Investments
18Portfolio Exits
3Funds
5Partners & Customers
2About British Business Bank Investments
British Business Bank Investments is the commercial arm of British Business Bank plc. BBBI makes investments into providers of finance to smaller business in the UK.
British Business Bank Investments Headquarter Location
Third floor, Fleetbank House 2-6 Salisbury Square
London, England, EC4Y 8JX,
United Kingdom
Latest British Business Bank Investments News
Jun 16, 2021
North West most active region for British Business Bank investments outside London in 2020 The data has been revealed in the latest Small Business Equity Tracker Sign up to FREE email alerts from BusinessLive North West Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with our Privacy Notice. Thank you for subscribingWe have more newsletters Show me See our privacy notice The North West was the most active region for British Business Bank equity investments outside of London last year, according to new data. The Small Business Equity Tracker has revealed the region was second only to London with the proportion of equity deals completed by British Business Bank supported funds – accounting for 10% of all bank supported fund deals. Last year the bank put a record £8.8bn into 2,044 small businesses nationally. The total value of equity investments in the wider market in the North West reached £270m across 117 announced deals. The Small Business Equity Tracker, which is compiled annually and is in its seventh year, also revealed that regional imbalances were moving in the right direction. In the overall equity market, the proportion of deals going to companies in London has reduced from 50% in 2015 to 47% in 2020. The volume of equity deals from the British Business Bank going to companies in London reduced further from 63% in 2015 to 42% in 2020. Sign up for your free BusinessLive North West newsletter BusinessLive is your home for business news from around the North West- and you can stay in touch with all the latest news from Greater Manchester, Liverpool City Region, Cheshire, Lancashire and Cumbria through our email alerts . You can sign up to receive daily morning news bulletins from every region we cover and to weekly email bulletins covering key economic sectors from manufacturing to technology and enterprise. And we'll send out breaking news alerts for any stories we think you can't miss. By bringing together North West coverage with that from across Reach’s titles in England and Wales, BusinessLive will shine a spotlight on the entrepreneurs, the stars of the future and the small firms that are the backbone of our economy. Visit our email preference centre to sign up to all the latest news from BusinessLive. Dr Sophie Dale-Black, UK network director, North of England at British Business Bank, said: "The North West continues to be a hotbed for innovation with a rising number of quality tech and life sciences businesses that are fit for equity investment. "At one end of the scale, we are seeing lots of strong early-stage companies that are securing equity finance, then at the other end of the scale there are tech unicorns like The Hut Group that are pulling in multi-billion-pound valuations listing on the stock market. "While the latest figures are moving in the right direction and do address the regional imbalances in access to finance, more needs to be done to support ambitious businesses in the regions. Read More
British Business Bank Investments Investments
18 Investments
British Business Bank Investments has made 18 investments. Their latest investment was in Simply as part of their Debt on December 12, 2021.
British Business Bank Investments Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/17/2021 | Debt | Simply | $397.13M | Yes | 2 | |
10/26/2021 | Unattributed | Sofant Technologies | $1.16M | Yes | 2 | |
1/5/2021 | Convertible Note | eMoneyHub | $0.82M | Yes | 1 | |
10/30/2019 | Line of Credit | |||||
9/19/2019 | Line of Credit - III |
Date | 12/17/2021 | 10/26/2021 | 1/5/2021 | 10/30/2019 | 9/19/2019 |
---|---|---|---|---|---|
Round | Debt | Unattributed | Convertible Note | Line of Credit | Line of Credit - III |
Company | Simply | Sofant Technologies | eMoneyHub | ||
Amount | $397.13M | $1.16M | $0.82M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 2 | 1 |
British Business Bank Investments Portfolio Exits
3 Portfolio Exits
British Business Bank Investments has 3 portfolio exits. Their latest portfolio exit was Plenti on August 03, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/3/2020 | Acquired | 12 | |||
Date | 8/3/2020 | ||
---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 12 |
British Business Bank Investments Fund History
5 Fund Histories
British Business Bank Investments has 5 funds, including Midlands Engine Investment Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/22/2018 | Midlands Engine Investment Fund | 1 | |||
12/11/2017 | Shard Credit Partners Fund I | ||||
9/21/2016 | 21st Enterprise Capital Fund | ||||
Managed Funds Programme | |||||
British Patient Capital |
Closing Date | 2/22/2018 | 12/11/2017 | 9/21/2016 | ||
---|---|---|---|---|---|
Fund | Midlands Engine Investment Fund | Shard Credit Partners Fund I | 21st Enterprise Capital Fund | Managed Funds Programme | British Patient Capital |
Fund Type | |||||
Status | |||||
Amount | |||||
Sources | 1 |
British Business Bank Investments Partners & Customers
2 Partners and customers
British Business Bank Investments has 2 strategic partners and customers. British Business Bank Investments recently partnered with Liberis on March 3, 2016.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/22/2016 | Partner | United Kingdom | British Business Bank Partners With Liberis British Business Bank Investments Limited partners with Liberis to support funding for smaller UK businesses . | 2 | |
12/11/2015 | Partner |
Date | 3/22/2016 | 12/11/2015 |
---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | United Kingdom | |
News Snippet | British Business Bank Partners With Liberis British Business Bank Investments Limited partners with Liberis to support funding for smaller UK businesses . | |
Sources | 2 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.