The Bridges Sustainable Growth Funds have completed their fourth investment this year, backing Manchester-based Tier 1 – a pioneering circular economy business that specialises in refurbishing and recycling used IT hardware. Tier 1 is helping to tackle a growing global challenge: electronic waste. According to the UN, 54m tonnes of e-waste was produced globally in […]
Read moreThis year, the Bridges Positive Impact Award – our category at the Growing Business Awards, intended to recognise growth businesses that are having a positive impact on people or the planet – was awarded to Inovus Medical. Bridges’ Kyle Bentwood discusses why the pioneering healthcare business stood out. Back in 2012, when Elliot Street and […]
Read moreWe’re delighted to announce that Elysian Capital has acquired a majority stake in Wholebake, the healthy snack bar manufacturer that has created over a hundred jobs at its BRC AA-accredited production facilities in North Wales. This new investment represents a successful exit for the Bridges Sustainable Growth Funds, which initially invested in Wholebake in 2014. […]
Read moreWe’re pleased to announce that Bridges has exited its investment in The Vet, the UK-based affordable veterinary services provider, to trade buyer CVS Group. Bridges created The Vet in 2013 (in partnership with founder/CPO Jane Baldwin), recognising that while the number of pet owners was growing steadily, many were finding it hard to access quality […]
Read moreWe’re delighted to announce that Bridges has invested in Talking Talent, a business that helps organisations to build more diverse, inclusive and equitable, work cultures for everyone via coaching and leadership consulting programmes. Working with progressive organisations, Talking Talent focuses on retention and career progression of under-represented employees, including women, ethnically diverse groups and working […]
Read moreWe’re delighted to announce that Eva Sarma has joined Bridges Evergreen, our impact-driven long-term equity fund, as an Investment Director. Eva previously spent 11 years at 3i, latterly as a Director in the UK private equity team. More recently she was Chief Operating Officer and Company Secretary of Level 20, a not-for-profit organisation that champions […]
Read moreWe are delighted to announce that Bridges has sold a majority stake in World of Books, the market-leading technology company, to private equity investor Livingbridge, delivering a highly successful exit for Bridges Sustainable Growth Fund III. In 2016, Bridges was selected as the preferred bidder for World of Books in a very competitive process, thanks […]
Read moreWe’re delighted to announce that Bridges Evergreen has acquired a majority stake in Skills Training UK, an independent skills training provider. Skills Training UK is one of the leaders in its sector: it has a long track record of growth and achievement in the design and delivery of employer-responsive apprenticeships and individual-focused skills programmes that […]
Read moreGEV Wind Power (“GEV”), one of the world’s leading wind turbine repair and maintenance providers, has merged with Danish business Wind Power Lab (“WPL”), a leader in providing intelligent technology-based blade solutions to wind park operators. GEV provides field blade repair and maintenance services to wind farm manufacturers and operators in the UK, Europe […]
Read moreThe Impact Classification System (ICS) is a self-assessment and reporting tool for investment practitioners developed through the IMP+ACT Alliance, a two-year technology project facilitated by our field-building arm Bridges Insights. Launched in June 2020, the ICS aggregates information about sustainability-related disclosures of investments and brings them into a consistent digital reporting format. Following the successful […]
Read moreWe’re using the TCFD’s recommendations to improve our climate-related financial disclosures. The Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) has developed recommendations for voluntary climate-related financial disclosures that are consistent, comparable, reliable, clear, and efficient – and as such provide decision-useful information for lenders, insurers, and investors. In March 2020, we publicly […]
Read moreBridges is delighted to announce a new partnership with Matrix Telematics (“Matrix”), a fleet telematics and software provider that helps to improve driver safety, prevent accidents and reduce emissions. The investment values the business at over £60m. Bridges is backing the existing management team led by CEO Mark Packman, who founded Matrix in 2001 alongside […]
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