Investment Summary

BGF Invests In Setfords

On December 17, 2016, growth capital firm BGF invested in business services company Setfords

Investment Highlights
  • This is BGF’s 12th transaction in the Business Services sector.
  • This is BGF’s 113th transaction in the United Kingdom.
Investment Fate
  • Setfords was sold to a consortium of financial buyers in 2021.

Investment Summary

Date 2016-12-17
Target Setfords
Sector Business Services
Investor(s) BGF
Deal Type Growth Capital

Target

Setfords

Guildford, United Kingdom
Setfords is a nationwide law firm that uses a network consultancy approach to allow its lawyers to work remotely. Setfords was the first business in the UK to roll out the consultancy network model across all major areas of law including property and family law. Setfords was founded in 2006 and is based in Guildford, 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 115 of 370
Sector: Business Services M&A 12 of 26
Type: Growth Capital M&A Deals 92 of 290
Country: United Kingdom M&A 113 of 345
Year: 2016 M&A 31 of 31
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-17 RSK Group

Helsby, United Kingdom

RSK Group offers environmental impact assessments, clean-up operations, and geotechnical analysis on major infrastructure projects in the UK and worldwide. RSK Group was founded in 1989 and is based in Helsby, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Ultra Finishing

Halifax, United Kingdom

Ultra Finishing Ltd. is a designer, manufacturer and distributor of bathroom fixtures and fittings. Ultra Finishing was founded in 1981 and is based in Halifax, United Kingdom.

Buy -