The alternative finance group, Business Growth Fund, has announced its tenth manufacturing investment by awarding £4m to VTL Group a manufacturer of precision engineered parts for the automotive industry.
Business Growth Fund provides minority equity investments in UK-based firms with high growth potential. It will invest in any strategically-sound business with a turnover of between £5 and £100m. Its growth equity investments can range between £2m and £10m. BGF also provides non-executive expertise and strategic guidance to its investment subjects. At VTL Group, Michael…
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