BGF invests £7m in managed service provider

Quick Summary:

ITC Service, an IT managed service provider, has secured a £7m investment from BGF.

BGF was set up in 2011 and has invested £4bn in over 600 companies, making it the most active investor in the UK.

As part of the investment, Lee Shorten will join the board as non-executive chair.

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Article Details

Author / Journalist: Chris Maguire

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment Services Managed “with Client Growth Christopher Service Potts Support Peter

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:56:12 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 312 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 23735691

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Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 4 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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