Business Growth Fund

Business Growth Fund is an influential investor in small and mid-sized businesses. It was set up in 2011 to offer growing companies and ambitious entrepreneurs patient capital and strategic support. With 14 offices, they are close and relevant to the businesses they invest in. They have grown to a team of 150+ and a network that’s made up of one of the largest pools of board-level executives. Collectively, the companies in their portfolio employ close to 50,000 people. They want to see more entrepreneurs using their capital not only to scale-up their own business but also, collectively, to drive economic activity and with it increase employment, exports, and growth.

Tireni Ajilore

Investor

Dennis Atkinson

Investor

James Baker

Investor

Aaron Baker

Investor

Keith Barclay

Investor

Euan Baxter

Investor

Josh Bean

Investor

David Bellis

Investor

Tim Bittleston

Chairman

Chris Boyes

Investor

Graham Clarke

Investor

Olly Cutting

Investor

Rhys Davenport

Investor

John Devine

Investor

Ned Dorbin

Investor

Fiona Dornan

Investor

Ian Downing

Investor

Lucy Edwardes-Jones

Investor

Isabella Fox

Investor

Alex Garfitt

Investor

Paddy Graham

Investor

Gemma Hamilton

Investor

Nathan Heath

Investor

Joe Higgins

Investor

Nick Holder

Investor

Tom Horton

Investor

Rob Johnson

Investor

Chris Jones

Investor

Kamel Kasem

Investor

Zahir Kasmani

Investor

Elena Kovalikhina

Investor

Aoife McAdam

Investor

Thomas McDonnell

Investor

Valerie McGrane

Investor

Pinesh Mehta

Investor

Chris Morgan

Investor

Chris Nixon

Investor

Guy Pope

Investor

Richard Pugh

Investor

Liam Pursall

Investor

Sebastian Saywood

Investor

Lauren Sharpe

Investor

Bethany Shiers

Investor

James Skade

Investor

Joanne Smith

Investor

Daina Spedding

Investor

Georgina Stratton

Investor

Adele Sung

Investor

Daniel Tapson

Investor

Jack Teasdale

Investor

Hannah Waters

Investor

Spencer Woods

Investor

Past deals in Business Development

Optima Partners

Venture Round in 2022
Optima Partners is a management consultancy specialising in marketing.
Research & Development Specialists specialise in working with businesses to help them identify & claim their Research & Development (R&D) tax credit / refund from HMRC.

Antser

Venture Round in 2021
Provider of training and consultancy services intended to serve the social care, health and education sectors. The company's self-serve software enables partners to understand local, regional and national trends or service issues on an actual and predictive basis and supports informed, proactive planning and delivery of vital services for vulnerable children, adults and families.

Gaist Holdings

Venture Round in 2021
The company, which is based in InfoLab21 on the Lancaster University campus, will use the capital to expand its fleet of specialist vehicles and invest in research and development, creating a further 15 jobs for the region.

Desana

Seed Round in 2021
Desana Network Limited, founded in 2016 and based in Scotland, develops software that provides on-demand access to a global network of flexible workspaces. Originally known as Shoal Community Ltd, the company rebranded in January 2019 to better reflect its mission. As the nature of office space usage evolves, Desana addresses the inefficiencies of traditional office leases that often result in wasted resources. By offering a solution that enables companies to reduce reliance on inflexible office arrangements, Desana aims to enhance workforce efficiency and employee satisfaction, allowing individuals to work wherever and whenever they need.

AND Digital

Venture Round in 2021
AND Digital is a new way for digital delivery. With AND Digital there’s a certain buzz. It’s the buzz of brilliant, curious people set free to imagine the impossible. A hubbub of ‘what ifs?’, ‘why nots?’ and ‘let’s trys’ all working together to push boundaries and create the future of digital for some of the world’s leading brands. In a nutshell, we help our clients reach their digital aspirations. We do this in three ways; first we transform their digital delivery functions, second, we provide additional super-powered people into those teams and lastly, we upskill clients’ permanent team members with our one stop shop digital learning Academy. Simple. www.and.digital

AND Digital

Venture Round in 2020
AND Digital is a new way for digital delivery. With AND Digital there’s a certain buzz. It’s the buzz of brilliant, curious people set free to imagine the impossible. A hubbub of ‘what ifs?’, ‘why nots?’ and ‘let’s trys’ all working together to push boundaries and create the future of digital for some of the world’s leading brands. In a nutshell, we help our clients reach their digital aspirations. We do this in three ways; first we transform their digital delivery functions, second, we provide additional super-powered people into those teams and lastly, we upskill clients’ permanent team members with our one stop shop digital learning Academy. Simple. www.and.digital

BioCity

Private Equity Round in 2019
BioCity Group is a business incubator that specializes in supporting the creation and development of life science companies, including those in the bioscience, pharmaceutical, med-tech, and healthcare sectors. Established in 2002 and based in Nottingham, United Kingdom, BioCity Group operates bioscience business centers, providing essential business support, laboratory facilities, and office spaces to emerging companies in these fields. As a subsidiary of BioCity Group Ltd, BioCity Nottingham Ltd plays a key role in fostering innovation and growth within the life sciences industry.

Paddle

Series B in 2018
Paddle.com Market Limited offers a Revenue Delivery Platform tailored for Software-as-a-Service (SaaS) companies, facilitating growth in customer acquisition, renewals, and expansion. Founded in 2012 and based in London, the company provides a comprehensive solution that allows users to sell software while managing essential processes such as customer acquisition, free trial management, recurring billing, customer support, and compliance with international sales taxes. Paddle also functions as a reseller of software and digital content for developers, serving a diverse range of software and digital businesses, including those focused on desktop applications and subscription-based products. With a team of approximately 140 employees, Paddle supports over 2,000 software sellers across 245 countries and territories, positioning itself as a key player in the B2B SaaS market.

DevOpsGroup

Seed Round in 2018
DevOpsGroup is a next-generation technology company. We empower Enterprise & Scale-up organisations to achieve more in the digital economy by modernising IT. Our experts simplify complex theory into practical advice and solutions, equipping your internal teams with modern technology, working-practices and knowledge enabling IT to exceed business expectations.

DevOpsGroup

Venture Round in 2018
DevOpsGroup is a next-generation technology company. We empower Enterprise & Scale-up organisations to achieve more in the digital economy by modernising IT. Our experts simplify complex theory into practical advice and solutions, equipping your internal teams with modern technology, working-practices and knowledge enabling IT to exceed business expectations.

Gaist Holdings

Venture Round in 2018
The company, which is based in InfoLab21 on the Lancaster University campus, will use the capital to expand its fleet of specialist vehicles and invest in research and development, creating a further 15 jobs for the region.

Paddle

Series B in 2017
Paddle.com Market Limited offers a Revenue Delivery Platform tailored for Software-as-a-Service (SaaS) companies, facilitating growth in customer acquisition, renewals, and expansion. Founded in 2012 and based in London, the company provides a comprehensive solution that allows users to sell software while managing essential processes such as customer acquisition, free trial management, recurring billing, customer support, and compliance with international sales taxes. Paddle also functions as a reseller of software and digital content for developers, serving a diverse range of software and digital businesses, including those focused on desktop applications and subscription-based products. With a team of approximately 140 employees, Paddle supports over 2,000 software sellers across 245 countries and territories, positioning itself as a key player in the B2B SaaS market.

Direct Online Services

Venture Round in 2016
Direct Online Services Ltd began with a dream: to promote the beauty of solid wood products online, coupling the best in modern technology with sustainability, excellent quality, fast delivery and affordability.

Paddle

Series A in 2016
Paddle.com Market Limited offers a Revenue Delivery Platform tailored for Software-as-a-Service (SaaS) companies, facilitating growth in customer acquisition, renewals, and expansion. Founded in 2012 and based in London, the company provides a comprehensive solution that allows users to sell software while managing essential processes such as customer acquisition, free trial management, recurring billing, customer support, and compliance with international sales taxes. Paddle also functions as a reseller of software and digital content for developers, serving a diverse range of software and digital businesses, including those focused on desktop applications and subscription-based products. With a team of approximately 140 employees, Paddle supports over 2,000 software sellers across 245 countries and territories, positioning itself as a key player in the B2B SaaS market.

BVG Group

Venture Round in 2015
BVG Group is a true multichannel retailer selling via online, B2B distribution, catalogues, off page, newspaper reader offers, marketplace and digital advertising. Each year the group distributes over 20 million catalogues and places over 3,700 pages in national newspapers and our online activities result in over 30 million visits to our websites a year.

BHR Group

Venture Round in 2014
BHR Group is an independent technology organisation providing engineering consultancy, industrial research and product development services based on its core expertise in fluids engineering. We apply our knowhow to develop or improve innovative designs, process and products for customers across many industrial sectors around the world.
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