Funding the Future: unlocking capital to power the growth we need12:00 am - 1:00 pm
Acro Aircraft Seating designs and manufactures economy airline seats for the low-cost carrier market. Its range includes both fixed and reclining seats, as well as premium economy seats.
During BGF’s investment, the business increased sales by around 20%, launched two new series of economy seats and won a contract with Airbus, extending its reach to newly built aircraft. Acro received the Queen’s Award for International Trade in 2015.
In 2017, Acro was acquired by Zhejiang Science and Technology Investment Company to help to accelerate Acro’s access to the Chinese market.
We have very much enjoyed working with BGF since their investment. They have been a supportive partner and helped us to scale up our team and infrastructure, placing us in a strong position for future growth.Chris Brady, CEO
Business funding insights
BGF explains: What is an equity sale?
We explain what is involved in an equity sale and consider the benefits for businesses that wish to raise capital.
BGF explains: What is a debt-to-equity ratio?
We explain what a debt-to-equity ratio is used for, how to calculate it, and how to gauge what is an appropriate level for your business.