BGF has exited from its investment in London-based fire safety consultancy BB7, with the business now part of Certania Group. The exit generated 3x MM return on BGF’s investment and 21% IRR.
During the course of the investment, BB7 implemented a buy-and-build strategy, including the acquisition of Manchester-based Omega Fire and Ireland-based Goldsmith Engineering. BGF also supported the business in expanding its senior leadership team, introducing new systems and processes, and implementing more detailed decision-making.
BB7 operates from 10 offices and employs nearly 200 people. Founder and CEO of BB7 Ben Bradford will assume the role of Chief Executive Officer in the buildings and infrastructure division of Certania Group.
BGF has also recently exited Monodraught, Brisant Secure, Braidwater Group, Panthera Biopartners and OrganOx.
