British Business Investments announces new £30m commitment to Mobeus Equity Partners
Press release
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £30m commitment to UK focused small cap specialist, Mobeus Equity Partners to its Fund V.
Mobeus provide capital to smaller companies, to support their growth and take an equity stake, alongside existing management teams. The fund will support such management teams in growing their business and the capital will be used to fund capital investment or acquisitions.
British Business Investments aims to increase the supply and diversity of finance for smaller businesses across the UK by boosting the lending capacity of challenger banks and non-bank lenders. Since it was established in 2014, British Business Investments has committed over £2.5bn to providers of finance to UK smaller businesses.
Mobeus specialises in providing private capital solutions to high-growth businesses, with a 20-year track record, investing up to £20 million in UK SMEs across all sectors.
At British Business Investments, by supporting private capital providers such as Mobeus Equity Partners, we help companies across the UK to access the capital they need to grow. Judith Hartley CEO, British Business Investments
Notes to Editors
About British Business Investments
British Business Investments is the trading name of British Business Investments Ltd, a wholly-owned commercial subsidiary of British Business Bank plc, the UK government’s economic development bank. It forms part of the British Business Bank’s commercial arm.
British Business Investments aims to earn a commercial return by investing – through finance providers – in smaller businesses and small mid-caps, pursuing investments on a fully commercial basis without receiving any economic advantage from the government. Find out more at bbinv.co.uk.
British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such. Neither British Business Bank nor its principal operating subsidiaries are authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). A complete legal structure chart for British Business Bank plc and its subsidiaries can be found on the British Business Bank plc website.
The investment from British Business Investments to Mobeus Equity Partners does not amount to any endorsement or warranty from British Business Investments, the British Business Bank plc, or the government of the UK.
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