BGF provides £7m in growth capital for a minority stake in the network support provider.
"The mobile telecoms market is currently experiencing a period of unprecedented activity driven by a combination of the introduction of 4g services and the consolidation of the operators’ radio networks as they strive to improve customer experience through both coverage and quality of service whilst controlling and minimising their future operating expenditure."
BGF has acquired a minority stake and a board seat in the precision component manufacturer.
"BGF has invested in a number of exciting manufacturing businesses to date and it is fantastic to be able to welcome VTL into this group. Employing over 300 skilled staff in the UK alone, VTL is a prime example of a Yorkshire manufacturing firm with its heart in the UK and operations across the globe."
Business Growth Fund has provided growth capital to back the Scottish toiletries manufacturer.
"Everyone working at Arran Aromatics is deeply passionate about the brand and incredibly proud of its global recognition. After the hard work by all of our employees over the past four years, there is a new confidence in the business. BGF’s growth capital investment will go towards brand development, upgrading our IT infrastructure, investing in our retail estate and allow for a significant investment in our e-commerce capabilities to drive our online business."
BGF backed the retail print supplier with growth capital to expand its technological capabilities.
"I think that many people would look at the physical printing business with some trepidation given how much of the market is moving online. What impressed us with Chris, Mike and the wider team at York Mailing was their ability to build a profitable and growing company by targeting a niche area within the sector that is in demand and expanding rapidly. Consistently investing in the latest innovative printing technology and acquiring underperforming assets and turning them round has enabled the management team to secure a market leading position. It’s a great example of a proven and dynamic management team with a clear plan to grow their business."
International venture capital firm Beringea led a £2m investment round to support InSkin Media as it expands its technology formats and overseas operations.
"We have a strong track record of investment in the media sector, and are keen to back small, private, UK-based media companies such as InSkin Media. ISM has a clear market offering, a strong management team and real growth aspirations. We are very pleased to be working with Hugo, who has exactly the right experience to take InSkin Media into its next period of growth"