35:
1950:
1940:
1920:
1900:
1890:
1930:
1910:
246:, founding CEO, said that a new organisation was needed because 3i’s business model, in line with the private equity industry generally, had evolved to focus on large buyout deals, meaning it had less of a focus on providing growth capital to small and mid-sized businesses.
225:, who had argued for the creation of an organisation to provide equity funding to help close a perceived funding gap for small and mid-sized businesses. A shortfall in funding for small and mid-sized businesses in the UK had been identified as long ago as 1931 by the
982:
311:
In 2013, Welton was appointed as an adviser to the government regarding the establishment of the
British Business Bank, and, in 2017, he was invited to join the Industry Panel for the UK Government’s Patient Capital Review.
174:
From a network of 16 offices in the UK and
Ireland, the company has invested more than ÂŁ3 billion in more than 400 small and mid-sized companies. Around three-quarters of its investments have been in companies based outside
717:
577:
1820:
340:
BGF invests in a range of companies including start-ups, growth-stage businesses and quoted companies across almost every region and sector of the UK and Irish economy, barring financial services.
1398:
971:
1979:
1893:
1994:
1989:
921:
373:, which develops lasers and photonic optical instruments, received funding from BGF in 2012. BGF exited the majority of its shareholding in the company in 2020 when the
1391:
1073:
669:
1974:
947:
186:
BGF typically takes minority, non-controlling shareholdings in investee companies. BGF has completed more than 150 exits by selling businesses in its portfolio.
1467:
897:
847:
441:
1024:
820:
1953:
1384:
1294:
742:
1865:
394:
found there were 21,400 growth economy companies in the UK in 2018, defined as fast-growing businesses that report turnover of between ÂŁ2.5-100 million.
249:
In 2017, BGF opened an office in Dublin to administer a €250 million fund to invest in small and mid-sized Irish companies. The Irish fund is backed by
1984:
334:
BGF typically invests as a minority, non-controlling shareholder. Investments are usually structured as ordinary shares, loan notes or a combination.
872:
795:
609:
1136:
268:
BGF’s model has been replicated in Canada with the
Canadian Business Growth Fund, launched in 2018 and backed by financial institutions including
468:
343:
BGF has been recognised as the most active growth investor in the world by number of investments, averaging about one investment a week.
1687:
1682:
1111:
363:
Social video advertising platform Unruly received financing from BGF in a funding round announced in 2012. The business was acquired by
1590:
215:
397:
BGF provides an alternative source of funding for these companies, which have traditionally relied on bank loans to finance growth.
390:
has described the market segment of small and mid-sized companies in which BGF seeks to invest as “the growth economy”. Research by
374:
262:
1269:
1475:
1452:
1923:
1665:
337:
When an investment is sold, the returns are reinvested in the fund. This model has been called an “evergreen balance sheet”.
304:
Andy
Gregory has been chief executive officer of BGF since 1 September 2022. He took over from Stephen Welton, formerly of
1933:
1903:
1913:
1670:
331:
as “long-term investment in innovative firms led by ambitious entrepreneurs who want to build large-scale businesses”.
1500:
1495:
1490:
1485:
1480:
1161:
308:, who led BGF since inception in 2011. From 1 January 2023, Welton will serve as non-executive chair of the business.
1547:
1049:
718:"Sir Nigel Rudd and Stephen Welton say new investment fund will create 'opportunities that don't currently exist'"
683:
643:
578:"Sir Nigel Rudd and Stephen Welton say new investment fund will create 'opportunities that don't currently exist'"
320:
BGF typically makes initial investments of between ÂŁ2-15 million, with the possibility for follow-on investments.
1757:
1707:
1645:
1605:
1552:
1943:
1860:
1855:
1840:
1835:
1790:
289:
1542:
1850:
1815:
1712:
207:
93:
1767:
1675:
825:
553:
414:
273:
232:
BGF was seen as a successor to the
Industrial and Commercial Finance Corporation (ICFC), set up by the
1795:
1580:
1457:
269:
1212:
1870:
1732:
1640:
1635:
1631:
1585:
582:
226:
1344:
1244:
999:
502:
1845:
1805:
1742:
1737:
1575:
1067:
663:
250:
211:
180:
97:
922:"New advisory hires for government's business bank includes BGF chief executive Stephen Welton"
1810:
1537:
1532:
1527:
1442:
1220:
693:
478:
357:
305:
281:
280:. In 2019, the Australian Business Growth Fund was launched with backing from banks including
1650:
1519:
1430:
769:
618:
370:
1295:"Coronavirus: ÂŁ15bn fund essential to avert 'economic catastrophe', historian Seldon warns"
1186:
34:
1830:
1752:
1600:
1562:
1437:
1411:
324:
254:
233:
168:
53:
360:
in 2020 when it completed a funding round valuing the business at more than $ 1 billion.
221:
The launch followed lobbying of both
Conservative and Labour politicians by businessman
1999:
1655:
1570:
1447:
1407:
774:
387:
243:
111:
1968:
1762:
1747:
1727:
1615:
1376:
898:"Investor BGF undertakes 'organisational evolution' with string of executive changes"
848:"Investor BGF undertakes 'organisational evolution' with string of executive changes"
442:"Investor BGF undertakes 'organisational evolution' with string of executive changes"
1875:
1800:
1772:
1717:
1610:
446:
1660:
747:
328:
258:
203:
89:
1825:
1595:
222:
1224:
1162:"Gousto becomes lastest [sic] UK tech 'unicorn' after lockdown surge"
697:
482:
1722:
1320:
688:
473:
364:
17:
1213:"News Corp's ÂŁ58m Unruly acquisition shows 'high caliber' of UK tech scene"
796:"Growth fund backed by big banks looking to pick up the pace of investment"
1299:
1137:"Gousto raises ÂŁ9m with backing of Business Growth Fund and MMC Ventures"
507:
293:
277:
195:
81:
1112:"Stephen Welton, BGF Q&A: 'We want to help you make a quantum leap'"
948:"Investor BGF targets injecting ÂŁ100m equity into ambitious businesses"
648:
604:
285:
1425:
419:
353:
176:
1087:
622:
529:
120:
469:"BGF's Stephen Welton, the constant gardener of budding Bransons"
821:"Big banks to pump $ 100 million each into business growth fund"
199:
85:
1380:
1270:"Glasgow 'quantum developer' raises ÂŁ32.5m from major backers"
391:
1000:"Walker Precision Engineering secures second BGF investment"
503:"Walker Precision Engineering secures second BGF investment"
237:
873:"Stephen Welton to be Appointed Executive Chairman of BGF"
171:
for small and mid-sized businesses in the UK and
Ireland.
1371:
1345:"Business Growth Fund plugs equity gap for entrepreneurs"
743:"New €250m fund aims to take equity stakes in Irish SMEs"
356:
first received funding from BGF in 2015. Gousto became a
145:
770:"Investor BGF opens Cork office to target Munster firms"
972:"Financing growth in innovative firms: consultation"
605:"The MacMillan Gap and the Shortage of Risk Capital"
1781:
1700:
1624:
1561:
1518:
1509:
1466:
1418:
140:
130:
118:
104:
77:
59:
49:
41:
1980:Financial services companies established in 2011
1050:"UK small business fund looks to fill bank gap"
644:"UK small business fund looks to fill bank gap"
1048:MacLellan, Douwe Miedema, Kylie (2012-05-16).
642:MacLellan, Douwe Miedema, Kylie (2012-05-16).
1392:
240:. BGF has been described as the “modern 3i”.
8:
1894:Private equity and venture capital investors
1245:"Laser firm M Squared secures funding boost"
1187:"Unruly gets $ 25M to fuel global expansion"
1072:: CS1 maint: multiple names: authors list (
668:: CS1 maint: multiple names: authors list (
27:
1995:Venture capital firms of the United Kingdom
1025:"Business Growth Fund | Barclays Corporate"
1990:Private equity firms of the United Kingdom
1929:
1909:
1866:Taxation of private equity and hedge funds
1683:Private investment in public equity (PIPE)
1515:
1399:
1385:
1377:
33:
26:
167:, is an investment company that provides
610:Journal of the Royal Statistical Society
406:
1065:
661:
1975:British companies established in 2011
263:the Ireland Strategic Investment Fund
7:
554:"New Growth Fund opens for business"
415:"New Growth Fund opens for business"
684:"Business big shot: Richard Bishop"
25:
375:Scottish National Investment Bank
265:and BGF’s existing shareholders.
236:in 1945 and subsequently renamed
161:BGF Investment Management Limited
1985:Investment in the United Kingdom
1949:
1948:
1939:
1938:
1928:
1919:
1918:
1908:
1899:
1898:
1889:
1888:
988:from the original on 2019-02-26.
1666:Publicly traded private equity
1:
1934:List of venture capital firms
1211:McGoogan, Cara (2015-09-16).
946:McDonald, Gary (2020-12-22).
163:, established in 2011 as the
1914:List of private equity firms
1671:Business Development Company
819:Wright, Shane (2019-11-26).
352:Recipe box delivery company
327:, which has been defined by
194:BGF was founded in 2011 by
65:; 13 years ago
2016:
1758:High-net-worth individuals
1548:Leveraged recapitalization
768:Healy, Alan (2020-02-20).
214:banks, in the wake of the
1884:
1646:Limited liability company
1606:Venture capital financing
1553:Dividend recapitalization
1029:www.barclayscorporate.com
896:Reid, Scot (2022-07-18).
846:Reid, Scot (2022-07-18).
440:Reid, Scot (2022-07-18).
32:
367:for ÂŁ58 million in 2015.
1713:Institutional investors
290:National Australia Bank
1851:Liquidation preference
1816:Distribution waterfall
1768:Sovereign wealth funds
208:Royal Bank of Scotland
94:Royal Bank of Scotland
1924:Venture capital firms
1676:Venture capital trust
826:Sydney Morning Herald
377:became a shareholder.
274:Toronto-Dominion Bank
216:2008 financial crisis
1904:Private equity firms
1632:Private equity firms
1581:Post-money valuation
1458:Equity co-investment
1321:"The Growth Economy"
877:www.prnewswire.co.uk
270:Royal Bank of Canada
165:Business Growth Fund
45:Business Growth Fund
1954:Portfolio companies
1871:Undercapitalization
1723:Insurance companies
1641:Limited partnership
1586:Pre-money valuation
722:The Daily Telegraph
603:Lord Percy (1955).
583:The Daily Telegraph
347:Notable investments
316:Investment approach
227:Macmillan Committee
132:Number of employees
29:
1806:Capital commitment
1576:Business incubator
1543:Buy–sell agreement
388:Sir Anthony Seldon
382:The growth economy
323:The firm provides
306:JP Morgan & Co
212:Standard Chartered
181:South East England
98:Standard Chartered
1962:
1961:
1811:Capital structure
1696:
1695:
1538:Divisional buyout
1533:Management buyout
1528:Financial sponsor
282:Commonwealth Bank
158:
157:
16:(Redirected from
2007:
1952:
1951:
1942:
1941:
1932:
1931:
1922:
1921:
1912:
1911:
1902:
1901:
1892:
1891:
1753:Commercial banks
1743:Investment banks
1651:Carried interest
1516:
1419:Investment types
1401:
1394:
1387:
1378:
1372:Official website
1359:
1358:
1356:
1355:
1341:
1335:
1334:
1332:
1331:
1317:
1311:
1310:
1308:
1307:
1291:
1285:
1284:
1282:
1281:
1266:
1260:
1259:
1257:
1256:
1241:
1235:
1234:
1232:
1231:
1208:
1202:
1201:
1199:
1198:
1183:
1177:
1176:
1174:
1173:
1158:
1152:
1151:
1149:
1148:
1133:
1127:
1126:
1124:
1123:
1108:
1102:
1101:
1099:
1098:
1084:
1078:
1077:
1071:
1063:
1061:
1060:
1045:
1039:
1038:
1036:
1035:
1021:
1015:
1014:
1012:
1011:
996:
990:
989:
987:
976:
968:
962:
961:
959:
958:
943:
937:
936:
934:
933:
918:
912:
911:
909:
908:
893:
887:
886:
884:
883:
868:
862:
861:
859:
858:
843:
837:
836:
834:
833:
816:
810:
809:
807:
806:
792:
786:
785:
783:
782:
765:
759:
758:
756:
755:
738:
732:
731:
729:
728:
714:
708:
707:
705:
704:
680:
674:
673:
667:
659:
657:
656:
639:
633:
632:
630:
629:
600:
594:
593:
591:
590:
574:
568:
567:
565:
564:
550:
544:
543:
541:
540:
526:
520:
519:
517:
516:
499:
493:
492:
490:
489:
464:
458:
457:
455:
454:
437:
431:
430:
428:
427:
411:
154:
151:
149:
147:
123:
114:, Sir Nigel Rudd
73:
71:
66:
37:
30:
21:
2015:
2014:
2010:
2009:
2008:
2006:
2005:
2004:
1965:
1964:
1963:
1958:
1944:Angel investors
1880:
1831:High-yield debt
1784:financial terms
1783:
1777:
1692:
1620:
1601:Startup company
1557:
1511:
1505:
1462:
1414:
1412:venture capital
1405:
1368:
1363:
1362:
1353:
1351:
1343:
1342:
1338:
1329:
1327:
1319:
1318:
1314:
1305:
1303:
1293:
1292:
1288:
1279:
1277:
1268:
1267:
1263:
1254:
1252:
1243:
1242:
1238:
1229:
1227:
1210:
1209:
1205:
1196:
1194:
1185:
1184:
1180:
1171:
1169:
1160:
1159:
1155:
1146:
1144:
1141:Growth Business
1135:
1134:
1130:
1121:
1119:
1116:Growth Business
1110:
1109:
1105:
1096:
1094:
1086:
1085:
1081:
1064:
1058:
1056:
1047:
1046:
1042:
1033:
1031:
1023:
1022:
1018:
1009:
1007:
998:
997:
993:
985:
974:
970:
969:
965:
956:
954:
945:
944:
940:
931:
929:
926:Growth Business
920:
919:
915:
906:
904:
895:
894:
890:
881:
879:
870:
869:
865:
856:
854:
845:
844:
840:
831:
829:
818:
817:
813:
804:
802:
794:
793:
789:
780:
778:
767:
766:
762:
753:
751:
740:
739:
735:
726:
724:
716:
715:
711:
702:
700:
682:
681:
677:
660:
654:
652:
641:
640:
636:
627:
625:
623:10.2307/2342517
602:
601:
597:
588:
586:
576:
575:
571:
562:
560:
552:
551:
547:
538:
536:
528:
527:
523:
514:
512:
501:
500:
496:
487:
485:
466:
465:
461:
452:
450:
439:
438:
434:
425:
423:
413:
412:
408:
403:
384:
349:
325:patient capital
318:
302:
255:Bank of Ireland
234:Bank of England
192:
169:venture capital
144:
136:180 (2021)
133:
119:
107:
69:
67:
64:
54:Venture capital
23:
22:
15:
12:
11:
5:
2013:
2011:
2003:
2002:
1997:
1992:
1987:
1982:
1977:
1967:
1966:
1960:
1959:
1957:
1956:
1946:
1936:
1926:
1916:
1906:
1896:
1885:
1882:
1881:
1879:
1878:
1873:
1868:
1863:
1858:
1853:
1848:
1843:
1838:
1833:
1828:
1823:
1818:
1813:
1808:
1803:
1798:
1793:
1787:
1785:
1779:
1778:
1776:
1775:
1770:
1765:
1763:Family offices
1760:
1755:
1750:
1748:Merchant banks
1745:
1740:
1735:
1730:
1725:
1720:
1715:
1710:
1704:
1702:
1698:
1697:
1694:
1693:
1691:
1690:
1685:
1680:
1679:
1678:
1673:
1663:
1658:
1656:Management fee
1653:
1648:
1643:
1638:
1628:
1626:
1622:
1621:
1619:
1618:
1613:
1608:
1603:
1598:
1593:
1588:
1583:
1578:
1573:
1571:Angel investor
1567:
1565:
1559:
1558:
1556:
1555:
1550:
1545:
1540:
1535:
1530:
1524:
1522:
1513:
1507:
1506:
1504:
1503:
1498:
1493:
1488:
1483:
1478:
1472:
1470:
1464:
1463:
1461:
1460:
1455:
1450:
1445:
1440:
1435:
1434:
1433:
1422:
1420:
1416:
1415:
1408:Private equity
1406:
1404:
1403:
1396:
1389:
1381:
1375:
1374:
1367:
1366:External links
1364:
1361:
1360:
1336:
1312:
1286:
1261:
1236:
1203:
1178:
1153:
1128:
1103:
1079:
1040:
1016:
991:
963:
952:The Irish News
938:
913:
888:
863:
838:
811:
787:
775:Irish Examiner
760:
741:Brennan, Joe.
733:
709:
675:
634:
595:
569:
545:
521:
494:
467:Evans, Peter.
459:
432:
405:
404:
402:
399:
386:The historian
383:
380:
379:
378:
368:
361:
348:
345:
317:
314:
301:
298:
244:Stephen Welton
223:Sir Nigel Rudd
191:
188:
156:
155:
142:
138:
137:
134:
131:
128:
127:
124:
116:
115:
112:Stephen Welton
110:Andy Gregory,
108:
105:
102:
101:
79:
75:
74:
61:
57:
56:
51:
47:
46:
43:
39:
38:
24:
14:
13:
10:
9:
6:
4:
3:
2:
2012:
2001:
1998:
1996:
1993:
1991:
1988:
1986:
1983:
1981:
1978:
1976:
1973:
1972:
1970:
1955:
1947:
1945:
1937:
1935:
1927:
1925:
1917:
1915:
1907:
1905:
1897:
1895:
1887:
1886:
1883:
1877:
1874:
1872:
1869:
1867:
1864:
1862:
1859:
1857:
1854:
1852:
1849:
1847:
1844:
1842:
1839:
1837:
1834:
1832:
1829:
1827:
1824:
1822:
1819:
1817:
1814:
1812:
1809:
1807:
1804:
1802:
1799:
1797:
1794:
1792:
1789:
1788:
1786:
1780:
1774:
1771:
1769:
1766:
1764:
1761:
1759:
1756:
1754:
1751:
1749:
1746:
1744:
1741:
1739:
1736:
1734:
1731:
1729:
1728:Fund of funds
1726:
1724:
1721:
1719:
1718:Pension funds
1716:
1714:
1711:
1709:
1706:
1705:
1703:
1699:
1689:
1686:
1684:
1681:
1677:
1674:
1672:
1669:
1668:
1667:
1664:
1662:
1659:
1657:
1654:
1652:
1649:
1647:
1644:
1642:
1639:
1637:
1633:
1630:
1629:
1627:
1623:
1617:
1616:Venture round
1614:
1612:
1609:
1607:
1604:
1602:
1599:
1597:
1594:
1592:
1589:
1587:
1584:
1582:
1579:
1577:
1574:
1572:
1569:
1568:
1566:
1564:
1560:
1554:
1551:
1549:
1546:
1544:
1541:
1539:
1536:
1534:
1531:
1529:
1526:
1525:
1523:
1521:
1517:
1514:
1508:
1502:
1499:
1497:
1494:
1492:
1489:
1487:
1484:
1482:
1479:
1477:
1476:Early history
1474:
1473:
1471:
1469:
1465:
1459:
1456:
1454:
1451:
1449:
1446:
1444:
1441:
1439:
1436:
1432:
1429:
1428:
1427:
1424:
1423:
1421:
1417:
1413:
1409:
1402:
1397:
1395:
1390:
1388:
1383:
1382:
1379:
1373:
1370:
1369:
1365:
1350:
1346:
1340:
1337:
1326:
1322:
1316:
1313:
1302:
1301:
1296:
1290:
1287:
1275:
1274:BusinessCloud
1271:
1265:
1262:
1250:
1246:
1240:
1237:
1226:
1222:
1218:
1214:
1207:
1204:
1192:
1188:
1182:
1179:
1167:
1163:
1157:
1154:
1142:
1138:
1132:
1129:
1117:
1113:
1107:
1104:
1093:
1089:
1083:
1080:
1075:
1069:
1055:
1051:
1044:
1041:
1030:
1026:
1020:
1017:
1005:
1001:
995:
992:
984:
980:
973:
967:
964:
953:
949:
942:
939:
927:
923:
917:
914:
903:
899:
892:
889:
878:
874:
867:
864:
853:
849:
842:
839:
828:
827:
822:
815:
812:
801:
800:financialpost
797:
791:
788:
777:
776:
771:
764:
761:
750:
749:
744:
737:
734:
723:
719:
713:
710:
699:
695:
691:
690:
685:
679:
676:
671:
665:
651:
650:
645:
638:
635:
624:
620:
616:
612:
611:
606:
599:
596:
585:
584:
579:
573:
570:
559:
555:
549:
546:
535:
531:
525:
522:
510:
509:
504:
498:
495:
484:
480:
476:
475:
470:
463:
460:
449:
448:
443:
436:
433:
422:
421:
416:
410:
407:
400:
398:
395:
393:
389:
381:
376:
372:
369:
366:
362:
359:
355:
351:
350:
346:
344:
341:
338:
335:
332:
330:
326:
321:
315:
313:
309:
307:
299:
297:
295:
291:
287:
283:
279:
275:
271:
266:
264:
260:
256:
252:
247:
245:
241:
239:
235:
230:
228:
224:
219:
217:
213:
209:
205:
201:
197:
189:
187:
184:
182:
178:
172:
170:
166:
162:
153:
143:
139:
135:
129:
125:
122:
117:
113:
109:
103:
99:
95:
91:
87:
83:
80:
76:
62:
58:
55:
52:
48:
44:
40:
36:
31:
19:
1876:Vintage year
1801:Capital call
1773:Crowdfunding
1708:Corporations
1611:Venture debt
1352:. Retrieved
1348:
1339:
1328:. Retrieved
1324:
1315:
1304:. Retrieved
1298:
1289:
1278:. Retrieved
1276:. 2020-11-23
1273:
1264:
1253:. Retrieved
1251:. 2012-05-01
1248:
1239:
1228:. Retrieved
1216:
1206:
1195:. Retrieved
1193:. 2012-01-06
1190:
1181:
1170:. Retrieved
1168:. 2020-11-02
1165:
1156:
1145:. Retrieved
1143:. 2015-12-07
1140:
1131:
1120:. Retrieved
1118:. 2019-08-06
1115:
1106:
1095:. Retrieved
1091:
1088:"What we do"
1082:
1057:. Retrieved
1053:
1043:
1032:. Retrieved
1028:
1019:
1008:. Retrieved
1006:. 2018-11-29
1003:
994:
978:
966:
955:. Retrieved
951:
941:
930:. Retrieved
928:. 2013-01-23
925:
916:
905:. Retrieved
902:The Scotsman
901:
891:
880:. Retrieved
876:
866:
855:. Retrieved
852:The Scotsman
851:
841:
830:. Retrieved
824:
814:
803:. Retrieved
799:
790:
779:. Retrieved
773:
763:
752:. Retrieved
746:
736:
725:. Retrieved
721:
712:
701:. Retrieved
687:
678:
653:. Retrieved
647:
637:
626:. Retrieved
614:
608:
598:
587:. Retrieved
581:
572:
561:. Retrieved
557:
548:
537:. Retrieved
533:
530:"What we do"
524:
513:. Retrieved
511:. 2018-11-29
506:
497:
486:. Retrieved
472:
462:
451:. Retrieved
447:The Scotsman
445:
435:
424:. Retrieved
418:
409:
396:
385:
342:
339:
336:
333:
322:
319:
310:
303:
267:
248:
242:
231:
220:
193:
185:
173:
164:
160:
159:
121:Total assets
18:BGF Ventures
1738:Foundations
1661:Pledge fund
1453:Secondaries
1191:TBK Consult
748:Irish Times
329:HM Treasury
259:Ulster Bank
204:Lloyds Bank
90:Lloyds Bank
1969:Categories
1826:Envy ratio
1733:Endowments
1596:Seed money
1510:Terms and
1354:2021-02-22
1349:www.ft.com
1330:2021-02-22
1306:2021-02-22
1280:2021-02-22
1255:2021-02-22
1230:2021-02-22
1197:2021-02-22
1172:2021-02-22
1147:2021-02-22
1122:2021-02-22
1097:2021-02-22
1059:2021-02-22
1034:2021-02-22
1010:2021-02-22
957:2021-02-22
932:2021-02-22
907:2022-10-14
882:2021-02-22
857:2022-10-14
832:2021-02-22
805:2021-02-22
781:2021-02-22
754:2021-02-22
727:2021-02-22
703:2021-02-22
655:2021-02-22
628:2022-10-14
617:(1): 1–7.
589:2021-02-22
563:2022-10-14
539:2022-10-14
515:2021-02-22
488:2021-02-22
453:2022-10-14
426:2021-02-22
401:References
300:Leadership
106:Key people
1796:Cap table
1701:Investors
1625:Structure
1443:Mezzanine
1431:Leveraged
1225:1357-0978
1068:cite news
698:0140-0460
689:The Times
664:cite news
483:0140-0460
474:The Times
371:M Squared
365:News Corp
1846:Leverage
1782:Related
1512:concepts
1300:Sky News
1249:BBC News
1217:Wired UK
1004:BBC News
983:Archived
508:BBC News
294:ANZ Bank
278:Manulife
196:Barclays
82:Barclays
78:Founders
50:Industry
42:Formerly
1856:M&A
1563:Venture
1468:History
1438:Venture
1054:Reuters
649:Reuters
358:unicorn
286:Westpac
190:History
141:Website
68: (
60:Founded
1821:EBITDA
1520:Buyout
1448:Growth
1426:Buyout
1223:
1166:CityAM
979:GOV.UK
696:
558:GOV.UK
481:
420:GOV.UK
354:Gousto
177:London
126:ÂŁ2.5bn
2000:Funds
1636:funds
1501:2020s
1496:2010s
1491:2000s
1486:1990s
1481:1980s
986:(PDF)
975:(PDF)
871:BGF.
1688:SPAC
1634:and
1591:SAFE
1410:and
1221:ISSN
1074:link
694:ISSN
670:link
479:ISSN
292:and
276:and
210:and
200:HSBC
179:and
148:.bgf
100:bank
96:and
86:HSBC
70:2011
63:2011
1861:PME
1841:IRR
1836:IPO
1791:AUM
1325:BGF
1092:BGF
619:doi
615:118
534:BGF
392:PwC
251:AIB
152:.uk
150:.co
146:www
28:BGF
1971::
1347:.
1323:.
1297:.
1272:.
1247:.
1219:.
1215:.
1189:.
1164:.
1139:.
1114:.
1090:.
1070:}}
1066:{{
1052:.
1027:.
1002:.
981:.
977:.
950:.
924:.
900:.
875:.
850:.
823:.
798:.
772:.
745:.
720:.
692:.
686:.
666:}}
662:{{
646:.
613:.
607:.
580:.
556:.
532:.
505:.
477:.
471:.
444:.
417:.
296:.
288:,
284:,
272:,
261:,
257:,
253:,
238:3i
229:.
218:.
206:,
202:,
198:,
183:.
92:,
88:,
84:,
1400:e
1393:t
1386:v
1357:.
1333:.
1309:.
1283:.
1258:.
1233:.
1200:.
1175:.
1150:.
1125:.
1100:.
1076:)
1062:.
1037:.
1013:.
960:.
935:.
910:.
885:.
860:.
835:.
808:.
784:.
757:.
730:.
706:.
672:)
658:.
631:.
621::
592:.
566:.
542:.
518:.
491:.
456:.
429:.
72:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
