Solid Solutions is a leading reseller of 3D CAD software package SolidWorks. The business used our funding to make three acquisitions, and significantly expand its product and service capabilities.
In the 18 months following BGF’s initial investment, group revenues doubled and the business now generates an annual turnover in excess of £50m. BGF also introduced Solid Solutions Colin Garrett, former Chairman of Centiq Ltd and BGF-backed Blue Light Card, who joined the business as NXC.
Following a period of significant organic growth, Solid Solutions was successfully acquired by LDC in 2020.
With the support of BGF over the last three years, we have been able to grow significantly our existing activities and acquire complementary businesses that are now core to the Solid Solutions family. Alan Sampson, CEO
Business funding insights
BGF explains: Is private equity the best way to fund an M&A growth strategy?
What to consider when seeking private equity funding for acquisitive growth, from investment timelines to deal types and more
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.