London Equity firm secures £30m funding from British Business Investments

A commercial subsidiary of the British Business Bank has announced a £30m commitment to London based Mobeus Equity Partners to its Fund V.

London based Mobeus provides capital to smaller companies, to support their growth and take an equity stake, alongside existing management teams.

The fund, provided by British Business Investments, will support such management teams in growing their business and the capital will be used to fund capital investment or acquisitions.

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, investing up to £20m in UK SMEs across all sectors.

Judith Hartley, CEO of British Business Investments, said: “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.”

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