APSU delivers IBM solutions, with services covering technical consultancy, managed services, cloud hosting and physical co-location.
BGF invested £7m in APSU in October 2014. This funding helped to accelerate recruitment and drive expansion in the UK and overseas, increasing revenue and strengthening APSU’s relationship with IBM through the introduction of non-executive chair Bernie Waldron.
The UK business of APSU was acquired by CSI Group in November 2015, providing new funding for its US business and enabling the founder to pursue growth in the US market.
BGF’s funding allowed us to accelerate growth, strengthen our team, broaden the product and service offerings
and most importantly to expand our international presence.
Business funding insights
BGF explains: initial public offerings (IPOs)
We explain what’s meant by an initial public offering (IPO), also known as listing or ‘going public’.
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