Expert Market has this week announced a major investment deal with one of the UK’s leading private equity firms, Bridgepoint Development Capital (BDC). BDC has taken a 40% stake in the business to facilitate accelerated growth, potential acquisitions and continued international expansion.
The important milestone for Expert Market and parent company MVF completes a series of successes over the last five years, including a Queen's Award for Enterprise last year, being named the fastest growing tech company in the UK in 2013 by the Sunday Times Tech Track, and voted in the top twenty places to work in London by the Sunday Times Best Companies to Work For poll.
Titus Sharpe, CEO of Expert Market and MVF comments:
'We are delighted to partner with Bridgepoint who will help take to the next level. Bridgepoint has proved to be the perfect match for MVF because they understand the company vision and culture and have the financial capability and international reach to support the continued growth of the business. All five founders are still invested in MVF and it was important for us to maintain our unique values that have made MVF so successful, while getting a partner to help with our expansion.'
Robin Lawson, director of Bridgepoint Development Capital, said:
'We look forward to partnering with management to support them in developing the business through the company's next phase of growth. MVF has already expanded rapidly thanks to its strong points of difference and a management team with a proven track record in the online lead generation sector. We believe that growth will continue to accelerate as the business deepens its presence in existing industry sectors, adds new ones and expands internationally.'