Investment Summary

BGF Invests In Tepeo

On December 14, 2022, growth capital firm BGF invested in renewable energy company Tepeo

Investment Highlights
  • This is BGF’s 5th transaction in the Renewable Energy sector.
  • This is BGF’s 304th transaction in the United Kingdom.

Investment Summary

Date 2022-12-14
Target Tepeo
Sector Renewable Energy
Investor(s) BGF
Deal Type Venture

Target

Tepeo

Wokingham, United Kingdom
Tepeo’s patented ZEB is a direct plug-n-play replacement for a gas, oil, LPG or electric boiler, and is a low-carbon alternative without compromising on performance. Instead of relying on fossil fuels, its proprietary technology is powered by electricity and works like a battery to store heat efficiently until it is needed. Tepeo was founded in 2018 and is based in Wokingham, 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 325 of 370
Sector: Renewable Energy M&A 5 of 6
Type: Venture M&A Deals 35 of 35
Country: United Kingdom M&A 304 of 345
Year: 2022 M&A 32 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-14 Furniture Village

Slough, United Kingdom

Furniture Village is a UK retailer of sofa and bed brands, selling through its stores and growing online presence. Furniture Village was founded in 1989 and is based in Slough, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Lumenisity

Romsey, United Kingdom

Lumenisity develops and manufactures advanced cable solutions to address the need for high-speed transactions and bandwidth increases in high capacity communications systems. Lumenisity was founded in 2017 and is based in Romsey, United Kingdom.

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