Bloom Procurement was founded in 2011 by the executive chairman, Adam Jacobs and has a unique proposition as the only independent marketplace for the public sector to buy and manage contracts. Bloom compliantly awards public sector contracts to its dynamic supplier base across a wide range of professional service categories.
BGF stood out to us as an investment partner because of their approach to minority equity investment and the fact they take a long-term view. This combination was very attractive to us as a business. The team demonstrated a good understanding of our business and market together with a clear track record of successful investments in a similar space and of businesses at a comparable stage of their growth journey. The investment allows us to invest in the development of our technology and bolster our senior talent in order to achieve our goals.Adam Jacobs, Founder
Business funding insights
A decade of hard work coming to fruition? Just look at our investments and exits
Far from slowing down as a result of the coronavirus pandemic, BGF’s investment activity has stepped up both in pace and volume.
Exit strategies: how to get the timing and valuation right
More than 100 BGF-backed businesses have achieved exits. Our panel of experts discuss the exit strategies that are proven to succeed.