"BGF has reported a strong year of investment and exit activity in 2025, underpinned by landmark portfolio realisations, robust trading performance and continued backing for founders across the UK and Ireland. The growth capital investor returned more than £600 million during the year, delivering a money multiple of over 2x, and paid a £75 million dividend to shareholders. The performance was driven by a series of high-profile exits, led by the sale of OrganOx, which generated BGF's largest-ever return."
"BGF had supported OrganOx (pictured) with six follow-on investments, and the exit valued the business at $1.5 billion, delivering £175 million of proceeds. The transaction is one of the largest medtech exits on record in the UK. Additional exits during the year included green technology specialist Monodraught and uPVC sash window manufacturer Victorian Sliders, both of which delivered substantial returns."
"Investment activity was also robust. BGF deployed £416 million in 2025, comprising 23 new growth investments, five early-stage investments and 45 follow-on rounds. This equated to £280 million into new growth deals, £25 million into early-stage businesses and £111 million in follow-on capital. Notable new investments included £15 million into Nottingham-based Cronofy to support product development and international expansion; a £30 million investment in London-based TMT ID to accelerate US growth and enhance its mobile identity and fraud prevention technology;"
BGF returned more than £600 million in 2025, achieving a money multiple of over 2x and paying a £75 million dividend to shareholders. The largest return came from the sale of OrganOx, valued at $1.5 billion and delivering £175 million of proceeds, alongside exits including Monodraught and Victorian Sliders. Growth portfolio companies increased revenues by more than 10% on average, with EBITDA growth exceeding 20%. BGF deployed £416 million across 23 new growth investments, five early-stage deals and 45 follow-ons, including notable investments in Cronofy, TMT ID and Cruden to support product development, international expansion and sustainable housing delivery.
Read at Business Matters
Unable to calculate read time
Collection
[
|
...
]