access to capital, investee companies can benefit from BGF’s expertise and guidance on strategic and operational issues plus access to a significant UK-wide network of contacts.
Investment can be used as development capital to fund growth that is organic, achieved via acquisition, or both. BGF will not engage in company buy-outs, although an injection of cash from BGF may facilitate some change of ownership, providing the majority of funding is used to generate growth.
BGF’s team of nearly 100 investors, based in regional offices across the UK, believe that it is important to be close and relevant to the companies they work with. They are keen to meet with more entrepreneurs and with advisers and other members of the ecosystems that support them.