Member Article

Foresight celebrates £100 million investment in Midlands and is ready to support next wave of ambitious growing companies

·       To date, Foresight has invested £100 million into growing companies across a wide range of sectors throughout the Midlands 

·       Investments have created 775 high-quality, local jobs 

·       Foresight’s team, based in its Nottingham office, is keen to partner with ambitious founders, entrepreneurs and management teams 

 

Nottingham, August 2024: Foresight Group (“Foresight”), the leading regional private equity and infrastructure investment manager, has now invested a milestone £100 million in the Midlands and is ready to partner with more ambitious, growing companies across the region.

Among the businesses Foresight has invested in is Nottingham-based Lightbulb Credit, which provides solutions to enable companies to monitor and improve their credit rating. Lightbulb has helped SMEs to raise over £700 million in funding, demonstrating how Foresight’s investments are having a wider impact on the growing business ecosystem.

It has also backed Loughborough University spin-out, Previsico, a developer of a software-based flood forecasting and warning system; ReadyGo, a start-up diagnostics company that detects infectious diseases; and Postworks, a Northamptonshire company which has digitised the corporate mail sector and is seeing rapid growth.

Foresight invests across growth and buyout, helping founders and management teams who want to achieve their growth ambitions or derisk and release equity from a business they have worked hard to create. It also makes venture investments across deep tech, hard tech, enterprise software and innovative technologies – helping ambitious innovators and empowering them to grow responsibly, at pace.  

Ray Harris, Director at Foresight Group, said: “The Midlands is home to a diverse and inspirational business community, packed with entrepreneurs and dynamic teams ready to take their enterprises to the next level.

“Our passionate and experienced team has significant funds to invest here and are very keen to meet business owners and their advisors to discuss how we can potentially support them on their growth journey.

“We know that every business is different so we take time to nurture relationships and understand where we can add value. Our investment is much more than providing funding – we have a large network of contacts and non-executives who play an important role in helping management teams to grow sustainably, benefiting the local economy.”

This was posted in Bdaily's Members' News section by John Robson .