General, News

BB7 now backed by BGF

We are delighted to announce that BGF now backs BB7 and our vision to become the leading fire and security advisory firm. The investment will accelerate our growth. We will also increase the depth and breadth of risk and resilience advisory services we offer our clients. For our people it will provide an opportunity to come on the journey and grow and develop with the company.

About BGF

BGF is the most active growth investor in the world. They are the UK and Ireland’s most active investor in growing businesses. An established and independent company, it has £2.5bn in funds to support growing companies across every region and sector of the economy.

Since it was set up in 2011, BGF has invested £1.9bn in more than 275 companies and has 14 local offices across the UK and Ireland. BGF is also the first investment company to be awarded a Queen’s Award for Enterprise in Innovation.

BGF provides long-term, patient capital that management teams use to execute their strategic plans. It is also able to provide significant further funding as the company continues to grow, helping to build the large businesses of tomorrow. Its investment activities are deeply rooted in its mission to help ambitious businesses reach their potential and it has successfully cultivated a culture built on trust, patience and partnership.

About BB7

“We are a trusted independent advisory firm that manages risk through the provision of strategic advice and innovative design, construction and management solutions. We specialise in fire and security to help our clients protect people, prosperity and our planet.

It is with great excitement that we welcome BGF as our equity partner as this will bring huge opportunities for our people and help us deliver an enhanced level of service to our clients.”


Our Client Relationships Going Forward

As a result of this investment, BB7 will become even better placed to serve our clients; both in terms of our service portfolio but also with regards to servicing even more locations across the UK and Ireland. Ahead of this multi-million pound investment, BB7 were put under the microscope and have proven ourselves to be a sound, financially resilient business. BGF will help take BB7 to new heights both nationally and internationally at a time when world class fire and security design, construction, and risk management advisory services are a much needed.

Rahul Satsangi, an investor at BGF said:

“Ben and BB7 are very well-regarded as industry-leading experts in fire and security, thanks to their deep understanding of the complex regulatory environment and quality of service. We’re delighted to back the team at such an exciting stage of growth”. 

BGF was set up in 2011 and has invested more than £1.9bn in over 275 companies, making it the most active investor in the UK and globally by number of transactions. On average, BGF invested in one company per week throughout 2018.

BGF has £2.5bn to invest in UK SMEs and in Ireland, and an additional €250m to support Irish businesses. Earlier this year, Canada launched its equivalent – the Canadian Business Growth Fund – based on BGF’s funding model, and Australia is now actively exploring the approach as well.

BGF is a minority, non-controlling equity partner with a patient outlook on investments, based on shared long-term goals with the management teams it backs.