BGF reinvests in Barburrito and Xercise4Less

UK-based Business Growth Fund (BGF) has announced two investments of follow-on capital into two of its portfolio companies. It has re-invested in Mexican street food chain, Barburrito and budget gym chain, Xercise4Less.

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Wells Fargo Capital Finance to provide $8.4 mln to Workshare

Workshare has inked an agreement to receive a $8.4 million credit facility from Wells Fargo Capital Finance, which is part of Wells Fargo Bank. Workshare develops secure enterprise collaboration apps. Its backers include Business Growth Fund and Scottish Equity Partners.

BGF backs VTL Group

Business Growth Fund has backed VTL Group, a manufacturer of precision-engineered components for the automotive industry. This is BGF’s 10th investment in the manufacturing sector and its first in the automotive industry.

Business Growth Fund Expands Regional Teams

UK-based Business Growth Fund has appointed Matt Widdall as a senior investment manager based in its Manchester office and Greg Norman as an investment manager in its Bristol office. They will be responsible for identifying investable local businesses and working with them to achieve their growth plans.

BGF’s Springfield Homecare Services Acquires Positive Life Choices

Springfield Homecare Services, part of Springfield Healthcare Group, has completed the acquisition of Positive Life Choices, a domiciliary care business based in Newcastle upon Tyne, UK. Springfield Homecare is a provider of domiciliary care in Yorkshire and Humberside and is backed by Business Growth Fund.

Business Growth Fund Backs Peyton and Byrne

UK-based Business Growth Fund has invested 6.25 million pounds ($10 million) of growth capital for a minority stake in London-based Peyton and Byrne. The restaurant group is a retail bakery and events business.

BGF Hires Head of Portfolio

UK-based Business Growth Fund has appointed John Swarbrick as head of portfolio. He will be joining immediately to play a key role in overseeing BGF’s rapidly growing portfolio of high growth entrepreneurial businesses. Business Growth Fund was set up to help Britain’s smaller and medium sized businesses

Wear Inns Adds Two More Managed Pubs to Portfolio

Wear Inns, a company focused on acquiring and managing a chain of community pubs across the North of England, has acquired a further two premises from the Orchid Pub Group. The company acquired nine pubs from TCG Bars in July 2012, so has completed a total of 11 acquisitions only five months after receiving a £10 million funding package from NVM Private Equity and Business Growth Fund. This will bring Wear Inns’ managed pub estate to a total of 26 premises.

Business Growth Fund Backs Welsh Scaffolding Business

Business Growth Fund has invested 5.4 million pounds ($8.8 million) growth capital in Swanbridge Hire and Sales, a provider of industrial scaffolding services, based in Barry, South Wales. This is the fourth investment to be led by BGF’s regional team for the South West of England and South Wales.

BGF Backs Specialist Footcare Provider

UK-based Business Growth Fund has invested 3 million pounds ($4.8 million) of growth capital in Shuropody, a UK-based specialist footcare provider. Midlands-based Shuropody has local branches in Birmingham, Coventry, Leamington Spa and Stratford-Upon-Avon. PRESS RELEASE Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized businesses, today announced that is […]

Wear Inns Acquires Part of TCG Pub Portfolio

Wear Inns, a company focused on acquiring and managing a chain of community pubs across the North of England, has purchased nine pubs from TCG Bars. This will bring Wear Inns’ managed pub estate to a total of 24 premises, with plans to acquire more in the near future. The acquisition comes two months after […]

UK Pub Chain Wear Inns Secures Growth Capital

UK investors Business Growth Fund and NVM Private Equity have committed a combined 10 million pounds ($16.1 million) of growth capital in acquisitive Northern pub chain, Wear Inns. BGF has invested 8 million pounds and NVM has invested a further 2 million pounds in the business, which it has backed since start-up in 2006. BGF […]

Business Growth Fund Commits to Scottish Tech Business

UK-based investor Business Growth Fund has committed 3.85 million pounds ($6.2 million) of growth capital in Glasgow based technology business M Squared Lasers. BGF will take a minority stake in the business and will join the existing board. PRESS RELEASE Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized […]

Business Growth Fund Backs Mexican Food Chain

Business Growth Fund, established to help fund UK small and medium sized businesses, has made its first investment in the North West, with a 3.25 million pounds ($5.21 million) investment in Mexican street food chain, Barburrito. Founded in 2005 by Manchester- based entrepreneurs, Morgan Davies and Paul Kilpatrick, Barburrito is a chain of fast-casual Mexican […]

BGF Appoints Talent Network Head

Business Growth Fund, a fund established to help the UK’s smaller and medium sized businesses, has appointed Cate Poulson as head of BGF’s talent network, to develop the firm’s relationships with a network of experienced business leaders. BGF is an independent company with capital of up to 2.5 billion pounds ($3.9 billion), backed by five […]

UK’s BGF Backs GCI Com

UK-based Business Growth Fund has backed its first Midlands deal. GCI Telecom Group is an independent telecoms and data services provider, led by Midlands based IT and communications entrepreneur, Wayne Martin. BGF has invested 10 million pounds ($15.8 million) of equity capital to support GCI Com’s organic growth and acquisition strategy, in return for a […]

Unruly Raises $25M From Amadeus, Business Growth Fund, Van Den Ende

Unruly said it raised $25 million in a Series A investment from Amadeus Capital Partners, Van den Ende & Deitmers and Business Growth Fund. The London-based social video advertising company said it has a revenue run-rate approaching $50 million with full year 2011 revenue reaching $25 million and has been profitable since 2009. PRESS RELEASE […]

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