BGF has invested in The Chemistry Group (TCG), the London-based disruptive HR consultancy.

TCG is a fast-growing talent strategy consultancy that increases the value of companies by improving the performance of their people.  Founded in 2003 by CEO Roger Philby on the belief that everybody should have the opportunity to be brilliant at work, the business partners with clients to understand their context and strategy, and to help business leaders answer the critical questions regarding their talent through data analytics, technology and behavioural science.

Calculus Capital has sold their investment in London-based marketing agency Once Upon a Time (OUAT) in a deal that netted investors an expected total return of 1.8x, excluding the tax benefits associated with investing through EIS.

Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has signed a pre-let agreement with its long-standing customer, dnata, promoting the continued growth of its industry-leading air cargo facility at dnata City East, located immediately south of Heathrow Airport. 

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.

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.

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.

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.

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.

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

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.

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

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.