The Business Growth Fund (BGF) now has 25 portfolio companies, across a wide range of sectors. We present some of the other headline numbers as the fund looks to push on with the allocation of its £2.5 billion of capital.
Largest single investment: £10 million (Broadbandchoices.co.uk and GCI Com)
Smallest single investment: £2.25 million (Aubin)
Average investment size: £4.8 million
Number of different sectors invested in: 8 (consumer manufacturing, industrial manufacturing, consumer services & leisure, business & support services, technology, telecommunications, healthcare, media)
Median turnover of portfolio business: £10.2 million (largest – Statesman Travel (£86 million), smallest – Celaton (£2 million)
Combined revenues of portfolio: £361.7 million
Number of co-investments made: 4 (Magma, Unruly, Weir and SkyDox)
More from our exclusive Business Growth Fund roundtable:
- Taking on capital for acquisitions
- Marketing and new hires for companies after backing
- Capital expenditure for businesses post-investment
- Building out new products
- Video: Deciding when and how to take on backing
- Video: How acquisitions can accelerate growth
- The Business Growth Fund: Two years in numbers
- Stephen Welton: Entrepreneurs, don’t be afraid to ask for help
Amount of portfolio acquisitions: 19
Fastest deal completion: 22 days (M Squared)
Average age of portfolio company: 8 years
Number of non-executives appointed through BGF Talent Network: 17
Amount of people working within portfolio companies: 3,469
Number of new jobs created via investment: 277
Countries worldwide which portfolio companies are exporting to: 76
Number of awards won by portfolio companies or management team: 10
Average age of portfolio CEO: 45 years
Selection of Business Growth Fund deals:
- BGF makes maiden investment in Benefax
- Youngest company to date backed by BGF
- BGF enters Wales with SHS deal
- Wear Inns uses NVM and BGF cash to acquire pubs
- Barburrito gobbles up BGF capital
- Wow! Stuff gets £4.8 million to play with
GrowthBusiness has brought together four Business Growth Fund portfolio companies for an exclusive roundtable discussion. See above for links to content from the discussion.