Latest News - British Business Investments

24 March 2021

British Business Investments announces new £10m commitment to Co-Fund NI through Regional Angels Programme

British Business Investments, a commercial subsidiary of the British Business Bank, has committed £10m to Co-Investment Fund (Co-Fund) NI helping to provide growth capital to early stage, high potential smaller businesses in Northern Ireland.

16 March 2021

MML Ireland Announces Close of €135 Million Private Equity Fund Raised for Investment in Irish SMEs

MML Growth Capital Partners Ireland (“MML Ireland”) announces today that it has successfully closed its second private equity investment fund at €135 million.

27 January 2021

British Business Investments announces new £10m commitment to Syndicate Room

British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £10m commitment to Cambridge-based venture capitalist Syndicate Room. The £10m commitment from British Business Investments’ Regional Angels Programme will be invested by Syndicate Room, which is one of the most active early stage investors in the UK.

19 January 2021

British Business Investments commits €40m to Claret Fund III at first close

British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has completed a commitment of €40m to the first close of Harbert/Claret European Growth Capital Fund III. Other investors include the European Investment Fund. The fund will provide growth debt to early stage, fast growing, technology focused smaller businesses in the UK and Europe.

22 December 2020

Liberis adds £70m funding and venture debt to grow embedded business finance platform and help SMEs weather the COVID storm

Liberis, a leading global embedded business finance platform, has secured £70m in financing from long-term partners British Business Investments, Paragon Bank, BCI Europe, as well as financing and venture debt from new partner Silicon Valley Bank (SVB). This brings Liberis’ total funds raised to £200m total, including over £50m in equity funding. The new funds will be used to fuel company growth, launch new products and markets, and provide additional customer financing solutions.

11 December 2020

British Business Investments announces new £25m commitment to Haydock Finance

British Business Investments (BBI), a commercial subsidiary of the British Business Bank, today announces a £25 million commitment to asset finance specialist, Blackburn-based Haydock Finance Ltd. The three-year funding commitment is structured as a block discounting facility and will help Haydock continue to grow its asset finance division, providing hire-purchase, leasing and refinance for business assets to smaller businesses wanting to invest and grow.

26 November 2020

Newable Ventures and Bristol Private Equity Club secure £10m commitment from British Business Investments

Newable Ventures and Bristol Private Equity Club (BPEC) have secured £10m in new funding from British Business Investments, a commercial subsidiary of the British Business Bank, to fund early stage businesses across the UK. The £10m commitment from British Business Investments’ Regional Angels Programme will be invested by Newable Ventures, in partnership with BPEC, to deliver around £25m of new funding.

11 November 2020

British Business Investments – Full year results for the period ending 31 March 2020

British Business Investments supports the development of more diverse debt and equity finance markets throughout the UK. To increase the choice of finance for SMEs, British Business Investments provides funding to a wide range of finance providers – including peer to peer lenders, small-cap private debt funds, challenger banks, asset finance providers, equity funds-of-funds and regionally-based early stage investors.

11 November 2020

British Business Investments – Annual Report 2020

Key highlights include: A record year of 15 commitments totalling £547m, including to nine new delivery partners. In its sixth year of operation, cumulative commitments are up 26% year-on-year to over £2.5bn. British Business Investments is supporting more than 37,000 small and medium sized businesses across the UK, an increase of nearly 9% year-on-year.

10 November 2020

British Business Investments announces new £15m commitment to Compass Business Finance

British Business Investments, a commercial subsidiary of the British Business Bank, today announces a new commitment to Compass Business Finance enabling an increased flow of asset finance products into UK-based smaller businesses in the print, packaging and manufacturing sectors. The commitment to Compass Business Finance, from British Business Investment’s Investment Programme, amounts to £15m of block discounting funding.