Michelmores has advised BGF, the UK and Ireland’s most active growth capital investor, on a significant investment in tech firm Kubus, a leading technology value-added reseller (VAR) based in Cirencester, Gloucestershire.
BGF, an exceptionally active equity investor in its field, provides long-term, minority investment to growing companies. This significant investment by BGF will support Kubus in accelerating the firm’s business growth, helping to expand its service offerings, and drive innovation as a trusted partner for blue chip businesses and public sector organisations worldwide.
As well as financial investment, Kubus – whose turnover already boasts an impressive £35M – will be able to leverage BGF’s expertise and resources to grow the business through targeted acquisitions, enhance marketing and sales capabilities to reach a broader audience, strengthen operational infrastructure to support increased demand, and to explore new market opportunities and strategic partnerships.
The Michelmores team advising on the deal was led by Partner Adam Kean, alongside Partner Francesca Hubbard, Associate Ben Adams, Solicitor Harry Jones, all from the Firm’s Corporate team, as well as Senior Associate Danielle Collett-Bruce from the Firm’s Banking, Restructuring & Insolvency team.
Adam Kean comments:
“This is a very significant milestone for both BGF and Kubus, and we’re thrilled to have been able to support BGF through this transaction to a successful completion. The investment in Kubus will facilitate the accelerate their global growth plans, innovate faster, and deliver greater value to Kubus customers – we wish both BGF and Kubus all the very best on their promising journey and new partnership.”
Edwin Davies, Investor at BGF, adds:
“We’d like to thank Adam and the entire team at Michelmores for guiding us through this fantastic growth journey, which enables us to invest in Kubus and support their vision for the future. The team’s experience and knowledge of the sector was hugely helpful and with our exciting latest investment, Kubus are now well-positioned to capitalise on the strong market opportunities ahead.”
Michelmores’ award-winning Corporate team of specialist lawyers advises clients across the UK and beyond – on capital markets, mergers and acquisitions, management buyouts, impact investing, energy projects, microfinance initiatives and more. Read more here.
