News
BGF backs PMC to power growth in global commerce
The investment supports PMC’s ongoing expansion, providing technology services to over 120 retail and direct-to-consumer (D2C) brands around the world.
17 June 2025
PMC, a leading technology services provider, has secured investment from BGF — to support the expansion of its services to a growing commerce customer base, supporting their digital transformation, across both digital and physical platforms.
Founded in 2001, by Paul Mason, PMC provides consulting, professional services, digital engineering and managed services, to over 120 retail, commerce and technology customers, across 24 countries. The 500-strong team from the UK and India has built a strong and loyal customer base, with leading brands, such as WHSmith, National Express, Primark, Crew Clothing and World Duty Free, among many others.
The funding and expertise from BGF will support PMC in expanding its portfolio of digital engineering and managed services, globally. It will also enable PMC to invest in its Graphene Commerce Platform, which helps to accelerate business transformation and deliver truly integrated digital commerce solutions.
“BGF was a natural choice for us, as we take this next step in our growth journey. We look forward to working with their team closely, as we continue our global expansion and further develop our services for our growing commerce customer base.”
Richard Lowe
CEO of PMC
The business is in a growth phase and is investing in a new global centre of excellence, in Vadodara, India. The new facility will provide capacity to expand PMC’s talented team to over 1,000 people, globally, with dedicated customer teams.
Former Kingfisher executive Paul Worthington will remain on the company’s Board, as a Non-Executive Director, together with Founder Paul Mason.
“It was important to find a partner that really understood our approach to talent-driven transformation, and valued our culture, deep domain knowledge, customer-first mindset and global delivery ambition. The BGF team is fully supportive of and aligned to the incredible opportunity that the rapidly changing commerce technology landscape provides us.”
Paul Mason
Founder of PMC
The minority investment deal was led by Duncan Wade and Harry Kernick, Investors in BGF’s Reading team, who will both support the PMC Board and the wider leadership team’s ambitious growth strategy.
Duncan Wade, Investor at BGF, said: “PMC’s exceptional team of sector specialists deliver independent and mission-critical technology services to an impressive list of loyal customers, based across the globe. Under the leadership of Paul Mason as Founder, and Richard Lowe as CEO, the company has built a market-leading reputation, driving strong growth and investing in high-performing talent, in both India and the UK. We’re excited to support PMC in its next phase of growth, as it continues to develop and deliver trusted and innovative solutions to the retail, B2C/D2C and commerce markets.”
