What's Happening?
BGF has successfully exited its investment in BB7, a fire safety consultancy operating across the UK and Ireland. The exit generated a 3x MM return on BGF's investment and a 21% IRR. During the partnership,
BGF supported BB7 in executing a buy-and-build strategy, expanding its leadership team, and enhancing its data-driven decision-making processes. BB7, now part of Certania Group, operates from ten offices and employs nearly 200 people.
Why It's Important?
BGF's exit from BB7 underscores the firm's ability to deliver strong returns through strategic investments in high-quality businesses. The successful partnership highlights the importance of growth capital and strategic support in building resilient and leading companies. This exit is part of a series of strong performances by BGF, reflecting the firm's role in fostering business growth and innovation. Stakeholders, including investors and business leaders, benefit from BGF's approach to investment and partnership.
What's Next?
BB7's integration into Certania Group marks a new chapter for the consultancy, with potential for further growth and expansion. The firm's focus on fire safety and façade engineering positions it well for future opportunities in the building and infrastructure sectors. As BB7 continues to evolve, it may explore new markets and technologies to enhance its service offerings and industry leadership.
Beyond the Headlines
BGF's investment strategy emphasizes collaboration with management teams to build businesses of real quality. This approach not only delivers financial returns but also contributes to the development of industry-leading companies. The partnership with BB7 highlights the value of strategic support in achieving ambitious business goals and fostering innovation.