Globalisation on pause? How scaleups can navigate today's uncertainty9:30 am - 10:30 am
BGF backs KCA Holdings in £5.3 million investment
Fast-growing technology group KCA Holdings (KCA) has announced a £5.3 million minority investment from BGF. The investment from BGF will enable KCA to accelerate investment into its subsidiary companies: Service Geeni, a leading service and workforce management software platform; and Cloud Geeni, a growing Cloud IT service.
KCA has grown significantly in the last three years, employing 95 people across its head office in Leigh, Greater Manchester and its development hub in Bengaluru (Bangalore), India.
Service Geeni helps medium to large service management companies maximise efficiency and service delivery through its leading software platform. It streamlines processes, optimises inventory control, applies intelligent multi-variable scheduling and resourcing, and visualises meaningful data.
Cloud Geeni is a Microsoft Gold Partner, supporting UK SMEs with private, cloud-based IT infrastructure solutions.
BGF’s investment will help KCA, led by CEO Jonathan Heaton, to increase the ongoing investment in software design and development, including continued enhancement of the user interface and experience, and enable more investment in cloud infrastructure and technology to accelerate delivery of more benefits to both existing and new customers.
The deal was led by Harry Jones and Josh Bean, investors in BGF’s Manchester team. As part of the deal, technology entrepreneur Arlene Adams will join the board as non-executive Chair. Arlene is best known as the founder of Peppermint Technology – a leading customer and business management platform used by law firms around the world.
CEO Jonathan Heaton said: “I had known of BGF for some time as they are very successful and active in the fast-paced technology sector. When they approached us, I was pleased that Harry, Josh and Arlene took the time to really get to know our management team and our business. They understand how we have successfully grown organically and can see how we can further accelerate customer efficiencies and benefits with additional investment.”
BGF will help us build on these foundations, enhancing what we do, delivering more benefits to more customers as we increase the pace of our next phase of growth. We’re looking forward to working with Arlene and the BGF team.
Jonathan Heaton, CEO at KCA Holdings
BGF investor Harry Jones, who will join the board as non-executive director, said: “KCA is an exciting and fast-growth technology company, in a sector that is growing rapidly. As we continue to adapt in a post-pandemic world, and workplaces evolve and investment in cutting-edge technology increases, Jonathan and his team have a crucial part to play in meeting the needs of companies across a diverse range of sectors. We’re delighted to be joining them on their growth journey and helping them realise their strategic objectives.”
We support a broad range of businesses across the technology sector, from mobile app developers to managed services, cloud computing, and more. BGF's network can be used to build new client relationships, while our expertise and funding can help accelerate your company's growth plans.
Business funding news
OSL receives £3.5 million follow-on investment as impressive growth continues
BGF has invested a further £3.5 million into leading counter-drone technologies business Operational Solutions Limited (OSL), taking its total investment…
ViaNautis raises £20 million Series A financing to drive the next generation of genetic nanomedicines
ViaNautis Bio, a ground-breaking nanomedicine company at the forefront of genetic therapies, has completed its Series A funding round, raising…