M&A Deal Summary

NSCG Acquires Chemistry

On December 12, 2023, NSCG acquired business services company Chemistry from BGF

Acquisition Highlights
  • This is NSCG’s 1st transaction in the Business Services sector.
  • This is NSCG’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-12-12
Target Chemistry
Sector Business Services
Buyer(s) NSCG
Sellers(s) BGF
Deal Type Add-on Acquisition

Target

Chemistry

London, United Kingdom
Chemistry is a disruptive HR consultancy company. TCG offers talent strategy consultancy that increases the value of companies by improving the performance of their people. Chemistry was founded in 2003 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

NSCG

London, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

NSCG is an advisory firm that helps you find assess, build and accelerate teams and leaders who are as good in practice as they are on paper. NSCG provides agile consulting solutions to help our clients achieve commercial outcomes and use data and science to benchmark and streamline consultant assessments. NSCG is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

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 111 of 131
Sector: Business Services M&A 11 of 12
Type: Add-on Acquisition M&A Deals 60 of 70
Country: United Kingdom M&A 106 of 125
Year: 2023 M&A 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-23 Antser

Birmingham, United Kingdom

Antser delivers transformational solutions to the social care, health, and education sectors, in partnership with the local authorities and independent providers. Antser is based in Birmingham, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-01 Horbury

Rotherham, United Kingdom

Horbury is a group of integrated construction based companies operating throughout the mainland UK, providing construction solutions to developers, building owners and main contractors. Horbury was founded in 1992 and is based in Rotherham, United Kingdom.

Sell -