What's Happening?
BGF has completed its exit from BB7, a London-based fire safety consultancy, following significant growth in the sector. During its partnership with BGF, BB7 expanded into the UK's largest specialist consultancy in fire and façade
engineering, supported by acquisitions such as Omega Fire and Goldsmith Engineering. The exit generated a three-times money multiple return and a 21% internal rate of return. BB7's founder, Ben Bradford, will now lead the Buildings and Infrastructure Division of Certania Group, continuing a buy-and-build strategy.
Why It's Important?
BGF's successful exit from BB7 underscores the potential for growth and profitability in the fire safety sector, driven by increasing demand for specialized engineering services. The strategic expansion and leadership changes position BB7 for continued growth under Certania Group, reflecting broader trends in the consultancy and engineering industries. This development may influence investment strategies and highlight the importance of innovation and strategic partnerships in achieving business success.
