BGF invested in Intrapharm in August 2014 and supported the company's acquisition of three specialist pharma companies: Peckforton Pharmaceuticals, Alvedon, Aquamax.
Following a period of sustained growth, with revenues increasing from £4m p.a. at the point of BGF’s investment to £12m in November 2015, the business was acquired by German pharmaceutical company RIEMSER Pharma GmbH. BGF exited its minority equity stake in the business, with all shareholders realising a strong return.
Business funding insights
An independent optician with the vision to grow
Royston Bayfield, Bayfields Opticians, and Chris Boyes, an investor in BGF’s Yorkshire team, talks about the ins and outs of seeking and securing growth funding.
What is venture capital and when is it right for your business?
We look at the rise of venture capital in the UK, the types of businesses receiving support, and the pros and cons of this method of funding a business.