Datascope Systems, a provider of software and hardware solutions to the global construction sector, has secured a multi-million pound investment from BGF, one of the largest and most experienced growth capital investors in the UK and Ireland.
Founded by Adrian Butt, the Chester-based company has built a strong reputation for developing construction site management solutions, which help to drive efficiencies, enabling site managers, planners and contractors to digitally manage site attendance, logistics, permits and project planning, as well as ensuring contractors are compliant with safety and regulatory obligations.
The funding from BGF will allow the high-growth business to accelerate its ambitious growth strategy – both in the UK and internationally across infrastructure, residential and commercial markets.
The deal was led by Pinesh Mehta, Josh Bean and Elle Swire, investors in BGF’s Manchester team. As part of the investment, Geoffrey Finlay will join the board as non-executive chair (NXC). Geoffrey is a highly successful and award-winning chair and former CEO of FTSE, NASDAQ and PE-backed technology companies, including Logistyx Technologies and Navitas.
