Snapshot
In today’s top story, Real Deals speaks to BGF investor Richard Pugh about the GP’s exit of Scottish IT firm Kick ICT.
After only two years, BGF is handing the reins over to LDC.
But why so soon after backing the firm in 2021? The rapid progress in the business meant all parties were able to realise their objectives ahead of schedule, according to Pugh.
“The completion of two acquisitions while continuing strong organic growth in the core business meant there was an option for all shareholders to consider a transaction earlier than we had initially planned,” he says. “BGF’s flexibility on the timing of returns was a real benefit here.”
To find out more about how the investor scored such a quick success, read our top story below.
Xhulio Ismalaj
Reporter
xhulio.ismalaj@realdealsmedia.com