GCI used BGF funding to successfully support its buy-and-build strategy, acquiring 12 companies to become the UK’s largest privately-owned ICT service provider.
During our investment period, GCI’s revenues doubled to over £100m and grew its team from 150 to 500 people. BGF also provided input into the appointment of four C-suite hires, including a CTO and CMO.
The business was successfully acquired by Mayfair Private Equity in 2018.