UK investor company, BGF, is continuing its expansion in the region following a record year of investing into companies headquartered in the South West and South Wales.
The Bristol team, who earlier this year moved into new premises at 10 Queen Square in central Bristol, has invested over £50m during the past 12 months across seven new businesses and two existing portfolio companies. The most recent investments include Cornwall-based Seasalt, Devon-based Lightfoot and Bristol-based Molson.
BGF’s Ned Dorbin said: “2018 has been an incredibly active year with our team transacting a record number of deals, bringing the total local investment to £150m. The investments we have made demonstrate the full breadth of our capability, working with small and large companies and a variety of different growth strategies.
“We are very much looking forward to welcoming the management teams and non-executives we work with, as well as our wider network, to our new offices. We encourage them to use the space as a modern and convenient location to conduct their own meetings and events.
“BGF has firmly established its presence in Bristol, and our network continues to grow in the South West. The new office and the continued growth of our portfolio reflects our commitment to the region, and the strength of opportunity here.”