BGF invested £3.6m in the Livingston-based Stevenswood, a manufacturer of windows and doors, in February 2015.
During our investment period, the company expanded its network of trade counters from five to 15 throughout Scotland and doubled its revenues within the first 18 months.
BGF successfully exited in November 2016 when the business was acquired by Polyframe Trade Centres Limited.
The growth capital and expertise that BGF brought to the table really helped us to expand our business much more quickly than we would have been able to on our own. BGF was also instrumental with our overall exit process.Ron Hepburn, CEO
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.