BGF Mergers and Acquisitions Summary

Growth Capital Firm Profile

In the last 3 years, BGF has acquired 3 companies. It has also invested in 76 others.

BGF’s most common sectors for investment areinformation technology (8%) and business services (8%) . The Firm’s most common investment types include growth capital (79%) and venture (11%). In total, BGF has invested in 3 US states and 7 different countries.

In the last 3 years, BGF has exited 51 companies. The Firm’s most common exit type is trade sale (57%). BGF’s largest (disclosed) exit occurred in 2022 when it sold LoopMe for $120M.

Join Mergr to view BGF’s full profile and discover more large growth capital firm investors just like it.

M&A Summary

  • M&A Total Activity416
    • M&A Buy Activity323
    • M&A Sell Activity93
  • Total Sectors Invested 48
  • Total Countries Invested 7
  • M&A Buy/Sell Connections 77
  • M&A Advisors 30

BGF

13-15 York Buildings,
London, WC2N 6JU
United Kingdom
+020 7340 0600
www.bgf.co.uk
john.swarbrick@bgf.co.uk

Business Growth Fund (BGF) is a private investment firm focused on early and growth-stage investing across the UK. The Firm also invests in publicly traded companies. BGF's growth team looks to invest £1 to £15 million in small to mid-sized companies looking for additional capital to pursue growth. BGF was established in 2011 and is headquartered in London.


Investment Criteria

Sectors of Interest: Aerospace, Apparel/Textiles, Automotive, Beverages, Building Materials, Business Services, Construction, Consumer Products, Consumer Services, Digital Media, E-Commerce, Education, Electronics, Energy Services and Equipment, Engineering, Environmental, Food, Healthcare Services, Information Services, Information Technology, Infrastructure, Internet Software and Services, Leisure, Life Science, Machinery, Manufacturing, Marketing, Media, Medical Products, Oil/Gas Exploration, Publishing, Real Estate, Renewable Energy, Restaurants, Retail, Safety/Security, Software, Staffing, Technology Hardware, Transportation, Utilities

Target Transaction Types: Growth Capital, Venture

Geographic Preferences: United Kingdom

Transaction Criteria Min Max
Target Revenue 1 100
Target EBITDA - -
Investment Size 1 15
Enterprise Value - -
values in millions of GBP

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (22.0/yr) # 213 33 40 32 3 2 323
Sell (12.6/yr) # 30 12 23 21 3 4 93
vol $174M $120M $294M
  416

Most Recent M&A

Company Date Value Type
Garrison Technology Ltd. 2024-06-12 - Trade Sale
London, United Kingdom · www.garrison.com
Hydrock Consultants Ltd. 2024-05-01 - Trade Sale
Bristol, United Kingdom · www.hydrock.com
Fig Power Ltd. 2024-02-13 - Trade Sale
Bristol, United Kingdom · www.figpower.co.uk
Metpro Ltd. 2024-01-10 - Growth Capital
Smethwick, United Kingdom · www.metpro.co.uk
Akula Living 2024-01-08 - Growth Capital
, United Kingdom · www.akulaliving.com
Kick ICT Group Ltd. 2024-01-05 - Secondary Sale
Bellshill, United Kingdom · www.kickict.co.uk
Antser Group 2023-11-23 - Secondary Sale
Birmingham, United Kingdom · www.antser.com
Primary Care Physio 2023-09-04 - Growth Capital
Leeds, United Kingdom · www.primarycarephysio.co.uk
Amdaris Group Ltd. 2023-08-17 - Trade Sale
Bristol, United Kingdom · www.amdaris.com
Hedgehog Lab Ltd. 2023-04-18 - Secondary Buyout
Newcastle upon Tyne, United Kingdom · www.hedgehoglab.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Bigblu Broadband plc 2016-07-16 Quickline Communications Ltd. 2021-04-23 2
Oxfordshire, United Kingdom · www.bbb-plc.com Willerby, United Kingdom · www.quickline.co.uk
Bigblu Broadband plc 2016-07-16 Bigblu Broadband plc - Satellite Broadband Activities 2020-07-31 1
Oxfordshire, United Kingdom · www.bbb-plc.com Bicester, United Kingdom
ROVOP Ltd. 2015-04-01 M2 Subsea Ltd. - 28 ROVs 2018-10-19 1
Aberdeen, United Kingdom · www.rovop.com Westhill, United Kingdom

M&A by Sector

Sector Current # Value All-time # Value
Information Technology 17 (7%) - 26 (8%) -
Business Services 13 (6%) - 24 (7%) -
Software 14 (6%) - 22 (7%) -
Internet Software and Services 10 (4%) - 20 (6%) -
Consumer Products 14 (6%) - 16 (5%) -
Retail 10 (4%) - 15 (5%) -
Life Science 11 (5%) - 13 (4%) -
Marketing 7 (3%) - 12 (4%) -
Automotive 8 (4%) - 10 (3%) -
Restaurants 6 (3%) - 10 (3%) -
Food 8 (4%) - 9 (3%) -
Healthcare Services 6 (3%) - 9 (3%) -
Medical Products 7 (3%) - 8 (2%) -
Building Materials 6 (3%) - 7 (2%) -
Environmental 5 (2%) - 7 (2%) -
Technology Hardware 5 (2%) - 7 (2%) -
Aerospace 4 (2%) - 6 (2%) -
Communications 2 (1%) - 6 (2%) -
Construction 4 (2%) - 6 (2%) -
Consumer Services 4 (2%) - 6 (2%) -
E-Commerce 3 (1%) - 5 (2%) -
Education 4 (2%) - 5 (2%) -
Media 4 (2%) - 5 (2%) -
Real Estate 4 (2%) - 5 (2%) -
Renewable Energy 5 (2%) - 5 (2%) -
Safety/Security 4 (2%) - 5 (2%) -
Transportation 4 (2%) - 5 (2%) -
Apparel/Textiles 4 (2%) - 4 (1%) -
Beverages 4 (2%) - 4 (1%) -
Energy Services and Equipment 2 (1%) - 4 (1%) -
Furniture 3 (1%) - 4 (1%) -
Leisure 2 (1%) - 4 (1%) -
Chemicals 1 (< 1%) - 3 (1%) -
Electrical Equipment 3 (1%) - 3 (1%) -
Engineering 1 (< 1%) - 3 (1%) -
Manufacturing 3 (1%) - 3 (1%) -
Oil/Gas Exploration 3 (1%) - 3 (1%) -
Staffing 3 (1%) - 3 (1%) -
Distribution 1 (< 1%) - 2 (1%) -
Machinery 2 (1%) - 2 (1%) -
Publishing 1 (< 1%) - 2 (1%) -
Digital Media 1 (< 1%) - 1 (< 1%) -
Forest Products 1 (< 1%) - 1 (< 1%) -
Information Services 1 (< 1%) - 1 (< 1%) -
Packaging 1 (< 1%) - 1 (< 1%) -
Plastics - - 1 (< 1%) -
Semiconductors 1 (< 1%) - 1 (< 1%) -
Utilities 1 (< 1%) - 1 (< 1%) -
Total 228 - 325 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United Kingdom 211 (93%) - 303 (93%) -
Ireland 12 (5%) - 14 (4%) -
United States 2 (1%) - 3 (1%) -
  Wisconsin 1 (< 1%) - 1 (< 1%) -
  North Carolina 1 (< 1%) - 1 (< 1%) -
  Illinois - - 1 (< 1%) -
Sweden 1 (< 1%) - 2 (1%) -
Canada 1 (< 1%) - 1 (< 1%) -
  British Columbia 1 (< 1%) - 1 (< 1%) -
Estonia 1 (< 1%) - 1 (< 1%) -
Germany - - 1 (< 1%) -
Total 228 - 325 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 178 (78%) - 255 (78%) -
Venture 30 (13%) - 35 (11%) -
Stake Purchase 6 (3%) - 10 (3%) -
Acquisition Financing 5 (2%) - 9 (3%) -
Buyout (LBO, MBO, MBI) 3 (1%) - 7 (2%) -
Secondary Buyout 5 (2%) - 6 (2%) -
Consolidation - - 1 (< 1%) -
Divestiture 1 (< 1%) - 1 (< 1%) -
PIPE - - 1 (< 1%) -
Total 228 - 325 -

Exits by Deal Type

Type Total # Value
Trade Sale 39 (42%) -
Secondary Sale 26 (28%) 120M (41%)
Trade Sale - Public Company 16 (17%) 174M (59%)
Bankruptcy 4 (4%) -
Unknown 3 (3%) -
Merger 2 (2%) -
IPO 1 (1%) -
Sold to Management 1 (1%) -
Stake Sale 1 (1%) -
Total 93 $294M

Top M&A Advisors

Financial Deals
KPMG Corporate Finance LLC
5
Wilson Partners Corporate Finance
2
GCA Altium Ltd.
1
Legal Deals
Shoosmiths
4
CMS Legal
3
Freeths LLP
2

Deal Values

sell # Total
$100M to $1B 1 $120M
< $100M 2 $174M
TOTAL $294M
Largest LoopMe Ltd.
$120M (2022-01-20)

M&A Connections

Deals
Acquired from
Investor(s)
2%
7 (2%)
Strategic(s)
< 1%
1 (< 1%)
Exited to
Investor(s)
27%
25 (27%)
Strategic(s)
59%
55 (59%)

FAQ

When was BGF founded?

BGF was founded in 2011.

What type of investor is BGF?

BGF is a growth capital firm.

Where is BGF headquartered?

BGF is headquartered in London, United Kingdom.

How much capital does BGF have under management?

BGF has 2.5B GBP under management.

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.