The UK’s ageing population and rise in chronic illnesses are driving increasing demand for medicines and associated healthcare services, placing ever-greater pressure on primary care provision within the NHS. The Hub pharmacy is a new community pharmacy group that aims to improve local health outcomes by providing preventative health services in underserved areas. Additional services […]
Read moreBabington Group helps to combat the skills shortage in the UK with its growing offering of high-quality apprenticeships and skills training in a variety of sectors, such as finance and accountancy, health and social care, retail and property services. While backed by Bridges, Babington supported over 32,000 learners, and helped over 3,700 formerly unemployed people […]
Read moreBridges is redeveloping 6 East Parade, a previously vacant office building in Leeds city centre, in partnership with Evenacre. The refurbishment will see the installation of a variety of energy-efficiency measures, reducing the building’s carbon footprint as well as costs to tenants, most of which will be small to medium enterprises. 6EP will also support […]
Read moreWe are delighted to announce that the Bridges Social Sector Funds won two (out of five) awards at the prestigious Cabinet Office Social Investment Awards 2016. Now in their second year, these awards are intended to “highlight the innovation and dedication of world-leading social investors and enterprises”. The Bridges Social Entrepreneurs Fund (SEF) won the […]
Read moreIn a piece for The Guardian, Tim Smedley explores how charities have found the experience of operating within a social impact bond structure. Kieran Gordon, chief executive of Career Connect, is among those to share his experiences of working on a SIB-funded programme – discussing the challenges of pricing outcomes, the added flexibility within service […]
Read moreThe Hub pharmacy, a community pharmacy group backed by the Bridges Sustainable Growth Fund III, has continued its buy-and-build strategy by acquiring its 11th site: the Market Street, Hyde branch of HBS Pharmacy. The branch is an excellent fit within the Hub group as it already offers a number of community-focused health services. Under its […]
Read moreAlina is a provider of homecare services with a focus on best practice and innovation The Care Division is a specialist provider of supported living services for people with learning and other disabilities in the South of England This is the fourth acquisition for Alina, which was founded in 2014 with backing from Bridges Ventures […]
Read moreBridges partner Brian Trelstad recently authored an article for the Harvard Business Review, where he outlined a framework to help potential investors think about how to invest for impact. In ‘Making Sense of the Many Kinds of Impact Investing’, Brian explains how an individual investor can examine their own impact preferences by thinking about the […]
Read moreThe MIINT is an experiential impact investing program for MBA students, with more than 600 students participating from across the globe It culminates in a finals day at The Wharton School of the University of Pennsylvania, where teams of students pitch a potential impact investment to a team of expert judges The MIT Sloan School […]
Read moreBabington is now one of the UK’s leading apprenticeship and traineeship providers Revenues have increased eight-fold under Bridges’ ownership During the period it has provided training to more than 32,000 learners and helped over 3,700 formerly unemployed people to find jobs Sale price of £22m represents an IRR of 33% for Bridges Bridges Ventures (“Bridges”) […]
Read moreBridges Ventures (“Bridges”), the specialist fund manager focused exclusively on sustainable and impact investment, has issued a white paper examining the way forward for social impact bonds (“SIBs”).
Read moreBridges recently sold the Babington Group, a leading UK provider of apprenticeships and traineeships, to RJD Partners for £22m, representing an internal rate of return for Bridges of 33%. We backed the business in 2009, as part of our Education and Skills impact theme. Since then, Babington has increased revenues eight-fold, while supporting over 32,000 […]
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