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: what do private equity investors look for in a business?
We explain what private equity investors look for in the businesses they invest in, from your growth plan to your management team.
BGF explains: buy and build
We explain what ‘buy and build’ means and why businesses choose to pursue this kind of strategy