Investment Summary

BGF Invests In Hoop

On September 7, 2017, growth capital firm BGF invested in internet software and services company Hoop

Investment Highlights
  • This is BGF’s 10th transaction in the Internet Software and Services sector.
  • This is BGF’s 132nd transaction in the United Kingdom.

Investment Summary

Date 2017-09-07
Target Hoop
Sector Internet Software and Services
Investor(s) BGF
Deal Type Venture

Target

Hoop

London, United Kingdom
Hoop is an online marketplace for family activities. With over half a million users, Hoop is one of the UK’s most loved family apps; helping connecting children and teenagers to organisers who help them laugh, learn and make new friends. Hoop was founded in 2016 and is based in London, United Kingdom.

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Investor(S) 1

Investor

BGF

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2011
PE ASSETS 2.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

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.


DEAL STATS #
Overall 135 of 370
Sector: Internet Software and Services M&A 10 of 24
Type: Venture M&A Deals 8 of 35
Country: United Kingdom M&A 132 of 345
Year: 2017 M&A 20 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-04 Filmore & Union

Wetherby, United Kingdom

Filmore & Union is an independent company with 14 restaurants, and take-outs which all have a focus on fresh, seasonal, and innovative healthy food that not only tastes good but makes you feel good too.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-27 Bullitt Group

Reading, United Kingdom

Bullitt Group is a designer, manufacturer and distributor of mobile phones, audio products, other connected devices and related peripherals to more than 60 countries across the globe. Bullitt Group was founded in 2009 and is based in Reading, United Kingdom.

Sell -