The first company backed by BGF, Benefex helps companies large and small to design, implement and manage their employee benefit and rewards schemes through technology solutions.
During BGF’s investment, the company expanded its product and service portfolio as well as operations in the USA and Asia-Pacific. In 2015, it was recognised in the London Stock Exchange’s 1000 Companies to Inspire Britain. Benefex has won over 50 awards for its services and supported over one million employees in 250 global organisations across 25 countries.
The business was acquired by Bain Capital in 2018.
Business funding insights
BGF explains: How long should it take to prepare your business for investment?
Few businesses are investor-ready from the outset. Here’s how long to set aside for each part of the journey.
The post-pandemic recovery: why equity investment must be part of the solution
The government’s plan for an ‘investment big bang’ is a step in the right direction. Unlocking DC pension investment is part of the solution.