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28th October 2019

BGF supports Hydrock in acquisition of MRB Consulting Engineers

Engineering design consultancy Hydrock has announced its acquisition of Yorkshire-based MRB Consulting Engineers, as the company further expands its footprint across the UK.  Hydrock is backed by BGF, the UK and Ireland’s most active investor in growing companies, who first invested in September 2018. Since then, Hydrock has seen significant growth, opening a new office in Birmingham and expanding its teams in Manchester, Cardiff and Southampton. BGF has provided follow-on funding to support the acquisition of MRB and to enhance Hydrock’s ongoing strategic development plans.

18th October 2019

ProFinda receives £1 million Nesta investment

ProFinda has received £1 million of funding from Nesta Impact Investments, the venture capital arm of one of the UK’s leading innovation foundations, to accelerate the deployment of its platform across the private, public and third sector, and increase social impact.

14th October 2019

Livingbridge invests £15 million in Nationwide Hire

Livingbridge, one of the UK’s leading mid-market private equity investors, has made a £15 million investment in Nationwide Hire, an aggregator of equipment rental and hire services.

9th September 2019

Riverside Invests in TOOLPORT

The Riverside Company has invested in TOOLPORT, the leading European online provider of professional tents and spare parts for the consumer and industrial markets. Based in Norderstedt, Germany, the company operates an online direct-to-consumer model supported by a specialized and high-quality customer service team and decided to partner with Riverside to pursue an ambitious international growth strategy.

9th September 2019

How to create effective business operations without bureaucracy

Stefano Maifreni, Founder of Eggcelerate, a B2B growth experts for British SMEs, shares his insights on how small comapnies can operate effectively without needing to have layers of bureaucracy slowing them down.

5th September 2019

Invenio acquires Proverbium after BGF funding

Invenio Business Solutions, a global provider of business-focused technology solutions and consulting services, has acquired Proverbium, a Bangalore-based logistics consultancy.

2nd September 2019

BGF funding supports HeleCloud's acquisition of OlinData

HeleCloud, an AWS Advanced Consulting and Managed Services Partner, has announced it has acquired OlinData, an AWS Advanced Consulting Partner based in the Netherlands, specialised in Open Source Infrastructure. Financial details of the deal, completed this week, were not disclosed. OlinData is HeleCloud’s first acquisition as part of its ongoing growth across Europe, supported by BGF, the UK and Ireland’s most active investor.

28th August 2019

New vLex London office opens giving new life to legal technology innovation in London.


Following the recent acquisition of London based legal technology company Justis, vLex has announced the opening of their first London headquarters. 


27th August 2019

BDO and Envestors team up to help UK start-ups grow in uncertain economic climate

Accountancy and business advisory firm BDO LLP and Envestors, the fintech for fundraising company, have announced a joint initiative to support the growth of UK start-ups and scale-ups. The two businesses will combine their offerings in corporate finance, equity finance, tax and accounting services to create a single-point solution for high-growth businesses to raise finance. The collaboration, inspired by the increasing difficulty for ambitious, growing businesses to raise capital in the UK’s uncertain economic climate, is committed to help 50 companies in the next 12 months.

21st August 2019

Retention fears for UK PLC as talent dilema intensifies

As the talent dilemma continues, UK businesses are ramping up their focus on retaining and upskilling their existing workforce. New research [1] from recruitment specialist Robert Half UK, reveals more than one in three senior executives (31%) believe employee retention and training are the two main talent management concerns facing their industry until 2020. Talent retention is a particular concern for large businesses (35%), compared to one in three (29%) small and medium-sized businesses.

20th August 2019

Graphite Capital acquires global conference specialist Hanson Wade

Graphite Capital, a leading UK mid-market private equity specialist, has backed the management buy-out of Hanson Wade, the market-leading conference organiser and provider of information services, focused primarily on the pharmaceutical and biotech industries.

Hanson Wade’s management team is led by Tom Richardson, who has overseen a period of rapid expansion since being appointed chief executive in 2015. Between 2016 and 2018, the company’s portfolio of events almost doubled to 108 and its revenues increased by 117% to £22.6 million.

19th August 2019

Appnovation Receives £9.3m in Equity Financing

Appnovation has received £9.3m in equity financing from a joint partnership between the Canadian Business Growth Fund (CBGF) and the UK’s BGF. The investment will allow Appnovation to accelerate its international growth and expansion strategy, spurring jobs and economic growth in Canada, the UK and beyond.


Appnovation is a full-service digital consultancy, focused on delivering meaningful business outcomes that drive innovation, growth and ultimately value for its clients. Through digital strategy and a deep industry focus across a variety of verticals (including some of the largest financial services and pharmaceutical companies in the world),Appnovation’s expertise with user-centric, design-led experiences and open technology platforms, helps brands to better engage their customers.

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